McDonald’s November Sales Soar, Barnes & Noble Slases e-Reader Price: Consumer Business Update
Nintendo Co.’s (NTDOY.PK) Wii U home videogame console was launched Friday in Japan after sales of its 3DS handheld player fueled an expansion of the that country’s video-game market in the first half for the first time in five years. The home console is available in two versions, one priced at ¥26, 250, or $319; and the other, featuring a 6.2-inch touch-screen controller called the GamePad, for ¥31,500. The firm said that American customers bought 400,000 units in the first week of sales which began November 18th.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>
Sales at McDonald’s Corporation’s (NYSE:MCD) established (open a minimum of 13 months) restaurants increased by 2.4 percent, which was more than anticipated in November, as a renewed emphasis on low-priced menu options helped the firm rebound from a decline in October. However, analysts reminded observers that one month does not a full recovery make, saying that it is too early to say if McDonald’s has retaken its lead over rivals Wendy’s (NYSE:WEN) and Burger King Worldwide (BKW).
On Sunday Barnes & Noble (NYSE:BKS) slashed the price of its Nook Simple Touch e-reader from $99 to $79 as the holiday shopping rivalry gets more intense. It is available at nearly 700 of the firm’s stores, its Barnes & Noble college bookstores, or on its web site.
Don’t Miss: McDonald’s to Analysts: You Got Served!