Spartan Stores, Inc (NASDAQ:SPTN) is trading at $15.87 and decreased 0.69% from the previous day’s close. Last week, the company posted financial results for second quarter ended September 11, 2010. The operating earnings were $22.1 million compared with $21.0 million in the previous year quarter.
Yesterday, the company announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per common share. The dividend is payable on December 15, 2010 to shareholders of record as of the close of business on December 1, 2010
Zagg Inc (NASDAQ:ZAGG) decreased 2.02% to $7.48 after the company, yesterday, has issued third quarter guidance above the analysts estimates and increased revenue guidance for fiscal 2011.The revenue for third quarter 2010 is expected to be more than $22 million and for fiscal year 2010 revenue is expected to increase by 70%. The guidance is above the Reuters estimates that expect revenue to be $14.64 for third quarter of 2010 and $52.31 million for fiscal 2010.
Shares of McDonald’s Corporation (NYSE:MCD) added 0.12% to $77.57 after it created its fresh 52-week high of $77.79. The stock went up more than 23% year-to-date.
McDonald’s Corp., which has been able to sustain growth throughout much of the economic downturn, may do it again next week when the fast-food giant reports its third-quarter financials before Thursday’s opening bell.
The company is expected to earn $1.25 a share on $6.2 billion in revenue, according to the average estimate of analysts polled by FactSet Research, up from $1.15 a share and $6 billion in the same quarter of 2009.
Yum! Brands, Inc. (NYSE:YUM) went down 0.33% to $48.69. Earlier this month, Susquehanna raised its price target on YUM! Brands from $49 to $50, while reiterating their Positive rating.
Earlier this month, the company reported third-quarter net income of $357 million, or 74 cents a share, from $334 million, or 69 cents a share, in the same quarter last year.
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