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Stock Market & Financial Investment News

News Breaks
July 21, 2014
14:05 EDTMCDEarnings Preview: McDonald's to return up to $20B to investors from 2014-2016
McDonald's (MCD) is scheduled to report second quarter earnings before the open on Tuesday, July 22, with a conference call scheduled for 12:00 pm ET. McDonald’s franchises and operates fast food restaurants globally. EXPECTATIONS: Analysts are looking for earnings per share of $1.44 on revenue of $7.29B, according to First Call. The consensus range for EPS is $1.41-$1.48 on revenue of $7.1B-$7.46B. LAST QUARTER: McDonald's reported first quarter EPS of $1.21 against estimates of $1.24 and revenue of $6.7B against estimates of $6.73B. McDonald's also reported global comparable sales up 0.1%, with U.S. SSS down 1.7%, Europe SSS up 1.4% and Asia/Pacific, Mideast, Africa SSS up 0.8%. On its conference call, the company said Q1 commodity costs were up 3% in the U.S. and it expected to see similar commodity pressure in Q2. The company also said FY14 market dynamics would remain "similar" to last year. NEWS: During the quarter, McDonald's reported April global SSS up 1.2% and May SSS up 0.9%. On May 28, the company said it expected to return $18B-$20B to shareholders between 2014-2016 through a combination of dividends and share repurchases, representing a 10%-20% increase over amount of cash returned between 2011 and 2013. McDonald's also said it expects to refranchise at least 1,500 restaurants by the end of 2016, primarily in Asia/Pacific, Middle East and Africa and Europe. McDonald's was rumored to be testing "McD Ordering," an order-ahead and mobile payment app. McDonald's and KFC, part of Yum! Brands (YUM), are currently facing a new food scandal in China after Dragon TV, a Shanghai TV station, said food supplier Husi Food Co sold them expired beef and chicken, the Associated Press reported on July 21. STREET RESEARCH: Wells Fargo believes that McDonald's stock will be "relatively resilient," as the firm thinks that over its history the stock has traded more like a consumer staple stock than consumer discretionary shares . The firm sees McDonald's generating "modest" SSS growth. PRICE ACTION: McDonald's shares are trading down almost 2% over the last three months and are up over 0.6% year-to-date.
News For MCD From The Last 14 Days
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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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August 19, 2015
06:12 EDTMCDStarbucks K-cup momentum is accelerating, says UBS
UBS analyst Keith Siegner says Starbucks (SBUX) is seeing accelerating momentum in the single-serve cup category. The company's K-cup sales increased 36% year-over-year for the four-week period ended August 8, according to Nielsen (NLSN), Siegner tells investors in a research note. Starbucks' K-cup promotion levels ticked up sequentially, but remain well below levels from earlier in the year, the analyst points out. The company's K-Cup portfolio continues to gain share despite increasing price pressure and new market entrants like Dunkin' Brands (DNKN) and McDonald's (MCD), Siegner writes. He keeps a Buy rating on Starbucks with a $63 price target. The stock closed yesterday up 9c to $57.83. Shares of Keurig Green Mountain (GMCR) are down 62% year-to-date in part due to the company's slowing sales in the single-serve cup category.
August 18, 2015
06:16 EDTMCDFast food chains making new push with more fresh ingredients, WSJ says
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August 16, 2015
18:56 EDTMCDU.S. food chains see opportunity in a weakened Brazil, WSJ says
North American food chains including McDonald's (MCD), Dunkin' Brands (DNKN), Domino's Pizza (DPZ), Papa John's (PZZA), and Bloomin' Brands (BLMN) are expanding into Brazil in hopes to capture market share while local restaurants pull back amid the country's economic uncertainty, reports the Wall Street Journal. Brazilian economic troubles "make it more challenging, but it's also an opportunity... The Brazilian economy will improve, and we'll be in a position to take advantage of that," commented Patrick Murtha, president of the international arm of Bloomin' Brands. Reference Link

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