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Starbucks Vs. McCafe: Can McDonald's Take Market Share?
Friday, March 17, 2017 - 2:31pm | 362Can McDonald's Corporation (NYSE: MCD) compete with Starbucks Corporation (NASDAQ: SBUX) in coffee? McDonald's believes an area where it can grow revenues is in its McCafe segment, and it's rolling out new products to test this theory. The fast food giant is testing several...
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Morgan Stanley 'Encouraged' As McDonald's Works On A Refresh
Thursday, November 20, 2014 - 9:27am | 237John Glass of Morgan Stanley hosted McDonald's Corporation (NYSE: MCD) management team at a recent Global Consumer Conference. The analyst was "encouraged" as McDonald's management team laid out its plans to improve food quality and turnaround its operations. McDonald's plans to change the way...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...
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McDonald's Comes Out Swinging, To Counter Taco Bell Breakfast Offerings
Monday, March 31, 2014 - 2:38pm | 603Fast food king McDonald’s (NYSE: MCD) is fighting back against Taco Bell’s well-publicized launch into the $50 billion breakfast market in at least two ways. First, the company tweeted a photo of Ronald McDonald petting a Chihuahua -- the Taco Bell mascot -- with the caption,...
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Is McDonald's Taking on Starbucks in Coffee Wars?
Friday, November 15, 2013 - 10:30am | 607McDonald’s (NYSE: MCD) CEO Don Thompson wouldn’t name the Seattle-based chain as a competitor when he said Thursday that his company has less than its “fair share” of the coffee market. To date, McDonald’s “share” of restaurant coffee servings in the U.S. is less than 13 percent, according to...
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McDonald's Shares Decline on Flat Monthly Comparable Sales
Wednesday, August 8, 2012 - 9:09am | 213McDonald's (NYSE: MCD) reported relatively flat global comparable sales for July, citing a weak economy as a key setback. Shares fell around 3.3 percent in premarket trading following the news. Positive factors for the month included McDonald's breakfast and McCafe Frappe line-ups, according to...