Posts by Kathy Cherpelis

  • McDonald's sales slide; Home Depot confirms data hack; General Mills buys Annie's

    Kathy Cherpelis at Hot Stock Minute5 days ago

    Here is a look at some of the stocks the Yahoo Finance team will be watching for you today.

    McDonald's (MCD) shares were lower before the bell. The fast-food giant reported same-stores sales fell more-than-expected in August. Worldwide sales declined 3.7%, while U.S. sales fell 2.8% last month. Sales were hurt by recent food-safety scandal in China and a highly competitive environment in the U.S.  

    Home Depot (HD) shares slipped in early trading. The home improvement retailer confirmed that is payments systems were breached in its U.S. and Canadian stores due to a cyber attack that likely began as early April. Home Depot said there was no evidence that online customers were affected or that PIN numbers from debit cards were compromised. The breach may have been caused by similar malware used against Target (TGT)   last winter and may be even bigger than Target's.

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