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Bank of America: McDonald's Shares Traded Down, Despite Strong Earnings
Wednesday, January 25, 2012 - 10:28am | 106According to a research report published today by Bank of America, McDonald's (NYSE: MCD) shares trading down reflect a “sell on the news” reaction to a good quarter. “McDonald's 4Q EPS totaled $1.33, easily exceeding our $1.26 estimate and consensus of $1.29. Strong December sales and higher U.S...
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Oppenheimer Downgrades McDonald's to Perform
Wednesday, January 25, 2012 - 8:16am | 24Oppenheimer has downgraded McDonald's (NYSE: MCD) from Outperform to Perform and has removed its $100 price target.
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UPDATE: Credit Suisse Raises PT to $111 on McDonald's, Maintains Outperform
Wednesday, January 25, 2012 - 8:14am | 129Credit Suisse reiterates its Outperform rating on McDonald's (NYSE: MCD) and raises its price target to $111 from $106 a share following fourth quarter results and an outlook that looks solid into 2012. Credit Suisse comments, " Don't read too much into slower US remodels in 2012: MCD completed...
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Sterne Agee Raises PT on McDonald's to $109
Wednesday, January 25, 2012 - 7:52am | 26Sterne Agee has raised the price target on McDonald's (NYSE: MCD) from $106 to $109 and maintains its Buy rating.
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Why McDonald's Earnings Don't Matter That Much
Tuesday, January 24, 2012 - 12:11pm | 568McDonald's (NYSE: MCD) stock fell over 1.5% in early morning trading as investors awaited earnings results from the fast food giant. Now that the company has released its earnings results, that momentum may begin to change thanks to growth in net income and revenue. The company's earnings rose to $...
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Earnings Roundup
Tuesday, January 24, 2012 - 11:01am | 1553Johnson & Johnson (NYSE: JNJ) reported an 89% drop in its fourth-quarter net income. Johnson & Johnson's quarterly earnings declined to $218 million, or $0.08 per share, from $1.94 billion, or $0.70 per share, in the year-ago quarter. Excluding special items, Johnson & Johnson's...
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Goldman Sachs Comments on McDonald's Quarterly SSS Accelerating to Highest Level Since 2004
Tuesday, January 24, 2012 - 10:54am | 77In a research report published today, Goldman Sachs views McDonald's Corp. (NYSE: MCD) 4Q11 results as exceptionally strong. In the report, Goldman Sachs commented, “We expect the shares to trade higher on the news. The results were robust in every way, and we expect the magnitude of the beat...
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UPDATE: McDonald's Q4 Net Income Surges 11%
Tuesday, January 24, 2012 - 9:34am | 70McDonald's Corp (NYSE: MCD) reported an 11% rise in its fourth-quarter net income. McDonald's quarterly earnings climbed to $1.38 billion, or $1.33 per share, from $1.24 billion, or $1.16 per share, in the year-ago period. Its revenue gained to $6.82 billion from $6.21 billion. However, analysts...
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US Stock Futures Down; McDonald's, Johnson & Johnson In Focus
Tuesday, January 24, 2012 - 7:37am | 443US stock futures are lower this morning, as investors are awaiting quarterly earnings. Futures for the Dow Jones Industrial Average dropped 43 points to 12,607.00 and S&P 500 index futures fell 6.60 points to 1,304.50. Nasdaq 100 futures declined 8.50 points to 2,426.50. US stocks closed...
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Earnings Scheduled For January 24
Tuesday, January 24, 2012 - 7:03am | 397DuPont (NYSE: DD) is expected to report its Q4 earnings at $0.33 per share on revenue of $8.52 billion. McDonald's Corp (NYSE: MCD) is projected to report its Q4 earnings at $1.30 per share on sales of $6.81 billion. Yahoo! Inc (NASDAQ: YHOO) is expected to post its Q4 EPS at $0.24 on revenue of...
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Stocks To Watch For January 24
Tuesday, January 24, 2012 - 6:46am | 185Some of the stocks that may grab investor focus today are: Wall Street expects McDonald's Corp (NYSE: MCD) to report its Q4 earnings at $1.30 per share on sales of $6.81 billion. MCD shares fell 0.78% to close at $100.95 yesterday. Texas Instruments Incorporated (NASDAQ: TXN) reported upbeat...
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Earnings Expectations for the Week of January 23
Sunday, January 22, 2012 - 3:13pm | 1531The earnings crunch rolls on this week. Among those scheduled to step into the spotlight are Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT), Chevron (NYSE: CVX), McDonald's (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Analysts expect them post year-over-year earnings growth. AT&T (NYSE: T), Boeing...
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Earnings Recap: Financials in the Spotlight
Friday, January 20, 2012 - 4:03pm | 1016This week was a busy one for the banking sector, as many giants posted earnings that caused greater investor interest in the industry and a new streak of optimism for the future of banking. With one exception, earnings releases resulted in bullish runs, no matter whether a gain or lass was...
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Nathan's Famous Announces Final Results of Its Modified Dutch Tender Offer; 500K Shares at $20-22/Share
Thursday, January 19, 2012 - 5:31pm | 218Nathan's Famous, Inc. (NASDAQ: NATH) announced today the final results of its modified Dutch Auction tender offer to purchase for cash up to 500,000 shares of its common stock, $0.01 par value, at a price per share of not less than $20.00 nor greater than $22.00 per share. The tender offer expired...
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Data Suggests Strong Core Business Trends for Piper Jaffray's McDonald's in December
Wednesday, January 18, 2012 - 9:52am | 143Piper Jaffray has published a research report that shows RS metrics satellite data indicating increased lunch time traffic for McDonald's Corporation (NYSE: MCD) throughout December. In the report, Piper Jaffray writes, “Upon conclusion of our proprietary December traffic analysis we are...