(Reuters) - Wall Street ended higher on Monday as corporate earnings came in better than feared, although shares of McDonald ' s declined after the fast-food chain's turnaround plan left investors wanting more.
(Reuters) - McDonald ' s Corp 's new chief executive officer said on Monday he would reorganize business units, sell restaurants to franchisees and cut costs in a bid to turn the fast-food chain into a "modern, progressive burger company."
May 4 (Reuters) - McDonald ' s new chief executive's turnaround plan for the fast-food chain included specific financial fixes, but left investors and analysts craving a clear strategy to win back diners and boost sales.
Following the unveiling of McDonald ' s turnaround plan, we believe new CEO Steve Easterbrook has developed ..... negative trend rating, as we share Easterbrook's assessment about McDonald ' s needing to get more out of its brand, franchisee, and scale
LOS ANGELES (Reuters) - McDonald ' s new Chief Executive Steve Easterbrook is set to unveil his plan on Monday to revive growth as the world's largest hamburger chain struggles to win back consumers and investors.
NEW YORK (Reuters) - Options traders appear poised for a big move in McDonald ' s Corp 's shares as the world's biggest restaurant chain is set to unveil a much-awaited turnaround plan on Monday, and bullish bets have picked up in recent days.
SHANGHAI (Reuters) - Beijing authorities have fined U.S.-based J.R. Simplot's China processing unit, which supplies frozen french fries to McDonald ' s Corp , 3.92 million yuan ($632,370) for water pollution, state media and Simplot said.
SHANGHAI, April 30 (Reuters) - Beijing authorities have fined U.S.-based J.R. Simplot's China processing unit, which supplies frozen french fries to McDonald ' s Corp , 3.92 million yuan ($632,370) for water pollution, state media and Simplot said.