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Mac Jr., Dollar Coffee Credited For McDonald's Q1 Top-Line Strength
Tuesday, April 25, 2017 - 9:03am | 500Shares of McDonald's Corporation (NYSE: MCD) were trading higher by more than 3 percent early Tuesday morning at $138.36 after the fast-food restaurant chain posted a better-than-expected first-quarter report. If McDonald's stock holds on to its pre-market gains it will open above its all-time high...
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McDonald's Is In A 'Sweet Spot' To Hit 2019 Targets; BMO Initiates At Outperform
Friday, April 21, 2017 - 2:13pm | 403BMO Capital Markets' Andrew Strelzik initiated coverage of restaurant giant McDonald's Corporation (NYSE: MCD) with an Outperform rating and $153 price target for three main reasons. 1. Early Stages Of A Turnaround Strelzik expects McDonald's to achieve its 2019 objectives, as the company is still...
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Better Innovation, Value And Technology At McDonald's; Bernstein Upgrades To Outperform
Tuesday, April 18, 2017 - 9:16am | 407Sara Senatore of Bernstein upgraded shares of McDonald's Corporation (NYSE: MCD) from Market Perform to Outperform with a price target boosted from $129 to $160. According to Senatore, McDonald's stands to gain from food inflation and the restaurant chain's re-commitment to value. In addition, a...
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These 3 Companies Captured 84% Of American Business Last Year
Tuesday, April 11, 2017 - 1:58pm | 429A recent report from the NPD Group shows three businesses captured at least 84 percent of American’s business in 2016. The 3 Leaders Of all the companies including in the report, Wal-Mart Stores Inc (NYSE: WMT) captured the highest percentage of American business, with 95 percent of Americans...
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McDonald's Is Getting Serious About Menu Changes
Friday, March 31, 2017 - 9:00am | 390McDonald's Corporation (NYSE: MCD) announced a major menu change Thursday regarding a staple MickyD's item: the Quarter Pounder. The fast food chain has announced it will make the Quarter Pounder with fresh beef in most stores by mid-2018. Fresh Start With Fresh Beef? The company initially...
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McDonald's CEO: Traffic Isn't Soft, It's Down
Thursday, March 2, 2017 - 2:40pm | 392McDonald's Corporation (NYSE: MCD)'s CEO Steve Easterbrook isn't into playing word games to describe the fast food chain's business. For instance, McDonald's traffic hasn't been "soft" over the past few quarters — it is simply "down." Speaking as a guest on CNBC Thursday, the CEO acknowledged...
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Everything You Need To Know About McDonald's Investor Day Presentation
Wednesday, March 1, 2017 - 1:39pm | 296Shares of McDonald's Corporation (NYSE: MCD) were halted Wednesday morning ahead of the company's Investor Day presentation. The stock resumed at 12:23 p.m. ET. Here is a recap of what's been said at the meeting so far: McDonald's CFO Kevin Ozan talked about G&A discipline...
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Having Trouble Ordering A McFlurry? You Aren't The Only One
Thursday, January 19, 2017 - 2:40pm | 371Far from being the most pressing issue of our time, the Wall Street Journal investigated why many McDonald's Corporation (NYSE: MCD) customers are unable to order a McFlurry. WSJ highlighted the story of an 18-year college student named Matt Laliberte who returns to a McDonald's location time and...
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Starbucks To Crush McDonald's This Year?
Tuesday, January 3, 2017 - 4:26pm | 238McDonald's Corporation (NYSE: MCD) is the world's most valuable restaurant company with a valuation just shy of $100 billion. However, according to Mark Kalinowski of Nomura, McDonald's will eventually be dropped to second place. The victor? Starbucks Corporation (NASDAQ: SBUX). In...
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Jim Cramer Praises McDonald's CEO Amid New Initiatives
Friday, November 18, 2016 - 1:57pm | 283Want to order your meal at McDonald's Corporation (NYSE: MCD) at a table? What about paying for an order through a mobile device? These are some of the initiatives the company is working on to help spur growth in the U.S. market. Speaking to CNBC, McDonald's CEO Steve Easterbrook said...
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McDonald's Q3 Shows Some Concerning Trends
Friday, October 21, 2016 - 1:40pm | 406McDonald's Corporation (NYSE: MCD) reported on Friday third-quarter results, which sufficiently satisfied investors' appetite to the point where shares gained more than 2 percent. According to Gadfly's Shelly Banjo, investors are treating McDonald's stock like filet mignon as opposed to what it...
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Southern Concepts CEO Mitch Roth On Why Investing In Fast Casual Makes Sense
Saturday, May 16, 2015 - 9:28am | 1375With some reports indicating fast casual growth is slowing down, investors are left to wonder whether the once hot sector has suddenly become lukewarm. Southern Concepts Restaurant Group (OTC: RIBS) CEO, Mitch Roth told Benzinga why he thinks fast casual in general and his company’s...
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Brean Capital Says Apple Pay Is A 'Work In Progress'
Wednesday, December 24, 2014 - 12:19pm | 402Brean Capital issued a technology industry update Wednesday with a focus on Apple Pay and some of the companies accepting the Apple Inc. (NASDAQ: AAPL) payment technology. Analyst Tom Forte “conducted channel checks at more than 10 McDonald’s locations across four states and...
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McDonald's Stock Plummets As Global Comparable-Store Sales Fall 2.2%
Monday, December 8, 2014 - 9:51am | 233McDonald's Corporation (NYSE: MCD) on Monday reported its global-comparable-store sales fell 2.2 percent in November, with declines seen across all major segments. Shares were down 3 percent at $93.40 in the premarket. U.S. comparable-store sales fell 4.6 percent due to "strong...
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The 9 Most Infamous Twitter Hacks of All-Time
Friday, April 26, 2013 - 11:58am | 89Following Tuesday's frightening Associated Press tweet, which "hacked the market," the impact of hijacked Twitter feeds in a world that depends on instantaneously-shared information has become a legitimate concern. The AP hack is the latest in a disturbing (though occasionally hilarious) trend of...