Articles by Daniel Marsh
McDonald's Global Menu Push Faces Test as Overseas Sales Growth Slows
McDonald's international sales grew 1.5% in Q2, down from 4% a year ago. The World Menu Heist campaign tests whether global menu items can drive traffic.
Visa Revocation Cap of 200,000 Set to Impact Asylum Seekers, Travel Stocks in Focus
The Trump administration may revoke up to 200,000 B1/B2 visas linked to asylum applications, a move that could affect $366 million in travel spending. Markets will watch travel stocks.
Callaway Pulls Ad After Backlash; Equipment Sales Rise 4.5%
Callaway and Good Good retract a controversial ad, but Q2 equipment sales rose 4.5% with margin expansion. Stock dips on low volume; analysts still see upside.
Whitbread to Close Beefeater Chain, Pivots to Hotels with £40M Cost
Whitbread plans to close all 106 Beefeater restaurants by September 10, taking a £40 million FY27 charge as it refocuses on its hotel business, aiming for 15-20% returns by FY31.
Nike's One Piece Drop Tests Direct Sales Recovery After Digital Slide
Nike launches its One Piece-inspired Air Max Plus collection as digital sales fell 12% in Q4. The limited drop tests consumer demand amid a broader direct-channel slump.
Mortgage Rates Dip Slightly, Offering Homebuyers Marginal Relief
Mortgage rates edged down 2 basis points to 6.65%, but the savings for buyers are minimal. New-home sales data due Tuesday will provide fresh demand signals.
Delta Flight Diversion Minimal Impact as Stock Holds Steady
Delta Air Lines stock closed nearly unchanged after Flight 182's safe diversion, as investors view the engine issue as an isolated operational event with minimal financial impact.
Colombia's $9.6B Quake Bill Strains Bonds as Peso Holds Firm
Colombia's earthquake recovery is estimated at $9.58 billion, pressuring bonds as yields rise 30 bps. The peso remains firm, supported by steady coffee exports and high interest rates.
