News Summary (MCD, SYY, UAL)

McDonald's Corp MCD reported a rise of 6.5% in its global comparable store sales in October. The company's US comparable store sales increased 5.6% y/y. MCD's Europe sales increased 5.8%. Sysco Corp SYY reported a drop of 8% in its Q1 net income. The company's net income came in at $0.51 per share, down from $0.55 per share, in the year-ago quarter. The company's sales increased 7.4% y/y to $9.8 billion. However, the Wall Street analysts were expecting earnings at $0.57 per share, on $9.8 billion in revenue. Sysco said, "While our overall sales increase and operating expense management were encouraging, we missed our goal for operating income growth, largely due to a decline in gross profit margin and higher pension costs." United Continental Holdings Inc UAL reported an increase of 5.9% in its combined October traffic. The company's October traffic came in at more than 17.93 billion revenue passenger miles, up from 16.93 billion revenue passenger miles, in the year-ago period. UAL's October load factor increased to 83.5%, up from 82.8%, in the year-ago period. Read more from Benzinga's Markets.