Taco Bell beef controversy sparks nationwide ad campaign
A dubious $ suit accuses Taco Bell of mislabeling its taco filling as beef while the chain counters with full page ads in major papers and a YouTube push led by its president. Taco Bell asserts the mix is 88 percent beef plus water and additives, disputing the 35 percent figure from the filing firm Beasley Allen Miles. The federal case in California claims the product fails federal beef standards, prompting strong media backlash and expert commentary on its impact and handling.
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Wall Street Journal
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Yum Brands
Louisville
Halliburton posts big fourth quarter gain on activity
Halliburton Co. reports net income more than doubling to 605 million dollars in the fourth quarter on a 40 percent revenue rise to 4.2 billion. CEO Dave Lesar cites stronger oil and gas drilling in North American shale formations offsetting Gulf of Mexico losses and warns Gulf activity may stay weak through mid year.
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NEW York Halliburton Co
Gulf of Mexico
Houston Oil Services Company
Dave Lesar
North American
Halliburton
Gulf
Lesar
First Cash Financial posts record quarterly earnings
Arlington based First Cash Financial Services reported a fourth quarter record net income of 19.56 million or 62 cents a share up from 14.99 million or 49 cents a year earlier as a weak U.S. economy boosted pawn shop traffic and new stores opened in Mexico.
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Arlington First Cash Financial Services
U.S
Mexico
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