The Big Mac is suffering. Facing changing eating habits among Americans, McDonald's Corp. on Monday reported downbeat November sales, sending its stock down nearly 4%. The Oak Brook, Ill.-based fast-food giant said sales at …
(Reuters) - McDonald's Corp. shares hit an all-time high on Thursday after Chief Executive Steve Easterbrook said a rebound in quarterly restaurant sales showed that his turnaround plan is starting to work. Global sales at established …
McDonald's (MCD) stock slipped more than 0.7%. It was the biggest laggard on the Dow. Shares of fellow fast food giant Yum! Brands (YUM), which now generates more of its revenue in China than the United States thanks to the growing …
McDonald's CEO has resigned after almost 25 years at the fast-food chain and will be replaced by its chief brand officer. Don Thompson will step down from his position at the top of the iconic restaurant business effective March 1, according …
In late September 2008, when global stock markets fell off a cliff, a funny thing happened to McDonald’s. While the financial industry and consumer goods were cratering, same-store sales rose 8.2 percent the next month. And …
Wall Street ratings agencies set the tone for today's stock market. AthenaHealth (ATHN): Shares get downgraded to Outperform from Perform at Raymond James. Hologic (HOLX): The stock is now Neutral from Buy at Piper Jaffray. …
McDonald's Corp. on Tuesday posted lower earnings for the seventh time in eight quarters, but its stock rose on plans to cut new restaurant openings and increase spending on existing outlets. With the help of a 1-cent dividend increase, …
McDonald's Corp. said Wednesday that third-quarter earnings will come in well above estimates and that U.S. sales jumped 10.6 percent in September, the 18th consecutive gain. Shares of McDonald's jumped 4.7 percent, their biggest …
For much of the past 18 months, it's been fair to question whether the economy is truly on the mend. Not anymore. The recent employment trends have started cement a new reality: companies are starting to rebuild their workforces and …
That's how Steve Easterbrook, the recently appointed CEO of McDonald's, summed up the fast food giant's ... Investors seemed to agree: the stock dipped by more than 1% in early trading after its release. "It's practical, but for a company …