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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:50 EDTMSFT, MCDMicrosoft taxes probed as E.U. questions Luxembourg, Bloomberg says
Microsoft (MSFT) is among the firms involved in a European Union investigation into Luxembourg’s tax treatment of multinational companies, according to Bloomberg, citing three people familiar with the E.U.’s review. Two of the people said that competition regulators also asked questions about McDonald’s (MCD) taxes in Luxembourg. Reference Link
News For MSFT;MCD From The Last 14 Days
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October 21, 2014
08:07 EDTMCDMcDonald's to implement revamped marketing approach, simplified menu
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08:04 EDTMCDMcDonald's reports Q3 global comparable sales down 3.3%
The decrease reflects negative guest traffic in all major segments and impact of previously-disclosed supplier issue in certain markets in APMEA. Reports Q3 consolidated operating income down 14%, half due to impact of supplier issue and remainder due to soft operating performance in US and certain markets in Europe.
08:03 EDTMCDMcDonald's to implement in global approach to increase relevance, drive traffic
The company has announced "Mcdonald's Experience of the Future", a comprehensive restaurant execution concept that elevates the menu and customer experience elements that are hallmarks of the McDonald's brand, and capitalizes on investments in reimaging, service and technology enhancements to improve the look, feel and convenience of the McDonald's experience in ways that are in-tune with today's consumer needs. It also announced a new digital strategy and a review of the organization's structure and use of resources in order to redirect spending toward those initiatives, such as the digital strategy and the McDonald's Experience of the Future, that will support the Company's key long-term growth initiatives.
08:00 EDTMCDMcDonald's: Q3 results pressred by tax rate, unusual events, US underperformance
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07:59 EDTMCDMcDonald's reports Q3 EPS $1.09, consensus $1.37
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07:45 EDTMSFTMicrosoft CEO touts cloud revenue run-rate over $4B, BI reports
At a press event yesterday, Microsoft (MSFT) CEO Satya Nadella provided a number of figures about the strong performance of the company's Azure cloud business, including a revenue run rate of nearly $4.4B and that Azure is adding 10,000 new customers every week to its 350M active directory user base, reported Business Insider, which noted that Amazon Web Services (AMZN) is estimated to have roughly $4B in annual sales and that Salesforce.com (CRM) had a little over $4B in revenues last year. Reference Link
06:33 EDTMCDMcDonald's turning off some diners due to increased prices, Bloomberg says
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October 20, 2014
15:36 EDTMCDNotable companies reporting before tomorrow's open
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15:20 EDTMSFTMicrosoft confirms availability of Cloud Platform System, powered by Dell
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13:57 EDTMCDMcDonald's October weekly volatility elevated into Q3 and outlook
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13:46 EDTMCDEarnings Preview: McDonald's sees 15c-20c hit to EPS from China supplier issues
McDonald's (MCD) is scheduled to report third quarter earnings before the open on Tuesday, October 21, with a conference call scheduled for 11:00 am ET. McDonald’s franchises and operates fast food restaurants globally.EXPECTATIONS: Analysts are looking for earnings per share of $1.38 on revenue of $7.19B, according to First Call. The consensus range for EPS is $1.31-$1.51 on revenue of $7.03B-$7.35B. LAST QUARTER: McDonald's reported second quarter EPS of $1.40 against estimates of $1.44 and revenue of $7.18B against estimates of $7.29B. McDonald's also reported global comparable sales relatively flat, with U.S. SSS down 1.5%, Europe SSS down 1% and Asia/Pacific, Mideast, Africa SSS up 1.1%. On its earnings conference call, the company forecast a 4c-5c negative impact on EPS from currency in 2014. The company said it did not anticipate any material changes to the operating environment in the second half of 2014, but said near-term results would likely remain "muted." NEWS: During the quarter, the company said it expected to return $18B-$20B to shareholders between 2014-2016 and that $3.2B year-to-date August had been returned. McDonald's also raised its quarterly dividend 5% to 85c per share. McDonald's said China supplier issues would negatively impact the quarter by 15c-20c largely due to a combination of lost sales, expenses associated with its recovery efforts and the impact of these items on the Q3 tax rate, which is expected to be above the company's outlook for the full-year tax rate of 31%-33%. McDonald's recently announced that Russia temporarily suspended nine of its restaurants in the country. STREET RESEARCH: UBS said its recent survey indicates McDonald's does not have a brand image issue, but rather an execution problem, which will need to be fixed to increase traffic. The firm has a Buy rating and $110 price target on shares. Morgan Stanley downgraded McDonald's to Equal Weight from Overweight due to weakening fundamentals combined with U.S. market share loss, and international pressures. Wells Fargo said McDonald's 5% dividend increase was below the Street's 7%-9% outlook and portends badly for the company's operating cash flow, willingness to increase leverage ratios and its capital intensity plans heading into 2015. PRICE ACTION: McDonald's shares are trading down almost 8% over the last three months and are near flat today ahead of the Q3 earnings report.
12:52 EDTMCDMcDonald's technical comments before results
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12:09 EDTMSFTIBM hits 52 week low after earnings miss, 2015 profit target dropped
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08:00 EDTMSFTRBC Capital remains positive on Microsoft
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07:06 EDTMSFTNICE Systems solution qualified to support Microsoft Lync
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October 19, 2014
20:41 EDTMSFTMicrosoft plans smartwatch launch within weeks, Forbes says
Microsoft (MSFT) is planning a smart watch launch within the next few weeks, Forbes says.The smart watch will passively keep track of the wearer’s heart rate and work across different mobile platforms, added Forbes. Apple (AAPL) has delayed its own smartwatch launch to early 2015 according to the report. Reference Link
18:11 EDTMCDRussia temporarily suspends nine McDonald's restaurants in the country
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October 17, 2014
11:27 EDTMSFTMicrosoft October weekly volatility elevated into Q1 and outlook
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06:30 EDTMSFTNPD: Sony PlayStation4 outsells XBox One in September, GameSpot reports
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06:26 EDTMSFTSony says PS4 September's top-selling console
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