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Report: McDonald's Received At Least Two Bids For A Stake In Its Japanese Unit, But High Valuation A Concern
Wednesday, January 20, 2016 - 2:28pm | 230According to Nikkei Asian Review, multiple investment firms, including Bain Capital and Permira "likely" submitted an offer to acquire a stake McDonald's Corporation (NYSE: MCD)'s Japanese unit. Nikkei Asian Review reported back in December 2015 that McDonald's has been...
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Report: McDonald's Eying Sale Of Partial Stake In McDonald's Japan
Monday, December 21, 2015 - 1:27pm | 162According to Nikkei Asian Review, McDonald's Corporation (NYSE: MCD) is exploring strategic alternatives for its Japanese arm, including a potential sell of part of the business. The publication noted that an un-named McDonald's executive recently traveled to Japan and met with trading...
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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 Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 4:52pm | 2340U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...
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Market Wrap For February 6: Stocks Higher With All Eyes On Friday's Jobs Report
Thursday, February 6, 2014 - 5:37pm | 3005U.S. stocks moved sharply higher today as investors and traders digested positive news about the job market. It is unclear if Thursday's momentum will be carried forward Friday with the release of the January employment survey. The Dow gained 1.22 percent, closing at 15,628.53. The S...