McDonalds, Hasbro and BB&T on investors’ minds today
Time for your daily dose of Trending Tickers, the stocks that you're tracking as measured by Yahoo Finance ticker searches. Making the list today are:
McDonald's (MCD) - The golden arches are not so golden today with shares down close to a percent on news that a supplier of the chain in China sold Ronald, Grimace and the Hamburgler expired beef. The news comes a day before the company is set to report Q2 earnings. Analysts expect EPS of $1.44 on revenue of $7.28 billion.
BB&T Regional Bank (BBT) - Shares of the North Carolina based lender down more than four percent on some weak earnings data. BB&T's profit fell to $0.58; well shy of last year's $0.77 and below analyst estimates for $0.75. BB&T also took a $53 million or $0.07 per share charge after the U.S. Department of Housing and Urban Development announced plans to audit the bank's sales of government backed loans. That's $53 million just to lawyer up get ready to pay fines. Just life in a regulated world, folks.
Hasbro (HAS) - Shares of the toy maker are off more than three percent today after reporting earnings that even My Little Pony and Transformers couldn't prop up. Hasbro reported EPS of $0.36 a share and inline with analyst estimates but revenue of $829 million fell short. It's been a rough go for toys in Q2 as Hasbro's numbers come a week after chief competitor Mattel (MAT) who is dealing with similarly lackluster results
Those are your Trending Tickers today. Tell us what stocks you're watching on twitter using the hashtag #TrendingTickers.
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