- Editor's PickJP Mangalindan•yesterday
Apple (AAPL) dominated the news Tuesday after the European Commission said it must pay back $14.5 billion plus interest in back taxes to Ireland. Last October, the European Commission ruled that a tax arrangement between Starbucks (SBUX) and the Netherlands was illegal, forcing the Seattle-based coffee giant to pay back $32.7 million. For Amazon (AMZN) and McDonald’s (MCD), European tax investigations are ongoing.
- American City Business Journals•19 minutes ago
McDonald's announced Wednesday that its U.S. president will retire at the end of the year and will be replaced by a current company vice president. Mike Andres, 58, started his career at McDonald's more than 30 years ago and was named president of McDonald's U.S. business in August 2014 after a brief period away from the corporation. The Chicago Tribune reported that Andres and CEO Steve Easterbrook, who succeeded Don Thompson in 2015, oversaw institutional changes to the fast food chain such as serving breakfast all day, paring down the menu, and improving order accuracy.
- Associated Press•1 hour ago
NEW YORK (AP) — McDonald's says the president of its U.S. business is retiring after about two years on the job, marking the latest executive change as the fast-food giant tries to reinvent itself by bringing in a relative outsider to lead its flagship region.
McDonald's Corp. (MCD)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||115.50 x 200|
|Ask||115.72 x 900|
|Day's Range||115.20 - 116.00|
|52wk Range||94.31 - 131.96|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||22.09|
|Avg Vol (3m)||5,171,881|
|Dividend & Yield||3.56 (3.08%)|