McDonald's (MCD) Raises Quarterly Dividend 14.9% to $1.16; 2.9% Yield
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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) PT Maintained at $194 at Longbow Research on U.S. Franchisee Surveys; 'Fresh Beef Lift Accelerating'
September 21, 2018 6:19 AM EDTLongbow Research analyst Alton Stump maintained the price target on McDonald's (NYSE: MCD) at $194.00 while maintaining a Buy rating, following recent conversations with U.S. franchisees.
Analyst Stump notes a positive outlook on MCD shares, as conversations with U.S. franchises point to improved... 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
