Edition:
United States

McDonald's Corp (MCD)

MCD on New York Consolidated

140.84USD
26 Apr 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$140.84
Open
--
Day's High
--
Day's Low
--
Volume
2,605
Avg. Vol
3,767,813
52-wk High
$142.00
52-wk Low
$110.33

Latest Key Developments (Source: Significant Developments)

Nintendo says partnering with Mcdonald's to bring some of its characters to happy meals
Wednesday, 26 Apr 2017 08:00am EDT 

April 26 (Reuters) - Nintendo Co Ltd <7974.T>::Nintendo says is partnering with mcdonald's to bring some of its characters to happy meals.  Full Article

Mcdonald's says expects net restaurant additions to add approximately 1 pct point to 2017 systemwide sales growth
Tuesday, 25 Apr 2017 08:00am EDT 

April 25 (Reuters) - Mcdonald's Corp :Mcdonald's - expects net restaurant additions to add approximately 1 percentage point to 2017 systemwide sales growth (in constant currencies).Mcdonald's - expects capital expenditures for 2017 to be approximately $1.7 billion, about one-third of which will be used to open new restaurants.  Full Article

Mcdonald's director John Mulligan reports open market purchase of 1,600 shares of co's common stock at average price of $128.94/share on March 22
Friday, 24 Mar 2017 05:42pm EDT 

Mcdonald's Corp :Mcdonald's - Director John Mulligan reports open market purchase of 1,600 shares of co's common stock at average price of $128.94/share on March 22.  Full Article

Mcdonald's expects capital expenditures for 2017 to be about $1.7 bln
Wednesday, 1 Mar 2017 12:25pm EST 

Mcdonald's Corp : Mcdonald's - expects capital expenditures for 2017 to be approximately $1.7 billion, about one-third of which will be used to open new restaurants .Mcdonald's-Expects capital expenditures to decline by about $500 million from 2017 level of $1.7 billion, once u.s. Restaurant modernization work completed.  Full Article

McDonald's says initiating new 3-year target for cash return to shareholders
Wednesday, 1 Mar 2017 12:15pm EST 

McDonald's : McDonald's unveils new global growth plan . Initiating a new 3-year target for cash return to shareholders . Aannounced a new $22 to $24 billion cash return target for 3-year period ending 2019 . Establishing new financial targets for sales, operating margin, earnings per share and return on incremental invested capital . In 2016 , China's delivery business grew 30% . Company is on track to refranchise 4,000 restaurants by end of 2017, a full year ahead of schedule . McDonald's says in near-term, Mcdonald's is redirecting a portion of capital saved from refranchising to modernizing U.S. Estate . In near-term, Mcdonald's is redirecting a portion of capital saved from refranchising to modernizing U.S. Estate . McDonald's says company plans to reimage about 650 restaurants in 2017 . Achieved more than $200 million in savings through end of 2016 towards its goal of reducing net G&A levels by $500 million by end of 2018 . Intends to have most of traditional free-standing U.S. Restaurants modernized by end of 2020 . Sees long-term systemwide sales growth of 3% to 5% beginning in 2019 . Expects to trim another 5% to 10% net G&A levels from its remaining cost base by end of 2019 . McDonald's says for beginning in 2019 expects to grow operating margin from high-20% range to mid-40% range.  Full Article

McDonald's sells its Nordic restaurants to chairman of Terra Firma - NYT
Friday, 27 Jan 2017 05:02am EST 

:McDonald's sells its Nordic restaurants to Guy Hands, chairman of Terra Firma - NYT.  Full Article

McDonald's announces quarterly cash dividend
Thursday, 26 Jan 2017 04:30pm EST 

McDonald's : McDonald's announces quarterly cash dividend .Sets quarterly cash dividend of $0.94 per share.  Full Article

Affine has signed a lease agreement with Mcdonald's in Bordeaux
Thursday, 22 Dec 2016 12:46pm EST 

Affine Re SA :Affine has signed a lease agreement with Mcdonald's for operating of a 335 square meter restaurant in its shopping mall Quai des Marques in center of Bordeaux.  Full Article

McDonald's says is creating a new integrated international holding co structure
Thursday, 8 Dec 2016 10:25am EST 

McDonald's Corp : Creating a new integrated international holding company structure as part of its recent business re-organisation . New international holding company structure will be located in the UK and domiciled in the UK for tax purposes . Changes will result in the creation of a unified structure located in the United Kingdom . The new change will result in the closure of the company’s operations in Geneva . Co's office in Luxembourg to retain responsibility for luxembourg restaurants but other functions will transfer to new UK-based holding co Further company coverage: [MCD.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Mcdonald's gets new developmental licensee for Malaysia and Singapore units
Friday, 2 Dec 2016 08:00am EST 

Mcdonald's Corp: Mcdonald's Corporation announces new developmental licensee for its business in Malaysia and Singapore . Mcdonald's - financial terms of transaction were not disclosed .Mcdonald's- New DL assumed ownership of Co's business in Malaysia, Singapore which includes total of 390 restaurants, more than 80% of which were co-owned.  Full Article

More From Around the Web

Photo

McDonald's drops plan to sell shares in Japan unit

TOKYO McDonald's Corp has put on hold plans to sell shares in its Japan unit, which recently returned to profit for the first time in three years after a series of food scandals shook consumer confidence in the chain.