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UPDATE: McDonald's CEO Jim Skinner to Retire; Board Elects Don Thompson as Successor
Thursday, March 22, 2012 - 6:54am | 61McDonald's Corporation (NYSE: MCD) yesterday announced that Vice Chairman and Chief Executive Officer Jim Skinner has informed the Board of Directors of his decision to retire after 41 years with the Company, effective June 30, 2012. McDonald's Board of Directors elected current President and Chief...
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McDonald's Chief Executive Jim Skinner To Retire
Thursday, March 22, 2012 - 5:37am | 51McDonald's Corp (NYSE: MCD) reported that its Chief Executive Jim Skinner will retire later this year. Skinner, age 67, was appointed McDonald's CEO in 2004. McDonald's President and Chief Operating Officer Don Thompson will succeed Skinner as CEO. McDonald's shares dropped 0.23% to $96.50 in pre...
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Caterpillar, Discover Financial and Other Illinois Primary Stock Picks
Tuesday, March 20, 2012 - 6:42am | 1149Today, Illinois holds its Republican Primary, as the candidates hope to add to their delegate counts. Polls show a close race between frontrunners Mitt Romney and Rick Santorum. While the focus is on Illinois, let's have a look at the stocks of some of the many corporations headquartered in the...
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4 ETFs For Rising Auto Sales (VROM, XLY, IWS)
Tuesday, March 13, 2012 - 2:53pm | 614U.S. retail sales rose 1.1% in February and, no pun intended, it was auto sales that drove the overall number higher. Last month, auto sales climbed 1.6% from January and surged almost 7% from February 2011. What's important about auto sales figures is that the numbers only measure cars sold to...
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ETFs For Access to $100+ Stocks (AAPL, XLK, SKYY)
Monday, March 12, 2012 - 11:56am | 725Ah yes, triple-digit stocks. So alluring and yet so off limits to many investors. It's an unfortunate reality that has been highlighted many times during Apple's (Nasdaq: AAPL) amazing run. A stock trading over $100 is prohibitive to a many ordinary investors. Go over $400, $500 and above and the...
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ETFs For March Madness (VT, BJK, GLTR)
Sunday, March 11, 2012 - 11:04pm | 699March brings lions, lambs, ides and an entire day devoted to the consumption of adult beverages. It also brings March Madness, also known as the NCAA Basketball Tournament. The 68-team field was announced Sunday and Tuesday will bring the first game. March Madness is big business for advertisers...
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Citi: McDonald's Initially Underwhelms with SSS in February
Thursday, March 8, 2012 - 12:23pm | 164In a research report published earlier today by Citi, McDonald's Corp.'s (NYSE: MCD) trends in Europe and APMEA were sluggish in comparison to the U.S. Citi commented in the report, “MCD Europe reported Feb SSS of +4% vs. +4% in Jan and the FC est. of +6.8%. Notably, weather may have had a neg...
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McDonald's Stumbles after Disappointing February Comp Sales
Thursday, March 8, 2012 - 10:14am | 204Shares of McDonald's (NYSE: MCD) are seeing some pressure this morning after the company announced February global comparable sales, which did not live up to analyst expectations. The Golden Arches announced global comparable sales growth of 7.5% in February. Systemwide sales for the month...
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McDonald's Expanding Value Menu
Thursday, March 8, 2012 - 9:06am | 473It was revealed on Thursday that McDonald's (NYSE: MCD) is aiming to add more value to the value menu by tweaking and expanding the items on it. According to the Chicago Tribune, the fast food giant is aiming to attract customers to the value menu during this tough economic climate by freshening...
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American Express Teaming Up With Twitter
Wednesday, March 7, 2012 - 9:27am | 449American Express (NYSE: AXP) and Twitter have announced that the two companies have teamed up to offer American Express cardholders discounts when they use their Twitter accounts to send tweets that include special merchant hashtags. American Express cardholders can sync their cards with their...
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Stocks Ease Off Lows; Sourcefire Cools Off
Tuesday, March 6, 2012 - 1:58pm | 115Stocks pared some losses near Tuesday's halftime after selling off on rekindled worries over Greece. The Nasdaq dropped 1.3% and the S&P 500 lost 1.4%. They were down as much as 1.7% and 1.5%, respectively. Meanwhile, the Dow Jones industrial average fell 1.3%, with 27 of 30 issues lower....
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UPDATE: Sterne Agee Raises McDonald's PT
Tuesday, March 6, 2012 - 10:02am | 133According to a research report published today, Sterne Agee has increased McDonald's Corporation's (NYSE: MCD) PT from $109 to $112. In the report, Sterne Agee said, “Given our channel checks, favorable domestic weather in February and meaningful trade day shifts, we are raising our 1Q12 EPS...
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Tim Hortons Is Winning the Doughnut Wars
Friday, February 24, 2012 - 12:58pm | 781By Steve Smith Comparing Tim Hortons to some of its better-known competitors, such as Dunkin' Donuts, Starbucks, and McDonald's, it is simply much cheaper and offers greater growth opportunity. Tim Hortons (THI), the Canada-based coffee and casual fare retail chain, reported stellar earnings...
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Five ETFs For NASCAR Season (XLP, DIA, VROM)
Friday, February 17, 2012 - 7:06pm | 689It may seem like only a few months ago that NASCAR season, one of the most thrilling ever in fact, concluded, but every February brings about the dawn of a new season of America's most corporate sport. The Bud Shootout kicks off the season on Saturday and the Daytona 500, the Great American Race,...
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iPhone Dying in Which Nation?
Friday, February 17, 2012 - 10:03am | 765The world's fastest-growing phone isn't thriving in every nation. Last year we learned that European consumers were abandoning the Apple device for cheaper alternatives. Now Reuters reports that the iPhone is beginning to lose traction in China as well. This is a bit shocking considering the...