McDonald's (MCD) PT Maintained at $194 at Longbow Research on U.S. Franchisee Surveys; 'Fresh Beef Lift Accelerating'
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Cowen Reiterates Outperform on McDonald's (MCD)
September 25, 2018 7:24 AM EDTCowen analyst, Andrew Charles, reiterated an Outperform rating and $190.00 price target on McDonald's (NYSE: MCD). Charles views the company as well positioned to gain share, and is comfortable in the 2H18 and 2019 U.S. comp estimates that broadly match consensus.
However,... More
McDonald's (MCD) Raises Quarterly Dividend 14.9% to $1.16; 2.9% Yield
September 21, 2018 6:40 AM EDTMcDonald's (NYSE: MCD) declared a quarterly dividend of $1.16 per share, or $4.64 annualized. This is a 14.9% increase from the prior dividend of $1.01.
The dividend will be payable on December 17, 2018, to stockholders of record on December 3, 2018, with an ex-dividend date of November 30, 2018.
The annual... More
EU says McDonald's, Luxembourg tax deal not illegal
September 19, 2018 5:55 AM EDT(This September 19 story corrects to read Gracia, paragraph 13)
By Foo Yun Chee
BRUSSELS (Reuters) - McDonald's (NYSE: MCD) avoided having to repay millions of euros in back taxes after EU antitrust regulators said that its tax deal with Luxembourg was not illegal, citing quirks in the Grand Duchy's bilateral tax treaty with the United States.
The decision by the European Commission came after a three-year long investigation, part of its crackdown on illegal sweetheart deals between EU governments and multinationals that has resulted in Apple (NASDAQ:... More
