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Stock Market & Financial Investment News

News Breaks
January 22, 2013
12:18 EDTMCDEarnings Preview: McDonald's could report higher Q4 EPS and sales, analyst says
Fast food giant McDonald's (MCD) is scheduled to report Q4 before the market open on Wednesday, January 23, with a conference call scheduled for 11:00 am ET... EXPECTATIONS: Analysts are looking for EPS of $1.33 on revenue of $6.89B, according to First Call. The consensus range for EPS is $1.29-$1.42 on revenue of $6.69B-$7.14B... LAST QUARTER: McDonald's reported Q3 EPS of $1.43, including 8c per share of negative currency impact, against estimates for $1.48 on revenue of $7.15B against estimates for $7.15B. During its Q3 earnings call, McDonald's said that the current operating environment is "the new normal" and that the environment would likely remain challenging for the next few quarters. The company said total cash returned to shareholders would be at least $5.5B in 2012. McDonald's also forecast 2012 U.S. commodity cost increases of 3.5%-4.5%, with 2013 commodity cost increases less than 2012; the company said Q4 commodity cost increases would be slightly higher than Q3. The company forecast foreign currency impacting FY12 EPS by 17c-19c and 1c-2c in Q4... STREET RESEARCH: UBS recently raised its price target on McDonald's to $100 from $96 and said U.S. fast food industry trends seem to have stabilized. The firm raised estimates to reflect higher December U.S. same-store-sales estimates. Wells Fargo predicted that McDonald's margins will increase in 2013, driven partly by improving SSS. The firm believes the company will report higher than expected Q4 EPS and sales. During the quarter, shares were downgraded to Market Perform from Outperform at Raymond James... PRICE ACTION: Over the last three months, McDonald's shares rose almost 5%.
News For MCD From The Last 14 Days
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September 2, 2015
14:36 EDTMCDMcDonald's all-day breakfast may further crimp egg supplies, Bloomberg says
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07:41 EDTMCDMcDonald's risk/reward favorable under new management, says Deutsche Bank
Deutsche Bank analyst Karen Short views the risk/reward for shares of McDonald's as favorable given new management's sense of urgency and willingness to challenge the previous strategies. After hosting a group of investors to discuss the bull and bear points of view on the stock, Short sees a greater interest in being long McDonald's. She has a Buy rating on the stock with a $120 price target.
September 1, 2015
15:09 EDTMCDMcDonald's to offer all-day breakfast starting October 6, WSJ says
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August 31, 2015
19:52 EDTMCDMcDonald's begins cooking breakfast items with real butter, CNBC says
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August 30, 2015
12:33 EDTMCDDividend-rich blue chips look attractive amid market volatility, Barron's says
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August 27, 2015
19:53 EDTMCDMcDonald's, Tyson Foods drop T&S Farm after animal cruelty video, Reuters says
McDonald's (MCD) and Tyson Foods (TSN) terminated a contract with T&S Farm after animal rights activists shot an undercover video showing farm workers engaging in "unacceptable animal treatment", reports Reuters citing Tyson spokesman Worth Sparkman and a statement from McDonald's. Reference Link
18:16 EDTMCDLabor Relations Board revises joint employer policy
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August 26, 2015
06:18 EDTMCDMcDonald's customization kiosks fail to reach drive-thru customers, QSR reports
McDonald's' new "Create Your Taste" kiosks in all its franchises, allowing for customers to customize their orders, may present a problem since they can only be accessed from inside the restaurants, and McDonald's allegedly receives as much as 70% of its sales from the drive-thru, QSR Magazine reports. The expensive new kiosks are expected to cost franchises between $100,000-$150,000 to install, the report says. "At a cost of $100,000-$150,000 per restaurant to implement, it has a limited upside," Richard Adams, a former McDonald's franchisee, told QSR. "I think this is more a stunt to appeal to Wall Street investors instead of being practical for the restaurant operator." Reference Link
August 21, 2015
06:45 EDTMCDMcDonald's accused of mistreating employees in Brazil, Reuters says
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06:11 EDTMCDMcDonald's signs franchise deal with Russia's GiD, Reuters reports
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