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Stock Market & Financial Investment News

News Breaks
January 18, 2013
07:43 EDTMCDMcDonald'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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April 4, 2014
06:54 EDTMCDMcDonald's ceases work in Crimea, Reuters says
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April 3, 2014
06:34 EDTMCDStates moving on minimum wage hikes, NY Times says
Since President Obama called for an increase in the federal minimum wage 14 months ago, seven states and Washington, DC have passed such an increase, according to The New York Times. Meanwhile, 34 other state legislatures have started debating the issue and activists in another eight states are looking to get proposals for minimum wage increases on voter ballots, the newspaper stated. Companies that could be affected by minimum wage increases include McDonald's (MCD), Burger King (BKW), Wendy's (WEN), Jack in the Box (JACK), Dunkin Donuts (DNKN), and Sonic Corporation (SONC). Reference Link

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