|Bid||158.42 x 800|
|Ask||158.43 x 800|
|Day's Range||157.96 - 159.28|
|52 Week Range||146.84 - 178.70|
|PE Ratio (TTM)||23.90|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||4.04 (2.53%)|
|1y Target Est||186.50|
Health officials in Iowa and Illinois say they are investigating an outbreak of a foodborne illness linked to McDonald's salads. Linda So reports.
CNBC's Meg Tirrell reports McDonald's stock is dropping on reports of food illness linked to salads. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Brian Kelly and Guy Adami.
McDonald’s Corp. removed salads from 3,000 restaurants in 14 states after the products were linked to gastrointestinal illnesses in Iowa and Illinois. Iowa’s Department of Public Health said Thursday 15 people in that state reported getting sick with cyclospora infections after eating McDonald’s salads between late June and early July. The Illinois Department of Public Health said 90 people have been sickened by cyclosporiasis, and that a quarter of them reported eating salads from McDonald’s before becoming ill.
McDonald's is stopping the sale of salads at 3,000 restaurants after people became sick from a parasite causing intestinal illness. The Chicago-based fast-food chain said Friday it's acting "out of ...
Though the escalating tensions between the United States and several of its trading partners could hurt companies across a broad range of sectors, several industries are poised to withstand them or even thrive, according to U.S. financial services firm Cowen and Company on Friday. China's recent revisions to tariffs have a clear benefit to luxury retailers, Cowen analysts said in a report. While the country raised import duties on several categories of U.S. goods, it lowered tariffs on apparel, cosmetics, household goods and jewellery.
Customers that stop by their local McDonald’s locations in the U.S. today can get their hands on a free order of french fries to celebrate National French Fry Day with. The first requirement for getting a free order of medium french fries from McDonald’s is to spend a minimum of $1 at the store.
The Dow Jones industrial average topped the 25,000 level Friday, helped by strength in United Technologies and Walgreens, but shares of Johnson & Johnson lagged on a negative court ruling.
News of the possible connection that the illness has to McDonald’s salads comes after more than 100 people have reported the illness. While all of these people were found to have contracted the cyclospora cayetanesis parasite, only about a quarter of them had reportedly eaten a McDonald’s salad before becoming ill. The parasite is found in food and water that are contaminated with feces.
Wells Fargo's shares slid 3.7 percent and led losses on the benchmark S&P 500 after the bank reported a bigger-than-expected drop in quarterly profit as lending slowed and costs rose. Citigroup fell 3 percent after its quarterly profit topped estimates, but revenue fell short due to lower debt underwriting. JPMorgan reversed premarket gains after a profit beat to trade 0.8 percent lower.
Stocks got off to a flat start Friday, as McDonald's and J&J held back the Dow and the S&P 500 and big banks rolled out their Q2 reports.
McDonald's (MCD) is trading lower on Friday, on news that the Illinois Department of Public Health said it was investigating a potential case of food-borne illness linked to the fast-food giant's salads. Chipotle Mexican Grill (CMG) was hit with repeated health scares, and while the stock has risen nearly 60% year to date, it's still down from its 2015 highs.
Health departments in two Midwestern states are investigating spikes in cyclospora infections linked to salads at McDonald's Corp. ( MCD) restaurants. The Illinois health department said in a statement that 90 cases of illness caused by the cyclospora parasite, which infects the small intestine and causes explosive bowel movements, have been reported since May. It added that one-fourth of the patients claimed to have eaten McDonald’s salads in the days before falling ill. The agency, which is also investigating other potential sources, asked anyone that experienced diarrhea and fatigue after eating a McDonald's salad to contact a health care provider to be tested and receive treatment.
SPRINGFIELD, Ill. (AP) — Health officials in Illinois and Iowa are investigating an increase in people becoming sick from a parasite that causes intestinal illness.
McDonald's shares fell 1.4 percent after-hours on Thursday. The Illinois Department of Public Health said it had seen about 90 cases, and the Iowa Department of Public Health said it had recorded 15 cases. In about one-fourth of the Illinois cases people reported eating salads from McDonald's in the days before they became ill.
Public health officials in two states said Thursday they are investigating a link between an increase in a parasitic infection and consumption of McDonald’s Inc. salads, and the fast-food chain said that it is stopping salad sales in thousands of its Midwest locations.
McDonald's Corp. (mcd) shares dipped in the extended session Thursday after the Iowa Department of Public Health announced that it was investigating "an increase in Cyclospora infections that appear to be connected to consumption of McDonald's salads." The department said that it had identified 15 people in that state who had become ill with such an infection after eating McDonald's salads in late June and early July. In a separate announcement, Illinois public health officials said it had confirmed 90 cases of cyclosporiasis. "Anyone who ate these salads since the middle of June and who developed diarrhea, especially watery diarrhea and fatigue, should see their health care provider and get tested for Cyclospora to ensure an accurate diagnosis and appropriate treatment," Dr. Patricia Quinlisk said in the announcement.
Check out the companies making headlines after the bell: Shares of AT&T T were down more than 1 percent in extended-hours trading. The Justice Department appealed the approval of AT&T and Time Warner's merger on Thursday.
Burger King, Dunkin’ Donuts, Five Guys Burgers and Fries, Little Caesars, Panera Bread, Popeyes Louisiana Kitchen, and Wendy’s have also been scrutinized for their franchise contracts.
Washington state Attorney General Bob Ferguson said he's willing to sue other fast-food chains under investigation for the practice.
In business and in life, you are allowed leeway for certain mistakes. But some unforced errors are not only inexcusable, they are intractably damaging, perhaps crippling. Papa John’s (NASDAQ:PZZA) founder John Schnatter found this out the hard way. Inexplicably, Schnatter used the N-word during a May conference call. His subsequent admission and apology cratered PZZA stock.