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MCD

McDonald's

$115.41

0.7 (0.61%)

16:16
10/13/16
10/13
16:16
10/13/16
16:16

McDonald's sees Q3 pretax charges of approximately $130M

McDonald's announced that for the quarter ended September 30, the company expects to incur approximately $130M in pretax charges, or about 12c per share on an after-tax basis, consisting of restructuring and non-cash impairment charges related to its global G&A and refranchising initiatives. These initiatives were outlined in November 2015, including plans to refranchise 4,000 restaurants by the end of 2018 and a net G&A savings target of $500M, the vast majority of which is expected to be realized by the end of 2017. Going forward, the company expects to incur additional strategic charges in connection with these ongoing initiatives.

  • 21

    Oct

MCD McDonald's
$115.41

0.7 (0.61%)

09/07/16
BUCK
09/07/16
NO CHANGE
BUCK
Chipotle probably won't be bought by McDonald's, says Buckingham
Buckingham analyst John Zolidis says he's been asked "more than once" if Chipotle could be acquired by McDonald's. The analyst says that Chipotle would provide McDonald's with "a growth vehicle," as McDonald's could accelerate Chipotle's international expansion and use its expertise to convert the burrito chain to a franchised model. However, the analyst says there is little chance of such a deal occurring. Additionally, after an investor announced a 10% stake in Chipotle last night, the analyst does not think there's a clear path to unlocking shareholder value in Chipotle. However, he continues to expect Chipotle's sales to rebound to levels that are similar to those it had before its food safety issues. He reiterates a $547 price target and Buy rating.
09/14/16
JPMS
09/14/16
NO CHANGE
JPMS
JPMorgan says buy three restaurant stocks after recent weakness
JPMorgan analyst John Ivankoe recommends using recent volatility to buy McDonald's (MCD), Starbucks (SBUX) and Yum! Brands (YUM), but not Chipotle Mexican Grill (CMG). On Chipotle, the analyst recommends using meaningful price weakness, closer to or below $400, to accumulate the shares.
09/15/16
FBCO
09/15/16
NO CHANGE
Target $132
FBCO
Outperform
McDonald's SSS checks sluggish but stable, says Credit Suisse
Credit Suisse analyst Jason West said US franchise same-store-sales checks remained sluggish in July and August and are likely running in the +1-2% range, inline with investor expectations. West expects same-store-sales to be flat to slightly down in Q4 due to difficult comps but believes investors are already pricing in a weak Q4 for the US business. The analyst continues to view McDonald's defensive characteristics as attractive in the current environment and its discounted valuation relative to peers as unwarranted. West reiterates his Outperform rating and $132 price target on McDonald's shares.
10/10/16
TLSY
10/10/16
INITIATION
Target $130
TLSY
Outperform
McDonald's initiated with an Outperform at Telsey Advisory
Telsey Advisory analyst Robert Derrington initiated McDonald's with an Outperform and a $130 price target.

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$NYE

NYSE Market Internals

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SWKS

Skyworks

$107.93

0.44 (0.41%)

14:15
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Skyworks put volume heavy and directionally bearish »

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SPY

SPDR S&P 500 ETF Trust

$249.89

-0.08 (-0.03%)

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S&P 500

14:13
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Technical View: S&P 500 slips below the pivot low »

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PZRX

PhaseRx

$0.78

0.055 (7.64%)

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SNY

Sanofi

$49.34

0.24 (0.49%)

14:10
09/20/17
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Sanofi reports 'potential breakthrough' in preclinical work on HIV antibodies »

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SPX

S&P 500

14:06
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Fed details plans to being reducing balance sheet »

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VRX

Valeant

$14.06

0.29 (2.11%)

14:05
09/20/17
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14:05
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14:05
Options
Valeant call volume above normal and directionally bullish »

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SPY

SPDR S&P 500 ETF Trust

$249.87

-0.1 (-0.04%)

, SPX

S&P 500

14:04
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14:04
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General news
Federal Reserve maintains median projection for year-end funds rate at 1.4% »

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SPX

S&P 500

14:02
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Fed says economic activity rising moderately this year »

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SPLK

Splunk

$68.25

-0.24 (-0.35%)

, SYMC

Symantec

$34.16

0.39 (1.15%)

14:02
09/20/17
09/20
14:02
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14:02
Periodicals
Breaking Periodicals news story on Splunk, Symantec »

Symantec 'play'…

SPLK

Splunk

$68.25

-0.24 (-0.35%)

SYMC

Symantec

$34.16

0.39 (1.15%)

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  • 22

    Oct

SPX

S&P 500

14:01
09/20/17
09/20
14:01
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Fed plans to initiate balance sheet normalization in October »

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14:01
09/20/17
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14:01
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14:01
General news
FOMC Meeting Announcement Federal Funds Rate data reported »

FOMC Meeting Announcement…

14:00
09/20/17
09/20
14:00
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14:00
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Breaking General news story  »

Federal Reserve leaves…

RNVA

Rennova Health

$0.22

-0.0021 (-0.93%)

13:55
09/20/17
09/20
13:55
09/20/17
13:55
Conference/Events
Rennova Health to host special shareholder meeting »

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  • 20

    Sep

MLCO

Melco Resorts & Entertainment

$23.78

0.77 (3.35%)

13:50
09/20/17
09/20
13:50
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13:50
Options
Bullish option play opened in Melco Resorts as shares tick to 52-week highs »

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  • 02

    Oct

MOH

Molina Healthcare

$62.33

0.21 (0.34%)

, UNH

UnitedHealth

$195.34

0.69 (0.35%)

13:48
09/20/17
09/20
13:48
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13:48
Periodicals
McConnell intends to consider healthcare bill in Senate next week, WSJ says »

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MOH

Molina Healthcare

$62.33

0.21 (0.34%)

UNH

UnitedHealth

$195.34

0.69 (0.35%)

CNC

Centene

$90.10

0.32 (0.36%)

WCG

WellCare

$166.10

-2.065 (-1.23%)

CI

Cigna

$181.44

-0.07 (-0.04%)

ANTM

Anthem

$181.90

0.46 (0.25%)

HNT

Health Net

HUM

Humana

$238.58

-1.46 (-0.61%)

AET

Aetna

$154.56

-1.48 (-0.95%)

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    Nov

JCI

Johnson Controls

$40.12

1.075 (2.75%)

13:45
09/20/17
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13:45
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13:45
Options
Johnson Controls call volume above normal and directionally bullish »

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13:45
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General news
Breaking General news story  »

FOMC Forecasts to be…

13:45
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09/20
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General news
FOMC Meeting Announcement Federal Funds Rate to be reported at 14:00 »

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JAKK

JAKKS Pacific

$2.83

-0.025 (-0.88%)

13:35
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09/20
13:35
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13:35
Hot Stocks
Breaking Hot Stocks news story on JAKKS Pacific »

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13:35
09/20/17
09/20
13:35
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13:35
General news
NY Fed accepted $168.03 B in daily reverse repos »

NY Fed accepted $168.03 B…

JAKK

JAKKS Pacific

$2.83

-0.025 (-0.88%)

13:33
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09/20
13:33
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13:33
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JAKKS Pacific expects to sustain net loss, negative EPS for the year »

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MLHR

Herman Miller

$34.95

0.1 (0.29%)

13:33
09/20/17
09/20
13:33
09/20/17
13:33
Earnings
Notable companies reporting after market close »

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  • 21

    Sep

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