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McDonald's Once Owned 90% Of Chipotle: Why It Sold Stake Too Early, Missed $73 Billion Opportunity
Wednesday, October 23, 2024 - 11:11am | 950Fast-food giant McDonald's Corporation (NYSE:MCD) is one of the most valuable restaurant companies in the world, valued at more than $225 billion and consistently putting out quarterly results with billions of dollars in revenue. It turns out that the company could have been even more valuable if...
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McDonald's Says Ex-CEO Easterbrook 'Breached Fiduciary Duties'
Monday, August 31, 2020 - 10:40am | 363Global fast food giant Mcdonald's Corp (NYSE: MCD) is now accusing former CEO Steve Easterbrook of lying to the company's board when negotiating an exit package as part of his 2019 termination, Business Insider reported. What Happened: McDonald's fired Easterbrook last November...
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Internal McDonald's Investigation Deepens After CEO Firing: Report
Wednesday, August 26, 2020 - 11:27am | 411Mcdonald's Corp's (NYSE: MCD) investigation into ex-CEO Steve Easterbrook's conduct has taken a turn amid fresh allegations of a cover-up, The Wall Street Journal reported Tuesday. What Happened: McDonald's is suing its former CEO, alleging that Easterbrook wasn'...
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Institutional Investor Says McDonald's Lawsuit Against Ex-CEO Shows Failure By Board
Monday, August 17, 2020 - 11:49am | 598Global fast food giant Mcdonald's Corp (NYSE: MCD) needs to make changes to its board of directors in reaction to how it handled the ousting of its former CEO Steve Easterbrook, according to Dieter Waizenegger of CtW Investment Group. A Failure In Board Oversight? The McDonald's...
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McDonald's Suing Former CEO Puts All Executives On Notice
Tuesday, August 11, 2020 - 3:25pm | 325Mcdonald's Corp (NYSE: MCD) is suing its ex-CEO, Steve Easterbrook, for allegedly lying about relationships with workers. Unacceptable Behavior: Easterbrook was believed to have engaged in a non-physical but sexual relationship with an employee through texting and video calls. An...
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Here's How Much Investing $100 In McDonald's Stock Back In 2010 Would Be Worth Today
Wednesday, January 29, 2020 - 8:52am | 387Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way. McDonald’s Big Decade One of the top...
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McDonald's CEO To Employees: The Party's Over
Monday, January 6, 2020 - 10:53am | 477Global fast food giant Mcdonald's Corp (NYSE: MCD) CEO Chris Kempczinski wants to put an end to a party-like culture in the company, according to a Sunday Wall Street Journal report. New McDonald's CEO Targets Workplace Culture Kempczinski took over as CEO after McDonald's...
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What's Next For McDonald's After Easterbrook's Abrupt Departure?
Monday, November 4, 2019 - 6:10pm | 711McDonald's Corp (NYSE: MCD) abruptly parted ways with CEO Steve Easterbrook on Sunday and represents a new topic of uncertainty for investors. The Analysts UBS analyst Dennis Geiger maintains a Neutral rating on McDonald's stock with a $212 price target. Bank of America analyst Gregory...
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Large Option Traders Bet Against McDonald's Following CEO Exit
Monday, November 4, 2019 - 3:50pm | 667Shares of McDonald's Corp (NYSE: MCD) are down 3% on Monday following the unexpected departure of the company’s CEO Steve Easterbrook. Following the news, some large option traders are making some unusually large bearish bets against McDonald's in the post-Easterbrook era. The Trades...
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McDonald's CEO Firing: Management Expert, Asset Manager On What It Means For Investors
Monday, November 4, 2019 - 11:25am | 415McDonald's Corp (NYSE: MCD) CEO Steve Easterbrook is the latest high-ranking executive to be fired for misconduct, according to Yale School of Management's Jeff Sonnenfeld. Sonnenfeld: No Need For Interim CEO Among the roughly 90 CEOs who were terminated or resigned last year, 40% were...
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Steve Easterbrook Out As McDonald's CEO Amid Relationship With Employee
Sunday, November 3, 2019 - 7:24pm | 298Steve Easterbrook is gone at McDonald's Corporation (NYSE: MCD) On Sunday afternoon, McDonald's announced its board of director's determined Easterbrook violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee. "I engaged in...
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McDonald's Q1 Earnings Beat Lifts Stock
Tuesday, April 30, 2019 - 8:16am | 354McDonald's Corp (NYSE: MCD) reported first-quarter results that came in better than expected and helped lift shares higher by nearly 3 percent. What Happened McDonald's said it earned $1.78 per share in the first quarter on revenue of $4.956 billion versus expectations of $1.77 per share...
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McDonald's Buys Dynamic Yield To Enhance In-Store, Drive-Thru Experience
Tuesday, March 26, 2019 - 8:10am | 398Mcdonald's Corp (NYSE: MCD) said Monday it reached an agreement to buy Israel-based Dynamic Yield, a personalization and decision logic technology. What Happened McDonald's said the acquisition of Dynamic Yield will give it access to new technology to offer a more personalized customer...
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McDonald's New Promotions Give The Chain A Sales Boost In Q3
Tuesday, October 24, 2017 - 8:47am | 344Shares of McDonald's Corporation (NYSE: MCD) initially jumped higher after its third-quarter earnings report but gave back all of its gains and was trading lower by around 0.27 percent. The fast-food restaurant chain said it earned $1.76 per share in its third quarter on revenue of $5.755 billion....
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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...