- Editor's PickMelody Hahm•20 hours ago
In case it wasn’t clear before, it’s officially OK for Starbucks to carry on with its current ice-to-product ratio in its cold drinks. Putting it in Starbucks-centric terms, the lawsuit specified that when a Venti Cold Drink cup is filled up to the top black line “they are only pouring about 14 fluid ounces of Cold Drink into the cup, not 24 fluid ounces,” because of the excess amount of ice. There’s no shortage of lawsuits involving beverages, but perhaps the most famous was Liebeck v. McDonald’s, frequently referred to as the “hot coffee” lawsuit.
- Barrons.com•23 minutes ago
Guggenheim's Matthew DiFrisco and Matthew Kirschner argue McDonald's (MCD) free cash flow should support the stock, even as it struggles with "choppy" same-store sales growth: Choppy domestic SSS trends persist after talking with several QSR managements and franchisees as they continue to face increased competition from grocery, the convenience store channel, and smaller upstart quick casual brand development... We assume a more conservative below-consensus SSS outlook now consisting of LSD negative SSS in 4Q16.
- Reuters•4 hours ago
The European Commission rebuffed an attack by the U.S. Treasury on its investigations into alleged sweetheart tax deals between companies such as Apple and McDonald's and European governments, saying there was no anti-U.S. bias. The U.S. Treasury Department published a white paper on Wednesday that voiced concern at the EU executive's tax investigations, saying they departed from international taxation norms and would have an outsized impact on U.S. companies. The European Commission said it treated all companies equally.
McDonald's Corp. (MCD)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||115.49 x 400|
|Ask||115.50 x 1000|
|Day's Range||114.88 - 115.78|
|52wk Range||92.60 - 131.96|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||22.05|
|Avg Vol (3m)||5,101,521|
|Dividend & Yield||3.56 (3.09%)|