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Report: McDonald's Has Hired Bankers To Help Explore Sale Of 2,800 Restaurants In Asia
Thursday, April 14, 2016 - 9:13am | 211Read More...According to a report by Reuters, McDonald's Corporation (NYSE: MCD) is in discussions with private equity firms to buy 2,800 of its restaurants in North Asia. McDonald's has been active in seeking partners or buyers for its Asian assets for the past few months. Related Link: McDonald's Announces...
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McDonald's Said To Have Placed Its Korean Unit Up For Sale
Monday, April 11, 2016 - 3:04pm | 134Read More...According to a report by The Korea Herald, McDonald's Corporation (NYSE: MCD) is looking to sell its Korean unit. The Korea Herald, citing "industry sources," stated that McDonald's has tapped financial advisers to advice them on a sale, but it is unclear if it is looking to...
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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 | 245Read More...McDonald'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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McDonald's Gains Nearly 3% Following Q4 Report
Monday, January 25, 2016 - 9:58am | 279Read More...Shares 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...
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High Hopes For Ford, McDonald's And Procter & Gamble Earnings?
Sunday, January 24, 2016 - 5:53pm | 587Read More...By and large, fourth-quarter results have been unimpressive so far. Analysts are looking for some earnings growth from some big consumer favorites this week. Chief among them are Ford, McDonald's and Procter & Gamble. With investors and traders looking for any good news to signal that the...
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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 | 230Read More...According 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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McDonald's Spikes Lower, But Wall Street Darling Still Closer To 52-Week High Than 52-Week Low
Thursday, January 14, 2016 - 12:06pm | 260Read More...McDonald's Corporation (NASDAQ: MCD) is understandably being hit by the broader market selloff. The stock is down almost 2 percent in 2016, but is still better off than Chipotle Mexican Grill, Inc. (NYSE: CMG) or The Wendy's Company (NYSE: WEN) have fared this year. Earlier on Thursday...
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McDonald's Facing European Antitrust Complaint
Tuesday, January 12, 2016 - 12:56pm | 199Read More...According to The Wall Street Journal, McDonald's Corporation (NYSE: MCD) has been slapped with an antitrust complaint from three Italian consumer groups. The publication noted that the complaint was filed with the European Union and accuses McDonald's of abusing its dominant market...
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Report: McDonald's Eying Sale Of Partial Stake In McDonald's Japan
Monday, December 21, 2015 - 1:27pm | 162Read More...According 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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McDonald's Q4 U.S. Comps Growth Estimate Raised From 3% To 4.5% At Stephens
Wednesday, December 16, 2015 - 12:30pm | 406Read More...Shares of McDonald's Corporation (NYSE: MCD) hit a new 52-week high of $118.75 Wednesday morning and are higher by more than 25 percent since the start of 2015. Will Slabaugh of Stephens maintained an Overweight rating on McDonald's with a price target boosted to $130 from a previous...
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Are Analysts Buying McDonald's After Its Investor Day Presentation?
Wednesday, November 11, 2015 - 3:02pm | 817Read More...Shares of McDonald's Corporation (NYSE: MCD) hit a new 52-week high of $114.99 on Friday. McDonald's hosted an Investor Day presentation and released a press release titled "Executing The Turnaround Plan." Wall Street analysts were mostly positive following the presentation, although valuation was...
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SunTrust Lovin' McDonald's, Says Investors Are Being 'Paid To Wait' For A Turnaround
Thursday, October 8, 2015 - 8:53am | 404Read More...Shares 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...
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McDonald's Is Behind The Spicy Trend...And It Could Hurt Sales
Sunday, August 23, 2015 - 11:54am | 400Read More...TheStreet's Brian Sozzi argued last week that McDonald's Corporation (NYSE: MCD) lags competitors in the spicy food trend – a mistake that may hurt its performance. At present, McDonald's is only testing a Spicy McChicken sandwich in select markets as a limited-time offer, according to McDonald's...
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McDonald's To Shrink In U.S. For First Time In 45 Years (Or Possibly Ever)
Thursday, June 18, 2015 - 10:40am | 305Read More...For the first time in at least 45 years and likely ever, McDonald's Corporation (NYSE: MCD) will close more stores in the U.S. than it opens, according to the Associated Press. The brand currently has around 14,300 stores in the country. As of April, the chain was on track to close 700...
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IPO Outlook: Fitbit Running On Pace For This Week's Hot IPO
Monday, June 15, 2015 - 1:05pm | 1515Read More...The wearable fitness tracker company Fitbit, Inc. hopes to raise $358 million this Friday in what could be the hottest IPO of 2015. With great growth across the board, the company plans to issue 22.4 million shares between $14 and $16 per share on the NYSE under the ticker FIT. What Is Fitbit?...
