-
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...
-
McDonald's Mobile Ordering Is Now A Reality
Wednesday, March 15, 2017 - 3:57pm | 393For the first time ever, McDonald's Corporation (NYSE: MCD) customers can place an order and pay for a Big Mac or any other meal through their mobile device. According to a CNBC report, McDonald's will begin testing a mobile order and payment app in 80 stores across Northern California and...
-
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...
-
The Most Overpaid And Underpaid CEOs In The Dow 30 This Year
Thursday, December 29, 2016 - 3:32pm | 677CEO compensation has been a topic of much heated discussion, given that it is on an ever-increasing trajectory, widening income disparity. According to data released by Equilar, a provider of executive data, CEOs at the 100 largest companies by revenue increased a median of 3 percent in 2015 to...
-
Whistleblower Site Calls McDonald's 'The Fraud Of The Century'
Tuesday, November 29, 2016 - 3:03pm | 493A whistleblower website, under the copyright © Justice-pour-tous.org, has targeted McDonald’s Corporation (NYSE: MCD) CEO Steve Easterbrook, calling the multinational corporation the "new Volkswagen" and "the fraud of the century." The website’s URL, steve-...
-
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...
-
Investors Cheer McDonald's Q3 Results
Friday, October 21, 2016 - 8:47am | 336McDonald's Corporation (NYSE: MCD) delivered better-than-expected results for the third quarter, sending the stock higher in the pre-market trading on Friday. While net income dipped 3 percent from $1.309 billion to $1.275 billion, EPS grew 7 percent from $1.40 to $1.50 and came in above the...
-
More Americans Brown-Bagging It, Putting The Squeeze On Food Stocks
Wednesday, July 27, 2016 - 1:44pm | 397Here's an interesting headwind that McDonald's Corporation (NYSE: MCD) and other fast-food restaurants have to deal with: more Americans are bringing homemade lunches to work and cooking dinner at home. McDonald's CEO Steve Easterbrook didn't directly acknowledge this new trend...
-
McDonald's Easterbrook For CEO Of The Year? La Monica Believes He Could Make It
Saturday, April 23, 2016 - 9:08am | 297McDonald's Corporation (NYSE: MCD) reported first-quarter earnings of $1.23 per share Friday morning, beating the Street’s consensus by $0.07. Revenue of $5.9 billion also came in $80 million ahead of expectations. Right after McDonald’s report was released, CNN Money digital...
-
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...
-
McDonald's Gains Nearly 3% Following Q4 Report
Monday, January 25, 2016 - 9:58am | 279Shares of McDonald's Corporation (NYSE: MCD) were trading higher by nearly 3 percent early Monday morning after the company reported its fourth quarter results. McDonald's earned $1.31 per share in the fourth quarter (adjusted EPS of $1.28) on revenue of $6.341 billion. Wall Street...
-
Talk Of McDonald's Mac And Cheese Testing Circulating Street
Monday, December 28, 2015 - 4:51pm | 232McDonald's Corporation (NYSE: MCD) is now in the process of testing a macaroni and cheese dish served as an alternative to french fries at select Ohio locations, CNN Money recently reported. The item is on sale for an additional $1.75 for a limited time; the duration of the sale has not...
-
Sozzi Reviews Saucy McDonald's Under Easterbrook's Management
Thursday, November 12, 2015 - 3:25pm | 409Shares of McDonald's Corporation (NYSE: MCD) have gained more than 20 percent year-to-date, standing among the best performers of the year. In a email, The Street’s Brian S. Sozzi pointed out that “with that big burden comes higher expectations for management.” The reporter...
-
McDonald's Investor Day Is Coming; Here's How To Play It
Friday, November 6, 2015 - 2:13pm | 437McDonald’s Corporation (NYSE: MCD) stock has surged heading into its upcoming investor day on November 10. Shareholders will be watching for updates to the company’s refranchising initiative, capital return program, operations and real estate plans. Credit Suisse and Deutsche Bank...
-
SunTrust Lovin' McDonald's, Says Investors Are Being 'Paid To Wait' For A Turnaround
Thursday, October 8, 2015 - 8:53am | 404Shares of McDonald's Corporation (NYSE: MCD) have gained more than 8 percent year-to-date. Jake Bartlett of SunTrust Robinson Humphrey sees further upside in the stock as he initiated coverage with a Buy rating and $117 price target. Bartlett noted many initiatives in place could...