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Latest McDonald's Corp. Stories

2005-10-20 11:08:06

By Nichola Groom LOS ANGELES (Reuters) - McDonald's Corp. on Thursday reported a 6 percent drop in third-quarter earnings, in line with a better-than-expected outlook it gave last week, but the company's shares fell 2 percent as higher labor and beef costs pressured profit margins. Improvement in major European markets like Germany and France helped boost sales at the world's largest restaurant company, but investors were disappointed by margins at company-owned restaurants. The...

2005-10-20 09:00:00

LOS ANGELES -- McDonald's Corp. on Thursday reported a 6 percent drop in quarterly earnings after a tax benefit boosted year-ago results, but sales and operating profit were lifted by stronger markets like Germany, France and Australia. Last week, McDonald's said sales of its new Premium Chicken sandwiches, a strong breakfast business and later hours had helped drive sales in the United States, its flagship market, during the quarter. In Europe, McDonald's No. 2 market, progress has been...

2005-10-20 08:17:49

LOS ANGELES (Reuters) - McDonald's Corp. on Thursday reported a 6 percent drop in quarterly earnings after a tax benefit boosted year-ago results, but sales and operating profit were lifted by stronger markets like Germany, France and Australia. Last week, McDonald's said sales of its new Premium Chicken sandwiches, a strong breakfast business and later hours had helped drive sales in the United States, its flagship market, during the quarter. In Europe, McDonald's No. 2 market,...

2005-10-20 07:25:18

LOS ANGELES (Reuters) - McDonald's Corp., operator of the world's largest restaurant chain, on Thursday said third-quarter net earnings fell from a year ago but were in line with a better-than-expected forecast the company gave last week. Net income fell to $735.4 million, or 58 cents per share, compared with $778.4 million, or 61 cents per share, a year earlier. Last year's results included a tax benefit of 7 cents per share. Excluding a gain for selling a stake in an unnamed...

2005-09-13 14:25:29

LOS ANGELES (Reuters) - McDonald's Corp. on Monday said it is sponsoring a physical education program that will appear in one-third of U.S. public elementary schools, the chain's latest move to combat critics who blame its burgers and fries for expanding kids' waistlines. "McDonald's Passport to Play" will launch in 31,000 schools this fall, reaching an expected 7 million children in grades three through five, the company said. The move is part of McDonald's so-called "Balanced...

2005-09-13 00:01:40

LOS ANGELES (Reuters) - McDonald's Corp. on Monday said it is sponsoring a physical education program that will appear in one-third of U.S. public elementary schools, the chain's latest move to combat critics who blame its burgers and fries for expanding kids' waistlines. "McDonald's Passport to Play" will launch in 31,000 schools this fall, reaching an expected 7 million children in grades three through five, the company said. The move is part of McDonald's so-called "Balanced...

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2005-08-27 15:30:00

SAN FRANCISCO -- California Attorney General Bill Lockyer has filed a lawsuit to force top makers of potato chips and french fries to warn consumers about a potential cancer-causing chemical found in the popular snacks. In a complaint filed on Friday in Los Angeles Superior Court, Lockyer sought an injunction to stop restaurant chains such as McDonald's Corp. and Wendy's International Inc. from selling french fries without some form of warning. Also named were producers of potato chips and...

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2005-07-05 19:30:00

LOS ANGELES -- McDonald's Corp. , fresh from a makeover of everything from its menu to its ads, now wants to upgrade its restaurant staff uniforms to make themhipper and more befitting the MTV generation, a spokesman said on Tuesday. "Our crew in many respects are ambassadors of our brand, and we want their attire to be consistent with that," said BillWhitman, McDonald's USA spokesman. McDonald's "I'm Lovin' It" advertising campaign, with its catchy jingle and youth-oriented television...

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2005-06-08 07:42:36

The hamburger salesman and clown is getting an image makeover, as a fitness guru for kids. LOS ANGELES -- Hamburger salesman and clown Ronald McDonald is getting an unlikely image makeover -- as a snowboarding, hoops-shooting fitness guru for tots. The new athletic Ronald, McDonald's Corp.'s mascot for the last 42 years, will even be sporting a more form-fitting version of his trademark yellow jumpsuit. In a television commercial that hits airwaves on Friday, an animated Ronald will be seen...


Word of the Day
siliqua
  • A Roman unit of weight, 1⁄1728 of a pound.
  • A weight of four grains used in weighing gold and precious stones; a carat.
  • In anatomy, a formation suggesting a husk or pod.
  • The lowest unit in the Roman coinage, the twenty-fourth part of a solidus.
  • A coin of base silver of the Gothic and Lombard kings of Italy.
'Siliqua' comes from a Latin word meaning 'a pod.'
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