Showing posts with label McDonald's. Show all posts
Showing posts with label McDonald's. Show all posts

Tuesday, July 24, 2007

McDonald's posts loss on Latin America charge

(Reuters) - Excluding the Latin America charge, McDonald's earned 71 cents a share, in line with the better-than-expected forecast the fast-food chain gave last week.




In April, McDonald's said it would sell about 1,600 restaurants in Latin America and the Caribbean to a franchisee so it could focus resources on markets where it sees the biggest opportunities for growth, such as China.


Read more at Reuters.com Market News

US stock futures seen mixed, earnings in focus

(Reuters) - The Indicative Dow Jones industrial average , which
tracks the 30 index blue chips as they are traded on the
Deutsche Boerse's electronic trading platform, XETRA, and
translates the prices into dollars, was 0.19 percent lower.




Earnings reports are due from companies including online
retailer Amazon.com Inc. , drugmaker Eli Lilly & Co.
and hamburger chain McDonald's Corp. .


Read more at Reuters.com Bonds News