|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||162.51 - 165.30|
|52 Week Range||146.84 - 178.70|
|PE Ratio (TTM)||24.25|
|Forward Dividend & Yield||4.04 (2.51%)|
|1y Target Est||N/A|
Stocks that moved substantially or traded heavily Friday: Texas Instruments Inc., up $1.56 to $110.05 The chipmaker raised its quarterly dividend and said it will buy back $12 billion in stock. United ...
Moody's Investors Service ("Moody's") today affirmed McDonald's Corporation's ("McDonald's") Baa1 senior unsecured rating and P-2 short term commercial paper rating. "The ratings affirmation reflects our view that McDonald's credit profile will remain within the range appropriate for its Baa1 senior unsecured and Prime-2 ratings despite the increase in its dividend and the additional debt required to fund its shareholder return target" stated Bill Fahy, Moody's Senior Credit Officer. McDonald's recently announced that it will raise its dividend by approximately 15% and will increase its shareholder return target to about $25 billion from $24 billion.
Per The Humane Society: "McDonald's is allowing chickens to gravely suffer... while its competitors take steps to improve their treatment."
The S&P 500 and the Dow touched record highs for the second straight day, while the tech-heavy Nasdaq dipped in heavy trading on Friday, largely related to Wall Street's sector reshuffling and "quadruple witching" expirations. Telecoms major AT&T was set to form the heart of a new powerhouse communications services sector, which would also include Facebook, Google parent Alphabet and Twitter. AT&T rose 1.8 percent, pushing the S&P telecommunications sector higher by 1.42 percent.
Shares of both McDonald's (MCD) and Starbucks (SBUX) surged Friday. MCD stock jumped on the back of a dividend hike, while SBUX climbed for less obvious reasons.
McDonald’s Corp. has long been on the receiving end of calls to take better care of its chickens. Earlier this month, actors and musicians, including Kristen Bell, Joan Jett and Weird Al Yankovic, have lent their names to demands for more humane treatment.
It all started when the company hired a new CEO, Brian Niccol, the man who engineered a successful comeback at Taco Bell. Comparable sales and margins gradually improved over the next several months due to delivery expansion and menu innovations. Chipotle stock more than doubled in six months, but that comeback is over.
The benchmark S&P 500 and the Dow Jones Industrial Average touched record highs on Friday, their second session in a row, boosted by gains in the technology and consumer discretionary sectors. Nine of the 11 major S&P sectors were higher.
The "Big Five," which includes McDonald's Corp. (down 6.5% year to date), Yum Brands Inc. The biggest loser of the group, McDonald's, which is down slightly after being up 44% last year, on Thursday raised its quarterly dividend 15% to $1.16 a share, which equates to a 2.9% yield.
The e-commerce leader is weighing plans to open as many as 3,000 Amazon Go stores by 2021, and many of them might not be what you're expecting.
McDonald's Corp. said late Thursday that it plans to raise its quarterly dividend 15% to $1.16 per share from $1.01. The company said it will pay nearly $900 million in fourth quarter dividend payments. U.S. tax-law changes as well as McDonald's strong business contributed to its ability to raise the dividend, the company said. McDonald's also said it would see system-wide sales growth of 3% to 5%, earnings per share growth in the high single digits, and operating margins in the mid-40% range. McDonald's stock rose 0.4% after hours and closed up 1% to $160.79 during the regular session. The S&P 500 index rose 0.8% Thursday.
Hank Smith, co-chief investment officer of Haverford Trust, has laid out a clear case for dividend stocks over bonds. Pepsi’s stock had a dividend yield of 3.25% as of the close on Sept. 18, while 10-year U.S. Treasury paper yielded 3.05%.
Good things come in small packages goes the saying. Nowhere is that truer than in the markets where stocks under $10 grow to be $100 and possibly even $1,000 over time.
One of the most popular investment strategies is to focus on fast-charging growth companies. The appeal, of course, is that you can get in on the ground floor of a paradigm-shifting industry. But remember the adage cash is king. The most dependable stocks to buy are usually what people call “cash cows.”
Staff at JD Wetherspoon, TGI Fridays and McDonald’s are staging coordinated strikes next month to highlight the issue of “poverty pay” and insecure working in the UK hospitality industry. Workers in two Wetherspoon’s pubs will walk out on 4 October alongside staff from four McDonald’s chains and three TGI Fridays restaurants.
McDonald's avoided having to repay millions of euros in back taxes after EU antitrust regulators said that its tax deal with Luxembourg was not illegal, citing quirks in the Grand Duchy's bilateral tax treaty with the United States. The decision by the European Commission came after a three-year long investigation, part of its crackdown on illegal sweetheart deals between EU governments and multinationals that has resulted in Apple, Starbucks and Fiat paying billions of euros in back taxes. The Commission said McDonald's tax deal was in line with national tax laws and the Luxembourg-U.S. double taxation treaty.
McDonald's (MCD.N) avoided having to repay millions of euros in back taxes after EU antitrust regulators said that its tax deal with Luxembourg was not illegal, citing quirks in the Grand Duchy's bilateral tax treaty with the United States. The decision by the European Commission came after a three-year long investigation, part of its crackdown on illegal sweetheart deals between EU governments and multinationals that has resulted in Apple (AAPL.O), Starbucks (SBUX.O) and Fiat (FCHA.MI) paying billions of euros in back taxes. The Commission said McDonald's tax deal was in line with national tax laws and the Luxembourg-U.S. double taxation treaty.
BRUSSELS—European Union regulators said Wednesday that McDonald’s Corp.’s tax arrangement in Luxembourg is legal, dropping an investigation against the U.S. fast-food giant while lauding efforts to close tax loopholes highlighted in the probe. President Trump, like his predecessor in the White House, has accused the EU of unfairly punishing U.S. firms with antitrust and tax cases. While regulators did note loopholes that had allowed a McDonald’s franchising unit to avoid paying taxes on either side of the Atlantic, European Competition Commissioner Margrethe Vestager said the investigation into whether the company benefited from special treatment by an EU member state shows the bloc acts objectively.
The most significant changes to Wall Street's broad industry sectors since 1999 will take effect Monday, reclassifying many of the hot growth companies that have been nearly synonymous with the "tech" rally that has fuelled the stock bull market. It may affect how mutual fund managers chose stocks and force passively-managed sector exchange traded funds (ETFs) to reallocate billions of dollars. S&P Dow Jones Indices is reorganizing the Global Industry Classification Standard (GICS).
McDonald's tax deal with Luxembourg did not breach EU state aid rules, EU antitrust regulators have ruled, saying the reason the U.S. fast food chain did not pay some taxes was due to the mismatch between U.S. and Luxembourg laws. As Pascale Davies reports, the decision by the European Commission was part of its crackdown against illegal sweetheart deals between EU governments and multinationals.