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UPDATE: Credit Suisse Reduces PT to $90 on McDonald on Share Slippage Indication
Monday, June 11, 2012 - 10:20am | 98Credit Suisse reiterates its Hold rating on McDonald's (NYSE: MCD) and cuts its price target from $99 to $90 as sale softness continues into summer. Credit Suisse comments, "May SSS of +3.3% vs. cons 4.9% with misses across all regions. US SSS +4.4% vs. cons +5.5% & APMEA fell -1.7% vs. cons...
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J.P. Morgan: "Modest Downside" on McDonald's Could Allow Agressive Entry
Friday, June 8, 2012 - 4:31pm | 142J.P. Morgan maintained its McDonald's (NYSE: MCD) $96 price target in a research report on the company published today. J.P. Morgan has an Overweight rating on the company - with a stock ranking of #2 in global QSR, with reference to its #1-ranked Starbucks (NASDAQ: SBUX) and #3-ranked Yum Brands (...
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From Earlier: Bank of America Lowers McDonald's PO
Friday, June 8, 2012 - 2:08pm | 104Bank of America Merrill Lynch lowered its McDonald's (NYSE: MCD) price objective from $107 to $103 in a research report published today. Bank of America Merrill Lynch has a Buy rating on the company. In the report, Bank of America Merrill Lynch stated, "The company continues to gain share in key U...
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McDonald's is Not Immune to Europe's Economic Plague
Friday, June 8, 2012 - 11:57am | 338Automotive companies are not the only American-based businesses feeling the pressure of gloomy European financial times. The food industry has also begun to report international sales misses, with McDonald's (NYSE: MCD) heading up the dismal earnings this morning. With a global rise of only 3.3%...
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Piper Jaffray Maintains McDonald's Overweight, $95 PT
Friday, June 8, 2012 - 11:16am | 86Piper Jaffray maintained its McDonald's (NYSE: MCD) Overweight rating and $95 price target in a research report published today. In the report, Piper Jaffray stated, "McDonald's reported positive May results in the U.S. segment, albeit a touch lighter than expected. Separately, results were mixed...
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Social Media Outlook for Friday June 8 (FEIC, BRLI, MW, BBY)
Friday, June 8, 2012 - 11:13am | 433In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis. Provided by Social Market Analytics, here is the social media...
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US Stock Futures Down Ahead Of Economic Data
Friday, June 8, 2012 - 6:26am | 254US stock futures are lower this morning. Futures for the Dow Jones Industrial Average dipped 31 points to 12,375.00 and S&P 500 index futures fell 3.70 points to 1,306.30. Nasdaq 100 futures dropped 6.75 points to 2,523.75. US stocks closed mixed on Thursday, with the Dow Jones Industrial...
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Stocks To Watch For June 8
Friday, June 8, 2012 - 1:06am | 155Some of the stocks that may grab investor focus today are: Piedmont Natural Gas Co (NYSE: PNY) reported a 6% rise in its profit in the fiscal second quarter. PNY shares rose 0.25% to $31.69 in after-hours trading. Analysts expect KMG Chemicals Inc (NASDAQ: KMGB) to report its FQ3 earnings at $0....
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UPDATE: Deutsche Bank Reduces PT to $100 on McDonald's Corporation on Near Term Margin Pressures in Europe
Monday, June 4, 2012 - 7:27am | 89Deutsche Bank reiterates its Buy rating on McDonald's Corporation (NYSE: MCD) and reduces its price target from $108 to $100. Deutsche Bank comments, "On 5/31, CEO-elect Don Thompson and COO-elect Tim Fenton hosted a Q&A session for analysts. In Europe, mgmt. reiterated that increased media...
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Credit Suisse Focus List 5/30/2012
Friday, June 1, 2012 - 2:24pm | 292Credit Suisse released its updated Focus List, and here are the component stocks: Consumer: CVS Caremark (NYSE: CVS), McDonald's Corp (NYSE: MCD), Penn National Gaming (NASDAQ: PENN), Procter and Gamble (NYSE: PG), Smithfield Foods (NYSE: SFD), and Time Warner Inc (NYSE: TWC). Energy: Apache Corp (...
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UPDATE: JP Morgan Lowers PT to $96 on McDonald's; Tweaks Down Estimates
Friday, June 1, 2012 - 11:34am | 154Jefferies reiterates its Overweight rating on McDonald's (NYSE: MCD) but lowers its price target from $106 to $96 as shares appear more attractive in the mid-$80s. Jefferies notes, "We receive many inquiries daily whether now is the level where McDonalds is a “must buy”. We think the...
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UPDATE: Goldman Sachs Reiterates Buy Rating, Lowers PT for McDonald's
Friday, June 1, 2012 - 11:24am | 255In a company update published earlier today, the Goldman Sachs Group, Inc. reiterated its Buy rating for McDonald's Corporation (NYSE: MCD), but lowered its price target from $105.00 to $100.00, related to a recent meeting with Don Thompson and Tim Fenton, MCD's CEO and COO designates, respectively...
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Papa John's, US Airways and Other Top Performers in May
Friday, June 1, 2012 - 7:12am | 974Here is a quick look at some of the top-performing service sector stocks in May. These companies all have a market cap of more than $500 million and their share prices are all more than 15% higher than 30 days ago. AFC Enterprises (NASDAQ: AFCE) shares are trading more than 45% higher year to date...
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McDonald's USA Outlines 10-Year Plan for Ending Gestation Stall Use
Thursday, May 31, 2012 - 4:14pm | 177McDonald's USA (NYSE: MCD) shared its ten-year plan to work with its pork suppliers to phase out the use of gestation stalls in its U.S. pork supply. In February, McDonald's USA announced its commitment to work with its pork suppliers to assess the current state of sow housing and to develop next...
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Dunkin' Brands Edges into Asia
Wednesday, May 30, 2012 - 8:12am | 427It was revealed on Wednesday that Dunkin' Brands (NASDAQ: DNKN) is attempting to move heavily into emerging markets like India in an attempt to make up for slow growth back home. CEO Nigel Travis said on Wednesday, speaking from New Delhi, that, "Emerging markets are attractive because they are...