Friday, April 13, 2007

McDonald's stock at 7-year high on upbeat forecast

(Reuters) - The news pushed shares of the world's largest restaurant company up 2 percent to a more than seven-year high.

McDonald's said it expects to report first-quarter earnings of about 62 cents per share, while analysts on average had forecast 57 cents, according to Reuters Estimates.


Read more at Reuters.com Market News

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