McDonalds Corp (MCD)

You've probably heard of this one - hamburgers? Golden arches? Yummy fries? The Chicago-area - based McD's owns more than 31,000 fast-food restaurants world-wide, including one pretty near where you are right now, we're guessing.

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Sector Update: Consumer

11:18 AM Eastern Standard Time, 02/04/2010 (MidnightTrader) -- Consumer shares slumped as new jobless numbers showed a dent in the fragile employment recovery. Stocks are still reeling from disappointing weekly jobless claims this morning. The Labor Department said initial claims for jobless benefits rose by 8,000 last week. Economists had expected a decrease of 10,000. The weekly jobs data comes a day ahead of the key monthly report, due Friday. Macy's Inc. (M) is on the rise Thursday morning after the department store raised its earnings forecast for the fourth quarter. Another retailer Ross Stores (ROST) says January same-store sales rose 8%. Q4 EPS are seen between $1.15 to $1.16, versus forecasts for $1.16. Joe's Jeans (JOEZ) is up after the company said late Wednesday it earned $0.33 per share in Q4, topping the sole analyst estimate for a penny. Sales of $25.2 million also topped the sole estimate.

Events

  • February 82012
    McDonald's Corp. to Report January,2012 Sales/Trading Statement Results on Feb 08, 2012
  • March192012
    McDonald's Corp. Presents at The 7th Annual Real Estate Investment World China 2012, Mar-19-2012 11:30 AM
  • April212012
    McDonald's Corp. expected to report Q1 2012 results on April 21, 2012. This event was calculated by Capital IQ (Created on January 25, 2012).
  • January242013
    McDonald's Corp. expected to report Fiscal Year 2012 results on January 24, 2013. This event was calculated by Capital IQ (Created on January 25, 2012).

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Current price per share


Today's gain: $1.06 (1.10%)

Is this a fair price given publicly available information?
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