McDonald's estimates raised at UBS UBS said U.S. fast food industry trends seem to have stabilized and raised McDonald's estimates to reflect higher December U.S. same-store-sales estimates. The firm reiterates its Buy rating and raised its price target to $100 from $96.
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McDonald's defends itself against children and obesity, Reuters reports For the second straight year, McDonald's investors rejected a shareholder proposal that would have required the fast-food chain to assess its impact on childhood obesity, reports Reuters. Reference Link
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