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Apple News Byte: Stock Futures Pare Gains to Trade Flat After McDonald's Earnings

Wochit 1:29 mins

Stock index futures pared gains to trade flat, pressured by a decline in McDonald's shares after its results and as investors booked profits after the S&P 500 index hit yet another closing high on Friday. McDonald's Corp earnings came in a busy week of reports, with about one-third of S&P 500 companies due to report, including Apple and entertainment provider Netflix Inc . McDonald's Corp reported a 4 percent rise in quarterly profit, while global sales at established restaurants were in line with analysts' expectations. Shares fell 2 percent to $97. Apple has disclosed that its developer site was accessed by ?an intruder? and theyhas not ruled out the possibility that developers? names, mailing addresses, and/or email addresses were compromised. The company sent developers an email explanation, after pushing them off for the past three days with notices that the developer site was down for maintenance. Apple's developer site has been down for two days. amid umblings across social networks and developer forums point to concern that Apple may have suffered a security breach, similar to an attack on Dropbox last year, which led to a spam attack on many of its users.

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