Key Developments: McDonald's Corp (MCD.N)

MCD.N on New York Stock Exchange

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28 Jan 2015
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Latest Key Developments (Source: Significant Developments)

McDonald's Corp announces quarterly cash dividend
4:58pm EST 

McDonald's Corp:Declares a quarterly cash dividend of $0.85 per share of common stock.Payable on March 16 to shareholders of record at the close of business on March 2.  Full Article

McDonald's Corp faces worker lawsuit on franchise operator’s alleged racial, sexual discrimination - AP
Wednesday, 21 Jan 2015 07:00pm EST 

McDonald's Corp:Some McDonald’s workers who say they were fired because of their race are suing the company, accusing it of dodging responsibility for the discrimination and harassment they say they endured - The Associated Press.The workers said in a federal complaint filed that about 15 African-American employees of some southern Virginia restaurants run by Soweva Co. were fired last May after several white employees were hired.Many of those fired were told by Soweva owner Michael Simon that while they were good workers they 'didn’t fit the profile' he was trying to build for the company, according to the complaint.The employees said that McDonald’s controls nearly every aspect of how franchisees operate restaurants, but corporate officials did nothing when they were contacted about the dismissals and 'blatant racial discrimination.The workers said in the complaint that before they were fired, restaurant supervisors frequently demeaned African-American workers by using terms like 'ghetto' to describe them and by complaining that there were 'too many black people in the store.The complaint also states that female employees were inappropriately touched by a male supervisor who also sent them naked photos and offered better working conditions in exchange for sex.  Full Article

Hardcastle to invest to add 250 McDonald's Corp outlets-Business Standard
Thursday, 9 Oct 2014 06:02am EDT 

McDonald's Corp:Hardcastle Restaurants, McDonald's franchisee for West and South India operations, will invest up to 850 bln Indian Rupees to add 250 outlets of the US fast food chain within 3-5 years-Business Standard.  Full Article

McDonald's Corp declares quarterly cash dividend
Thursday, 18 Sep 2014 04:30pm EDT 

McDonald's Corp:Declares quarterly cash dividend of $0.85 per share of common stock payable on Dec. 15, 2014, to shareholders of record at the close of business on Dec. 1, 2014.Represents a 5 pct increase over previous quarterly dividend.  Full Article

McDonald's Corp updates on FY 2014 comparable sales outlook
Friday, 8 Aug 2014 07:58am EDT 

McDonald's Corp:Says as a result of the China supplier issue, the company's global comparable sales forecast for FY 2014 is now at risk.  Full Article

McDonald's Corp gives FY 2014 comparable sales outlook
Tuesday, 22 Jul 2014 07:58am EDT 

McDonald's Corp:Expects FY 2014 global comparable sales to be relatively similar to year-to-date June performance, with July global comparable sales expected to be negative.  Full Article

McDonald's Corp announces quarterly cash dividend
Thursday, 17 Jul 2014 05:30pm EDT 

McDonald's Corp:Declares quarterly cash dividend of $0.81 per share of common stock payable on Sept. 16, 2014 to shareholders of record at the close of business on Sept .02, 2014.  Full Article

McDonald's Corp announces quarterly cash dividend
Thursday, 22 May 2014 07:58am EDT 

McDonald's Corp:Declares quarterly cash dividend of $0.81 per share of common stock.Payable on June 16 to shareholders of record at the close of business on June 2.  Full Article

McDonald's Corp announces official opening of first restaurant in Vietnam
Monday, 10 Feb 2014 07:00am EST 

McDonald's Corp:Says the opening of its first restaurant in Vietnam, which also marks the 10,000th restaurant for the chain in the Asia, Pacific, Middle East, and Africa region.  Full Article

McDonald's Corp announces quarterly cash dividend
Wednesday, 29 Jan 2014 05:30pm EST 

McDonald's Corp:Says its board of directors declared a quarterly cash dividend of $0.81 per share of common stock payable on Mar. 17 to shareholders of record at the close of business on Mar. 3.  Full Article

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McDonald's CEO Don Thompson to retire

- McDonald's Corp said Chief Executive Don Thompson would retire at the end of February and be succeeded by Steve Easterbrook, the company's chief brand officer.

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