Reuters — McDonald’s Corp. shares hit an all-time high on Thursday after CEO Steve Easterbrook said a rebound in quarterly restaurant sales showed his turnaround plan is starting to work. Global sales at established restaurants were up a much better-than-expected four per cent in the third quarter, ending six straight quarters of flat or falling […] Read more

McDonald’s stock hits record high as turnaround takes hold

McDonald’s says rough ride to continue into 2015
Reuters — McDonald’s Corp. warned Friday that business will be weak in the first half of 2015 and it is cutting its annual construction budget to the lowest in more than five years as it opens fewer restaurants in struggling markets. The world’s largest fast-food chain, with more than 36,000 restaurants around the globe, just […] Read more