McDonald's (MCD) Tops Q3 EPS by 1c; China, Japan Still Challenging Markets
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McDonald's (MCD) Price Target Reduced at Wells Fargo
October 21, 2013 3:25 PM EDTWells Fargo maintained an Outperform rating on McDonald's (NYSE: MCD) and lowered its price target to $102-$106 (from $105-$110). Well Fargo's 2013 EPS estimate for McDonald's was lowered to $5.55 from $5.58 and 2014 to $5.97 from $6.15. The change follows Q3 results that failed to impress.
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McDonald's (MCD) Sees Higher Commodity Costs in Q4; China in 'Credit Crunch' Environment
October 21, 2013 12:08 PM EDTMcDonald's (NYSE: MCD) is lower Monday following Q3 results reported earlier. The following commentary was made by CEO Don Thompson during the company's conference call today (not verbatim):Menu prices have been raised three times this year, for a total of roughly 2.6... More
