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Bernstein: McDonald's Won't Need To Further Cut Expenses To Maintain Turnaround Momentum
Tuesday, November 1, 2016 - 3:49pm | 357Shortly after McDonald’s Corporation (NYSE: MCD) announced its earnings beat, Bernstein reevaluated its analysis on the fast-food restaurant. The firm expressed its belief that McDonald's may not need to slash its expenses to keep its momentum on its turnaround plan. The firm stated that the...