MCDONALS NEWS

McDonald's Corporation is the world's largest chain of fast-food restaurants. Although McDonald's did not invent the hamburger or fast food, its name has become nearly synonymous with both. The company began in 1940 with a restaurant opened by brothers Dick and Mac McDonald, but it was their introduction of the "Speedee Service System" in 1948 that established the principles of the fast-food restaurant. However, the company today dates its "founding" to the opening of CEO Ray Kroc's first franchised restaurant, the company's ninth, in 1955.

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Wed, 23 Jul 2008 21:25:00 GMT
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Europe, Asia beef up McDonald's
Wed, 23 Jul 2008 21:25:00 GMT
McDonald's posted a second-quarter profit that handily topped expectations on strong international sales, but its shares dipped nearly 1% after executives said costs for ingredients like beef and chicken are heading higher. In a bid to address mounting

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McDonald's swings to profit, may alter dollar menu
Wed, 23 Jul 2008 21:19:00 GMT
Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, chicken sandwiches and drinks despite the tough economy in the U.S. But the nation's No. 1 hamburger chain also warned Wednesday that

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Europe, Asia beef up McDonald's
Wed, 23 Jul 2008 21:03:00 GMT
McDonald's posted a second-quarter profit that handily topped expectations on strong international sales, but its shares dipped nearly 1% after executives said costs for ingredients like beef and chicken are heading higher. In a bid to address mounting

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McDonald's Q2 profit jumpsLow-priced menu items see restaurant chain weather economic downturn. 6:29 AM
Wed, 23 Jul 2008 20:57:00 GMT
LOS ANGELES -- McDonald's Corp posted a second-quarter profit that handily topped expectations on strong international sales, but its shares dipped nearly 1 per cent after executives said costs for ingredients like beef and chicken are heading higher. In

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McDonald's swings to profit, may alter dollar menu
Wed, 23 Jul 2008 20:52:00 GMT
Associated Press news items featured on BusinessWeek.com reside on the BusinessWeek servers for a limited amount of time. If you have encountered this File Not Found error message from accessing an AP news item, it means that the item has expired and is

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McDonald's swings to profit, may alter dollar menu
Wed, 23 Jul 2008 20:51:00 GMT
NEW YORK -- Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, chicken sandwiches and drinks despite the tough economy in the U.S. But the nation's No. 1 hamburger chain also warned

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Earnings roundup: Whirlpool 2Q profit slides 27 pct, McDonald's 2Q earnings climb on sales
Wed, 23 Jul 2008 20:43:00 GMT
(AP) - Among the earnings stories for Wednesday, July 23, from AP Financial News: Top stories: GRAND RAPIDS, Mich. (AP) ? Household appliance maker Whirlpool Corp. said Wednesday its second-quarter profit fell 27 percent because of higher material and

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Earnings roundup: Whirlpool, McDonald's
Wed, 23 Jul 2008 20:37:00 GMT
Earnings roundup: Whirlpool 2Q profit slides 27 pct, McDonald's 2Q earnings climb on sales Among the earnings stories for Wednesday, July 23, from AP Financial News: Top stories: GRAND RAPIDS, Mich. (AP) -- Household appliance maker Whirlpool Corp. said

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McDonald's weighs upping Dollar Menu prices
Wed, 23 Jul 2008 20:34:00 GMT
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Global sales help McDonald's return to profit, higher costs may lead to changes on dollar menu
Wed, 23 Jul 2008 20:33:00 GMT
NEW YORK (AP) - Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, chicken sandwiches and drinks despite the tough economy in the U.S. But the nation's No. 1 hamburger chain also warned

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McDonald's swings to profit on overseas sales, menu items
Wed, 23 Jul 2008 20:19:00 GMT
But company warnings about rising commodity prices and upward pressure on labor costs in Europe raised concerns about whether it could sustain its performance in the second half of the year. The company, in a conference call, told analysts it sees U.S.

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McDonald's swings to profit, may alter dollar menu
Wed, 23 Jul 2008 20:18:00 GMT
NEW YORK - Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, chicken sandwiches and drinks despite the tough economy in the U.S.But the nation's No. 1 hamburger chain also warned

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McDonald's swings to profit, may alter dollar menu
Wed, 23 Jul 2008 20:17:00 GMT
NEW YORK-Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, chicken sandwiches and drinks despite the tough economy in the U.S. But the nation's No. 1 hamburger chain also warned

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Global sales help McDonald's return to profit, higher costs may lead to changes on dollar menu
Wed, 23 Jul 2008 20:17:00 GMT
NEW YORK-Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, chicken sandwiches and drinks despite the tough economy in the U.S. But the No. 1 U.S. hamburger chain also warned Wednesday

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McDonald's swings to profit, may alter dollar menu
Wed, 23 Jul 2008 20:13:00 GMT
But the nation's No. 1 hamburger chain also warned Wednesday that it expects beef and chicken costs to rise substantially in the U.S. and Europe through the rest of this year, and is testing several options that may change the makeup of its popular

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Summary Box: McDonald's swings to 2Q profit
Wed, 23 Jul 2008 20:09:00 GMT
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Summary Box: McDonald's returns to profitability in 2Q profit
Wed, 23 Jul 2008 19:58:00 GMT
KEY RESULTS: McDonald's Corp. swung to a second-quarter profit, helped by strong worldwide sales and a gain from selling its stake in sandwich chain Pret A Manger. Revenue rose 4 percent overall.SAME-STORE SALES: Sales at stores open at least a year rose

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Summary Box: McDonald's swings to 2Q profit
Wed, 23 Jul 2008 19:34:00 GMT
KEY RESULTS: McDonald's Corp. swung to a second-quarter profit, helped by strong worldwide sales and a gain from selling its stake in sandwich chain Pret A Manger. Revenue rose 4 percent overall. SAME-STORE SALES: Sales at stores open at least a year

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Costco, AT&T, McDonald's, WaMu, Fannie big movers
Wed, 23 Jul 2008 19:30:00 GMT
NEW YORKStocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:NYSEAT&T Inc., up $1.73 at $33.55The telecommunications company met adjusted second-quarter profit estimates, quelling some

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Summary Box: McDonald's Swings to 2Q Profit
Wed, 23 Jul 2008 19:29:00 GMT
KEY RESULTS: McDonald's Corp. swung to a second-quarter profit, helped by strong worldwide sales and a gain from selling its stake in sandwich chain Pret A Manger. Revenue rose 4 percent overall. SAME-STORE SALES: Sales at stores open at least a year

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Summary Box: McDonald's swings to 2Q profit
Wed, 23 Jul 2008 19:20:00 GMT
KEY RESULTS: McDonald's Corp. swung to a second-quarter profit, helped by strong worldwide sales and a gain from selling its stake in sandwich chain Pret A Manger. Revenue rose 4 percent overall. SAME-STORE SALES: Sales at stores open at least a year

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Strong global sales help McDonald's swing to 2nd-quarter profit, costs expected to rise
Wed, 23 Jul 2008 19:14:00 GMT
NEW YORK (AP) - Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, new chicken sandwiches and drinks despite the tough economy in the U.S. The results Wednesday appeared to ease some

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Summary Box: McDonald's returns to profitability in 2Q profit
Wed, 23 Jul 2008 19:08:00 GMT
KEY RESULTS: McDonald's Corp. swung to a second-quarter profit, helped by strong worldwide sales and a gain from selling its stake in sandwich chain Pret A Manger. Revenue rose 4 percent overall. SAME-STORE SALES: Sales at stores open at least a year

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MCDONALDS CORP EPS Estimated At 3.39: Current Recommendation is Overweight
Wed, 23 Jul 2008 19:06:00 GMT
Company: MCDONALDS CORP Report Headline: 'McDonald's:MCD Results Likely to Provide A Relative Safe Haven, but Significant' Report Date: July 21, 2008 Current FY EPS Estimate [FY2008]: 3.39 Previous EPS Estimate for Current FY

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Summary Box: McDonald's swings to 2Q profit
Wed, 23 Jul 2008 18:58:00 GMT
KEY RESULTS: McDonald's Corp. swung to a second-quarter profit, helped by strong worldwide sales and a gain from selling its stake in sandwich chain Pret A Manger. Revenue rose 4 percent overall. SAME-STORE SALES: Sales at stores open at least a year

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US economy: Americans back off bottled water but still spend money on McDonald's
Wed, 23 Jul 2008 18:56:00 GMT
Worrying economic times are prompting Americans to cut back on bottled drinks in favour of sipping free-of-charge tap water - but they can still find the money for Big Macs, beer and chocolate. A mixed bag of corporate earnings reports on Wall Street

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Summary Box: McDonald's returns to profitability in 2Q profit
Wed, 23 Jul 2008 18:53:00 GMT
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McDonald's heaps up healthy profit
Wed, 23 Jul 2008 18:41:00 GMT
Fast-food giant McDonald's posted Wednesday better-than-expected profit in the second quarter on robust international sales despite rising commodity prices. The company reported second-quarter net profit of 1.19 billion dollars, or 1.4 dollars per

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Strong global sales help McDonald's swing to 2nd-quarter profit, costs expected to rise
Wed, 23 Jul 2008 18:28:00 GMT
NEW YORK (AP) _ Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, new chicken sandwiches and drinks despite the tough economy in the U.S.The results Wednesday appeared to ease some

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Overseas sales boost McDonald's
Wed, 23 Jul 2008 18:11:00 GMT
Fast-food group McDonald's reports higher-than-expected quarterly profits, helped by solid overseas sales

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