Benzinga’s Updates (TSO, MCD)

Tesoro Corporation (NYSE: TSO) rose 1.86 at $14.23 after reporting its third quarter earnings of $33 million versus $259 million in the year ago period. Revenue declined to $4.74 billion versus $8.68 billion reported last year. Tesoro is also scheduled to pay on December 15, 2009, a quarterly dividend of $0.05 a share. Analysts on an average expected Tesoro to break even on its earnings per share.

McDonald's Corporation (NYSE: MCD) surged up 0.65% at $62.12 after the same-store sales increased by 3.3% in October. However, the sales declined by 0.1% in the U.S. McDonald’s also expect a decline in sales in the U.S. due to an increase in price.