After announcing its IPO on Thursday, Shake Shack's shares surged to more than twice on the first day of trading. In its IPO, the company had managed to raise %105 million by selling as many as 5 million shares.
The U.S. stock market capped a rough month Friday, delivering its third loss in five days and extending its declines for the year.
McDonald's is about to start accepting a form of payment just about anyone can afford. The official announcement will come tomorrow during the Super Bowl.
ConocoPhillips logo ConocoPhillips (NYSE:COP) posted its quarterly earnings results on Thursday. The company reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by $0.27, Analyst Ratings Network.
The U.S. economy slowed to 2.6 percent growth in the fourth quarter of 2014, despite strongest consumer spending since 2006. This year should still be a good one, though.