Reuters - Video

Edition: U.S. | U.K. | IN | CN

Top News

3XSQ: McDonald's sales fall, first time in 9 years

Thursday, November 08, 2012 - 04:08

Nov 8 - McDonald's reported a 1.8 percent drop in October sales at established restaurants around the world, its first monthly same-store sales drop since March 2003.

▲ Hide Transcript

View Transcript

Ahead McDonald -- real thing and a whole new meaning of plastic bag. Later in the show. Welcome to three Times Square this Thursday from Reuters world headquarters in New York. This suffering continues at McDonald's. Our daily did hit minus one point 8% the decline in sales at established restaurants in October. That's the worst in more than nine years and comes just weeks after posted its worst quarterly sales figures since 2003. The Dow component not getting any help from the US where sales -- at twice the expected rate. European sales fell more than triple the predicted rate. Taking the shares right now McDonald's down about a half percent and Wendy's. Up almost 5% it posted a profit that missed expectations. However. The suffering continuing for residents and businesses in the northeast after superstar sandy and the nor'easter that dumped snow on the area last night. Hundreds of thousands still without power many lost homes in his questions like cars that that it definitely is. The storm could send more than more than a quarter of a million cars to the scrap heap. It could provide a boost auto makers at some point for now business is still dealing with the cost. That includes whole foods which reported -- profit that met expectations but said sales have declined this quarter due to sandy. The storm forcing closure of some locations and lowering store traffic shares down in early trading. Looking for a way to -- Thanksgiving family dysfunction. Had to Wal-Mart. Black Friday is now black Thursday as the retailer will be opening its doors at 8 PM Thanksgiving Day. What's more -- -- a line between 10:11 PM on Thanksgiving. Are guaranteed access to three items an iPad two and Emerson LCD TV and LG Blu-ray player. But maybe should head over to target first -- those items are worth buying beginning this week. Target is posting reviews of electronic gadgets from the website CNET in its aisles. Buying seems to be more -- vaginal Wall Street today after Wednesday's sell off taking the Dow NASDAQ S&P right now we've got some green arrows. Our power player of the day -- ECB chief -- Mario Draghi the central banker commenting on the European debt was after the bank kept rates on hold. Our Nigel Stephenson in London is watching the news conference -- with politeness. I don't -- -- CS no surprise that the ECB held rates at no point 75% in Frankfurt just over an hour ago. I did faring any cuts while they assess the Euro -- slow down. Also waiting for -- to use this new bond buying program. In other words until Spain off to help the ECB will not provide it. As you just mentioned markets up but as much up on the US jobless state that as anything else but ECB president Mario Draghi speaking and Frankfurt as as we speak now but things kind of enough to increased last night. A 100000. People protested outside the government buildings. As they voted by a razor thin margin to approve more austerity measures needed to avert bankruptcy. The bill covering thirteen and I'll billion euros let the belt tightening measures is a pre cast at the 2013. Budget goal which the government. Is expected to push through on Sunday so it is definitely not over yet they. Thanks Nigel from London and finally -- project in -- unknown as is that key or use me again. Is curbing pollution on the street and producing unique fashion accessories out of the hazardous waste. Plastic bags -- in the street most from mineral water consumed by locals. Are being collected washed laid out the sun to dry and stitched together for rather sporting looking handbag. With no official policy on handling plastic waste the votes and though are doing fashion forward. That is the latest three Times Square this Thursday follow us on Twitter at Reuters Insider in check out partly due to channel at Reuters dot com slash -- TV. I'm Lisa Bernhard this is Reuters.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

3XSQ: McDonald's sales fall, first time in 9 years

Thursday, November 08, 2012 - 04:08

Most Popular »

Retirement »

Investing 201 »

Bond investors brace for the end of Fed stimulus Bond investors brace for the end of Fed...

Fri, Oct 10, 2014 - (4:03)

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

The better bond funds The better bond funds

Wed, Aug 07, 2013 - (2:40)

Best bargain in 40 years? European stocks Best bargain in 40 years? European stocks

Thu, Aug 01, 2013 - (2:24)

Invest like an activist Invest like an activist

Fri, Jul 26, 2013 - (2:49)

Why bruised Brazil is a buy Why bruised Brazil is a buy

Fri, Jul 19, 2013 - (2:48)

3 ways to fix your bond portfolio 3 ways to fix your bond portfolio

Thu, Jul 11, 2013 - (3:10)

The next gold? Diamonds lure investors The next gold? Diamonds lure investors

Wed, Jul 03, 2013 - (2:38)

How to play the Fed’s tapering timeline How to play the Fed’s tapering timeline

Thu, Jun 20, 2013 - (2:34)

How to play banker on the web How to play banker on the web

Tue, Jun 11, 2013 - (2:57)

3 surprises about the 2013 stock rally 3 surprises about the 2013 stock rally

Fri, May 24, 2013 - (2:11)

How to cash in on lawsuits - Investing 201 How to cash in on lawsuits - Investing 201

Tue, Apr 30, 2013 - (2:30)

Rising dollar will drive stocks higher Rising dollar will drive stocks higher

Wed, Apr 10, 2013 - (2:32)

A little-known path to big dividends - Investing 201 A little-known path to big dividends -...

Thu, Apr 04, 2013 - (3:16)

What exactly does Warren Buffett own? - Investing 201 What exactly does Warren Buffett own? -...

Thu, Feb 14, 2013 - (0:51)

Big short bets: Where are they now? - Investing 201 Big short bets: Where are they now? -...

Fri, Dec 21, 2012 - (2:33)

Money Clip »

How to get out of debt How to get out of debt

Thu, Oct 30, 2014 - (3:37)

Will Apple Pay transform mobile payments? Will Apple Pay transform mobile payments?

Thu, Oct 16, 2014 - (2:45)

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

“Stalking” your dream home - Money Clip “Stalking” your dream home - Money Clip

Wed, Mar 27, 2013 - (2:50)

3 hidden tax deductions - Money Clip 3 hidden tax deductions - Money Clip

Thu, Mar 21, 2013 - (1:33)

How to break your prenup - Money Clip How to break your prenup - Money Clip

Thu, Mar 07, 2013 - (1:18)

Watch your wallet on Pinterest - Money Clip Watch your wallet on Pinterest - Money Clip

Thu, Feb 21, 2013 - (1:33)

Get set for the big bull run - Money Clip Get set for the big bull run - Money Clip

Thu, Jan 24, 2013 - (3:41)

Moving Pictures »

Images of December Images of December

Tue, Dec 23, 2014 - (0:30)

Tsunami - unclaimed possessions Tsunami - unclaimed possessions

Tue, Dec 23, 2014 - (2:23)

Images of November Images of November

Tue, Dec 02, 2014 - (0:30)

Images of October Images of October

Mon, Nov 03, 2014 - (0:57)

The world in a city The world in a city

Fri, Oct 31, 2014 - (1:30)

Real-life superheroes Real-life superheroes

Tue, Oct 28, 2014 - (1:44)

Dance of the northern lights Dance of the northern lights

Mon, Oct 20, 2014 - (1:08)

Images of September Images of September

Wed, Oct 01, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, Jul 03, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)

The week that changed Boston The week that changed Boston

Mon, Apr 14, 2014 - (3:28)

360° snapshot of life in Kabul 360° snapshot of life in Kabul

Fri, Apr 04, 2014 - (1:26)

A blind teenager, living with vision A blind teenager, living with vision

Thu, Mar 27, 2014 - (3:51)

TIMELAPSE: Backstage at the Oscars TIMELAPSE: Backstage at the Oscars

Wed, Mar 05, 2014 - (2:49)

TIMELAPSE: Lunch with Oscar nominees TIMELAPSE: Lunch with Oscar nominees

Wed, Feb 12, 2014 - (2:55)

Sochi Highlights: Let the games begin Sochi Highlights: Let the games begin

Fri, Feb 07, 2014 - (0:40)

TIMELAPSE: On the Golden Globes red carpet TIMELAPSE: On the Golden Globes red carpet

Tue, Jan 14, 2014 - (3:28)

Pictures of the Year 2013 Pictures of the Year 2013

Fri, Dec 20, 2013 - (3:03)

Reuters Investigates »

Where the sea is closing in Where the sea is closing in

Thu, Nov 20, 2014 - (3:41)

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:22)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:02)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:40)

Lessons of the Jihad Jane case - Reuters Investigates Lessons of the Jihad Jane case - Reuters...

Sun, Dec 09, 2012 - (3:43)

Exclusive: Jihad Jane in her own words Exclusive: Jihad Jane in her own words

Sat, Dec 08, 2012 - (4:11)

Attorney: How a Maryland teenager became radicalized - Reuters Investigates Attorney: How a Maryland teenager became...

Fri, Dec 07, 2012 - (4:21)

Dateline Asia »

Asia markets toast ECB stimulus Asia markets toast ECB stimulus

Fri, Jan 23, 2015 - (1:42)

Asia Week Ahead: Markets await Greece vote Asia Week Ahead: Markets await Greece vote

Fri, Jan 23, 2015 - (1:18)

Netflix to push play in China Netflix to push play in China

Thu, Jan 22, 2015 - (1:41)

Japan in a tight spot over hostage crisis Japan in a tight spot over hostage crisis

Thu, Jan 22, 2015 - (1:05)

Behind the pretty face of K-pop Behind the pretty face of K-pop

Wed, Jan 21, 2015 - (2:09)

Record slowdown in China's economic growth Record slowdown in China's economic growth

Tue, Jan 20, 2015 - (1:52)

North Korean defector changes his story North Korean defector changes his story

Mon, Jan 19, 2015 - (1:03)

China stocks hit by credit crackdown China stocks hit by credit crackdown

Mon, Jan 19, 2015 - (1:16)

Xiaomi smartphones look to go global Xiaomi smartphones look to go global

Mon, Jan 19, 2015 - (1:54)

Clamping down on China's toxic toys Clamping down on China's toxic toys

Fri, Jan 16, 2015 - (1:11)

In China, a new a challenge to Apple In China, a new a challenge to Apple

Fri, Jan 16, 2015 - (1:09)

Ecstatic Filipinos cheer the Pope's arrival Ecstatic Filipinos cheer the Pope's arrival

Fri, Jan 16, 2015 - (1:11)

Investors rush to safe havens Investors rush to safe havens

Fri, Jan 16, 2015 - (1:35)

Hope from Japan's "economy watchers" Hope from Japan's "economy watchers"

Thu, Jan 15, 2015 - (1:34)

McDonald's tests a brand new image McDonald's tests a brand new image

Wed, Jan 14, 2015 - (1:19)

China's economy going to the hogs China's economy going to the hogs

Wed, Jan 14, 2015 - (1:36)

Second black box found in AirAsia crash Second black box found in AirAsia crash

Tue, Jan 13, 2015 - (1:11)

Facebook seeks friends in China Facebook seeks friends in China

Tue, Jan 13, 2015 - (1:37)

Made-in-China Volvos roll into U.S. Made-in-China Volvos roll into U.S.

Mon, Jan 12, 2015 - (1:18)

Sri Lanka votes strongman president out Sri Lanka votes strongman president out

Fri, Jan 09, 2015 - (1:12)

McDonald's Japan shaken by scandals McDonald's Japan shaken by scandals

Fri, Jan 09, 2015 - (1:46)

Asia Week Ahead: Budget puts focus on Abenomics Asia Week Ahead: Budget puts focus on...

Fri, Jan 09, 2015 - (1:29)

Kim Jong Un turns 32 (we think) Kim Jong Un turns 32 (we think)

Thu, Jan 08, 2015 - (1:18)

China's Latin American romance China's Latin American romance

Thu, Jan 08, 2015 - (1:11)

StanChart makes steep cuts StanChart makes steep cuts

Thu, Jan 08, 2015 - (1:05)

Samsung runs out of steam Samsung runs out of steam

Thu, Jan 08, 2015 - (1:23)

Wildfire smoke threatens Australian wine Wildfire smoke threatens Australian wine

Wed, Jan 07, 2015 - (1:09)

China's auto market hits the brakes China's auto market hits the brakes

Wed, Jan 07, 2015 - (1:48)

HK-Shanghai Connect struggles HK-Shanghai Connect struggles

Wed, Jan 07, 2015 - (2:01)

China's services sector shows bright spot China's services sector shows bright spot

Tue, Jan 06, 2015 - (1:39)