McDonald's (MCD) Posts Q4 adj.-EPS of $1.28; Global Comps Rose 5%
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McDonald's (MCD) Reported Solid Results Driven by All-day Breakfast - Jefferies Raises PT to $115
January 26, 2016 8:19 AM ESTJefferies reiterated a Hold rating on McDonald's (NYSE: MCD), and raised the price target to $115.00 (from $110.00), following the company's 4Q earnings report. Although MCD is still in turnaround mode, the momentum regained in US is hard to ignore. Contributors included All-day breakfast... More
McDonalds (MCD) Could See Earnings Step-Up in '17 - RBC
January 26, 2016 7:15 AM ESTRBC Capital Analyst, David Palmer, slightly raised his price target on McDonald's (NYSE: MCD) after earnings beat consensus but notes that the cost savings opportunities are being held back by FX headwinds.
The 4Q results illustrate the swift pace at which McDonald's is successfully executing its turnaround plan. In the US (40% of profit),... More
Wall Street resumes 2016 slide as energy stocks tumble
January 25, 2016 7:33 AM ESTBy Lewis Krauskopf
(Reuters) - Wall Street sold off on Monday, pulled lower by further weakness in oil prices as energy shares led declines, with major indexes retreating after last week's strong gains.
Oil prices fell 6 percent on concerns of oversupply after news that Iraq's output reached a record last month.
The S&P energy group dropped 4.5 percent, the worst performing sector. Exxon (NYSE: XOM) and Chevron (NYSE: CVX) each fell more than 3 percent, while ConocoPhillips (NYSE: COP) tumbled 9.2... More
