Company
McDonald's Corp
NYSE:MCD
McDonald's Corp is the world’s leading global foodservice retailer with over 40,000 locations in over 100 countries. Approximately 95% of McDonald’s restaurants worldwide are owned and operated by independent local business owners.
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McDonald’s has received over 400 workplace abuse claims since July
UK boss speaks before parliament in response to shocking allegations of sexual misconduct
FIVE at FIVE: Flutter booted; AstraZeneca higher; FTSE 100 surges; McDonald’s summoned; Nvidia rumours
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Subway suitors to team up for multibillion-dollar bid
Advent International, Bain Capital and TPG are poised to team up to place a bid for Subway
McDonald's ups prices again and blames inflation
McDonald's will raise the prices of some of its products for the second time in six weeks, as higher costs continue to bite
McDonald's refuses franchise owners' requests to delay policy change
Franchisees operate roughly 95% of the company's restaurants
McDonald's posts higher than expected US same-store sales growth in Q2 2022 thanks to higher prices and value items
However, the company's president and chief executive officer Chris Kempczinski noted that the environment is still “challenging” as inflation and the war in Ukraine weighed on the restaurant group's overall quarterly earnings
McDonald's to sell its 850 Russian restaurants to Siberian franchisee
After more than 30 years in Russia, McDonald's has begun selling its restaurants
McDonald's pork policies under fire from activist investor Carl Icahn
The fast-food chain announced in 2012 that within 10 years it would stop doing business with pork suppliers who use gestation stalls, but is now pushing back this deadline by two years
McDonald’s deals in IBM to automate ‘drive-thru’
Automated order taking is expected to yield “substantial benefits”
McDonald's runs out of milkshakes as lorry driver shortage impact spreads
“Bottled drinks and milkshakes are temporarily unavailable in restaurants across England, Scotland and Wales"
McDonald’s plans to open 50 new outlets, create about 20,000 new jobs in the UK this year
McDonald's is already one of the UK and Ireland's biggest employers
McDonald’s sued for US$10bn as US entrepreneur says it discriminates against Black-owned media outlets
The lawsuit was brought forward by Entertainment Studios Networks owner Byron Allen
McDonald’s sets goal to reach gender parity in leadership roles by 2030
The fast-food giant has also set diversity targets days after a US franchise owner accused it of racial discrimination
UK market needs to keep up with plant-based meat alternatives as McDonald’s launches vegan line
The plant-based alternatives market in the EU and UK is expected to nearly double in five years, but London doesn't have a pure-play food producer like Beyond Meat
McDonald’s sues former CEO, alleges new evidence on employee relationships
Steve Easterbrook was terminated by the fast food giant in November last year after the board concluded that he had violated company policy by engaging in a relationship with one of its employees
McDonald's to reopen 700 UK restaurants as restrictions ease
Customers will order at the till or kiosk using the burger chain’s My McDonald’s app
McDonald's holds off on dine-in service in the US as coronavirus cases keep climbing
The fast food chain plans to wait another three weeks before it makes a decision about resuming normal business at its restaurants, according to the Wall Street Journal
McDonald’s flexes 4Q expectations beat, surging same-store sales growth
The fast food titan beat expectations across the board
McDonald’s chief executive steps down over relationship with employee
Company policy forbids managers from having romantic relationships with more junior members of staff
McDonald's shares dip as hamburger chain fails to keep pace with rivals in 3Q
McDonald's is facing fierce pressure from Burger King and KFC, which have introduced plant-derived burgers
Hardware & electrical equipment
ShareRoot increases the Social Science takings amid MediaConsent interest
The consumer data security provider is aiming to grow revenue and reduce spending in the coming year.
Wendy's tops 3Q estimates, but misses on same-store sales
The fast food chain’s same-restaurant sales in North America fell 0.2% in the quarter
Where to score spooktacular deals this Halloween
Burger King, McDonald’s, Chipotle, Wendy’s and other chains are celebrating the spooky season with freebies and promotions
Early Movers: Amazon shares tumble on disappointing earnings while the McRib sandwich makes a comeback at McDonald's
Snap, the parent of the social media messaging app Snapchat, is also being punished for a lacklustre earnings report, before the opening bell
EARLY MOVERS: Altria Group and tobacco firms in the frame after FDA crackdown announcement
Also in pre-market deals, Pivotal Software Inc takes a nose-dive and McDonalds Corp shares are unmoved
CryptoCann™ Report: Facebook exec leaves Coinbase board; California dispensary and chicken joint create the ‘Happiest Meal’
Exec David Marcus will step down from the exchange's board to focus on Facebook's blockchain technology
McDonald’s reports super-sized second-quarter results but US sales fizzled
The fast food giant's US same-store sales growth slowed in its second quarter
PRE-MARKET MOVERS: Investors lose appetite for McDonald's amid stomach illness outbreak, but big bank JPMorgan Chase gains ground
Also in focus in pre-market trade is AT&T Inc, Time Warner and PNC Financial Services Group Inc
Midday Movers: McDonald’s, Financial Engines and more
Small cap indices the Russell 200 and the S&P 600 are both down slightly this afternoon
Archive
Rough start to the week for U.S. stocks, Dow closes more than 150 points lower
All major U.S. indices were down by Monday's closing bell, dragged lower by telecom stocks
Menu price rises help drive 1Q earnings beat at McDonald’s
McDonald’s expanded value offering is getting more people through the door but the higher-ticket items such as its new Big Mac range are the main drivers for sales growth
Archive
US stocks set to end April on a positive note, with slew of M&A news to keep traders busy on Merger Monday
A slew of merger news to keep the market busy today ....
McDonald's announces big push onto Wendy's turf with fresh beef burgers
Top executive says switch to fresh beef quarter-pound burgers "is the most significant change to our system and restaurant operations since All Day Breakfast"
Investments and investor services
IPG Photonics Corporation, Discovery Communications Inc and McDonald's Corporation - AFTER HOURS
IPG Photonics is to replace Scripps Networks Interactive in the S&P 500,
McDonald’s price target cut by RBC Capital after “disappointing” start for new $1-$2-$3 value menu
“We believe $1 $2 $3 menu's positioning as a variety play protected franchisee profitability but lacked the 'hero' item necessary to resonate with value-conscious consumers”
McDonalds sags despite topping forecasts with fourth quarter earnings
Get the statins out! "We served more customers more often," boasted McDonald's chief executive officer, Steve Easterbrook
McDonalds, Caterpillar, United Technologies and more – PRE-MARKET
Proactive takes a loom at what's moving the needle in pre-marlket deals in New York
Not loving it: McDonald’s sees first strike to hit its UK restaurants in a protest over pay and other issues
Media reports said fourteen workers at McDonald’s restaurants in city of Cambridge and in Crayford, south of London, staged a strike to demand an increase in pay to £10 an hour, an end to so-called zero-hour contracts, and more trade union
US shares close higher after host of earnings
US stocks powered up throughout the day as traders digested a host of big cap earnings
Burger giant McDonalds shares at all time high after earnings beat
Shares rose 4.29% to US$158.43 in early deals in New York...
McDonalds Corp, Michael Kors, Caterpillar Inc and more – PRE-MARKET
Proactive talks a look at the main movers in pre-market deals in New York
McDonalds to trial home delivery with app Uber
McDonald’s will trial this in 22 outlets across the UK capital....
McDonald's boosted by broker upgrade thanks to mobile ordering
Cowen & Co’s new target price of US$180, up from US$142, sees some 18% upside to the stock’s current price of US$154.
McDonald's forced to apologise over filet-o-fish-ad
"We apologise for any upset this advert has caused - this was by no means an intention of ours," a spokesman told the BBC.
Google unveils tighter controls on advertising after clients boycott ads over extremist content
Google has tried to soothe advertisers' woes about extremist content by making changes to its technology
M&S recruits Halfords boss to head non-Food, freeing up CEO to focus on overall group
Jill McDonald, who has been appointed to the new role of Managing Director, Clothing, Home & Beauty at M&S, will have overall profit and loss accountability for all aspects of the group’s non-Food business
Investments and investor services
FTSE 100, 250 and smallcaps all mark record highs after Fed rate hike and cap
FTSE 100 stocks ended solidly higher on Thursday after chalking a fresh record high as investors reacted to a tempered rate hike outlook in the US and relief at the defeat of the anti-immigration Freedom party in the Dutch election
McDonald's sees quarterly earnings beat forecasts, although US same-store sales decline
McDonald's reported adjusted earnings of US$1.44 per share, beating forecasts of US$1.41 per share, and up from US$1.31 a share for the same period in 2015.
US stocks end lower as Trump protectionism bites
US stocks closed lower on Monday, failing to show much upside all session as President Donald Trump demonstrated that trade protectionism would be the heart of his policy and with tech stocks dominating the downside
US stocks fall with oil prices, but Nasdaq notches another record high
US shares closed lower on Monday, dragged lower by sharply weaker oil prices, but the Nasdaq made good on forecasts of yet another record high
McDonald's off-loads bulk of its China and Hong Kong business in US$2bn deal
State-backed Chinese conglomerate CITIC and US private equity firm Carlyle Group are paying up to US$2.1bn for a 20-year partnership deal.
Trending: McDonalds serves up UK tax status
At a time when corporate Britain fears an exit by the banks to Frankfurt or Switzerland, McDonald's has decided to move its tax status in Europe from one of the founding fathers of the Treaty of Rome, Luxembourg, to the UK
US share close higher as oil gains, Dow marks record high
US shares ended higher on Monday, with investors brushing asode the outcome of the Italian referendum and instead lapping up a rally in the shares of financial and energy companies which pushed the Dow Jones Industrial Average to a fresh re
US stocks pare losses to end the session and the week flat
US stocks pared initial losses to close Friday – and the week - flat after a roller-coaster ride in an earnings season
Trending: McDonalds numbers again taxed in Luxembourg
McDonald's is but one more US company that has fallen foul of the hungry European Union exchequer and is now being pursued for alleged unpaid tax in Luxembourg after a probe by Brussels authorities next door, in the home of the French fries
McDonalds is served final bids for its North Asia restaurants
The fast food giant announced in the spring it was reorganising its Asian operations
Ackman fund takes bite of Chipotle Mexican Grill
Pershing Square Capital Management buys 9.9% of Mexican-style casual dining chain