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McDonald's down after turnaround plan; Comcast jumps on beat; Icahn still big on Apple

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

McDonald's (MCD) shares are lower in early trading. The fast food chain is unveiling its turnaround plan as it looks for ways to revive sales. Chief Executive Steve Easterbrook announcing a strategy to drive operational growth by reducing complexity in menu options and modernizing its stores. Easterbrook adding McDonald's will have a sharper focus on the customer and bring back excitement to its business, while unlocking the financial value of the company. McDonald's also plans to increase the number of franchised restaurants to 90% by 2018.  Currently more than 80% of restaurants worldwide are owned and operated by franchisees.

Comcast (CMCSA) shares are higher this morning after the nation's largest cable operator reported a beat on both its top and bottom lines in the first quarter. Sales rose 2.5% from a year earlier as the company racked up internet subscribers and saw strong growth in business services. The company also said it will buy back an additional $2.5 billion worth of stock this year. This comes after Comcast's merger with Time Warner Cable (TWC) fell apart amid regulatory hurdles.

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Apple (AAPL) remains in focus as activist investor and major Apple shareholder Carl Icahn continues to sing the tech giant's praises. In an interview with "Wall Street Week" Icahn said Apple is the kind of company that only comes around a couple of times in a century and that he continues push the company to buy back more shares.

Tyson Foods (TSN) shares on the move in early trading. The nation's biggest poultry producer posting earnings per share that topped analysts' estimates but revenue came in slightly short of forecasts as strong sales of prepared foods offset declines in chicken, beef and pork sales.

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