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McDonald's China Restaurant Sale Process: Have Investors Sold The Rumor?
Tuesday, August 23, 2016 - 10:02am | 502McDonald's Corporation (NYSE: MCD) has been looking to sell part or all of its operations in Asia to a strategic buyer who can bring local expertise and knowledge of the unique markets. McDonald's entered into discussions with private equity firms to buy 2,800 of its restaurants in North Asia on...
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McDonald's Announces Search For Strategic Partners In Asia To 'Add Value And Unlock Growth Potential'
Thursday, March 31, 2016 - 7:19am | 245McDonald's Corporation (NYSE: MCD) announced Thursday morning it plans on identifying and seeking out strategic partners in Asia that can "add value and unlock growth potential in key markets." McDonald's is seeking a partner that can also enhance its competitive advantages and resources to better...
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BofA Just Reacted To McDonald's Sales Decline (And Made A Special Note On China)
Tuesday, February 10, 2015 - 10:26am | 351In a new note, Joseph Buckley of Bank of America commented on McDonald's Corporation (NYSE: MCD)'s January global same-store sales decline of 1.8 percent, and said it was in-line with expectations. Within the Americas, Buckley notes that the 0.4 percent comp gain was an improvement over...
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McDonald's Q3 Earnings Preview: Is The Chinese Meat Scare A Factor?
Monday, October 20, 2014 - 5:11pm | 473McDonald's Corporation (NYSE: MCD) will report its third quarter earnings on Tuesday before the opening bell. The Big Mac maker is expected to earn $1.38 per share on $7.2 billion of revenue according to analysts' consensus expectations. McDonald's last reported its quarterly...
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Dow Breaks Four-Day Losing Streak As Calm Restores Last Week's Jittery Market
Monday, August 4, 2014 - 4:57pm | 2610U.S. stocks rallied to start the week on a positive note. Investors are looking for bullish signs that can erase last weeks declines, as the S&P 500 had its largest weekly drop since 2012 and the Volatility Index surged more than 30 percent. Portugal's Central Bank plans to spend 4.9...
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Markets Steady Despite Mixed Economic Data
Thursday, July 24, 2014 - 4:42pm | 2792U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...
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Markets Lower As Geopolitical Uncertainty Continues
Monday, July 21, 2014 - 4:46pm | 2931U.S. stocks were lower as leaders from Britain, France, Germany and Canada have all made their respective countries position clear that Russia will face further sanctions if air investigators are not given full access to the crash site in Ukraine. Israel continued its ground offensive in the...