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McDonald's Corp

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  • May 27- McDonald's Corp will stop reporting monthly same-store sales after June to focus on longer-term actions as part of its turnaround plan, the newly-appointed chief executive of the world's biggest restaurant chain said. "Disclosing comparable sales as part of our quarterly reporting is consistent with nearly all retailers and will provide a greater...

  • McDonald's to stop reporting monthly sales figures Wednesday, 27 May 2015 | 9:59 AM ET

    Steve Easterbrook, who became CEO of McDonald's on March 1, noted the change would happen during a presentation for analysts at the Bernstein's Strategic Decisions Conference in New York. McDonald's Corp., based in Oak Brook, Illinois, said June will be the last month for which it reports sales at established locations. Other major restaurant chains, including...

  • May 27- McDonald's Corp will stop reporting monthly same-store sales after June, Bloomberg reported, citing an email from the retailer. The world's biggest restaurant chain will stop providing the closely-watched metric for each month after reporting second-quarter results, Bloomberg said. McDonald's was not immediately available for comment.

  • NEW YORK— Taco Bell and Pizza Hut say they're getting rid of artificial colors and flavors, making them the latest big food companies scrambling to distance themselves from ingredients people might find unappetizing. Instead of "black pepper flavor," for instance, Taco Bell will start using actual black pepper in its seasoned beef, says Liz Matthews, the chain's...

  • —FEBRUARY 2012: McDonald's Corp. requires its U.S. pork suppliers to outline plans to phase out the use of sow gestation stalls that limit movement. —APRIL 2015: Aramark, the largest U.S. food-service company, says it's eliminating all cages for laying hens by 2020, gestation crates for mother pigs by 2017 and crates for veal calves by 2017. Among other steps, the...

  • Wal-Mart urges meat suppliers to curb antibiotic use Friday, 22 May 2015 | 1:42 PM ET

    CHICAGO, May 22- Wal-Mart Stores Inc is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first large retailer to take a stand against the excessive use of drugs in raising farm animals. Wal-Mart, the country's biggest food retailer, is also telling suppliers not to raise animals in gestation crates or in other...

  • May 22- Wal-Mart Stores Inc said its U.S. units were asking meat suppliers to reduce the use of antibiotics in animals, joining the list of U.S. companies that have responded to consumer and government concerns over the excess use of drugs in livestock. Wal-Mart's U.S. units will ask suppliers to limit the use of antibiotics for the treatment of sick animals and not...

  • NEW YORK— Wal-Mart's push to get its suppliers to give farm animals fewer antibiotics and more room to roam is expected to have a big impact on the food industry, experts say. Though the steps are voluntary, Wal-Mart, which sells more food than any other store, has a history of using its retail muscle to change the way products are made and sold across the retail...

  • LOS ANGELES/ BOSTON, May 21- McDonald's Corp shareholders defied executives at its annual meeting on Thursday, approving a proposal to make it easier to nominate directors to the board of the fast-food chain and taking its new CEO to task over wages, advertising and its food. McDonald's Chief Executive Steve Easterbrook, who took the helm on March 1, is fighting on...

  • What McDonald's needs to do: Experts Thursday, 21 May 2015 | 6:07 PM ET
    A customer enters a McDonald's restaurant in San Pablo, California.

    Two McDonald's shareholders and an economics professor weigh in on what the fast-food giant needs to do to make its big turnaround work.

  • SHANGHAI, May 22- Apple Inc is planting trees, Mars may move to' zero carbon' and Foxconn Technology Co Ltd is spending millions of dollars to give its factories a' green' makeover, as companies operating in China face tighter rules on pollution. "China's environmental law is becoming one of the strongest in the world," said Manuel Baigorri, senior director of...

  • S&P 500 ekes out record close; Salesforce up nearly 4% Thursday, 21 May 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks traded in a narrow range on Thursday as investors eyed slightly lower bond yields and mostly shook off the morning's mixed economic data.

  • Correction: McDonald's Shareholders-Salaries story Thursday, 21 May 2015 | 2:43 PM ET

    OAK BROOK, Ill.— In a May 20 story about a protest outside of McDonald's corporate headquarters near Chicago, The Associated Press erroneously reported that about 100 protesters were arrested. Protesters call for $15 an hour outside McDonald's headquarters ahead of shareholder meeting. OAK BROOK, Ill.— Hundreds of protesters marched near McDonald's suburban...

  • McDonald's CEO: 'Ronald is here to stay' Thursday, 21 May 2015 | 12:01 PM ET
    Ronald McDonald's rocks a new look.

    Talk about job security—McDonald's clown isn't going anywhere, its CEO told shareholders.

  • McDonald's stock could rise 20%: Strategist Thursday, 21 May 2015 | 11:20 AM ET
    A McDonald's restaurant in Brooklyn, New York.

    Matrix Asset Advisors is increasing its stake in McDonald's on the expectation CEO Steve Easterbrook's turnaround plan will succeed.

  • LOS ANGELES/ BOSTON, May 21- McDonald's Corp shareholders on Thursday approved a proposal that would make it easier to nominate directors to the board of the fast-food chain, which is in turnaround mode after losing customers and sales to competition and after internal missteps. The California Public Employees' Retirement System and the New York City Pension...

  • Need it asap? Amazon adds one-hour delivery in NYC Thursday, 21 May 2015 | 10:12 AM ET
    A detail of the Amazon Prime Now home page

    Amazon will begin offering one-hour delivery from local stores in New York City as competition in the delivery arena increases.

  • LOS ANGELES/ BOSTON, May 21- McDonald's Corp shareholders will vote Thursday on a proposal that would make it easier to nominate directors to the board of the fast-food chain, which is in turnaround mode after losing customers and sales to competition and after internal missteps. Vanguard Group and BlackRock Inc, major investors that hold significant stakes in...

  • BOSTON/ LOS ANGELES, May 20- Four U.S. public pension fund officials on Wednesday warned that McDonald's Corp and other companies may be jeopardizing their own futures by returning excessive amounts of cash to investors via share buybacks. The statement by the fund officials marks the first time in which some of the nation's biggest institutional investors...

  • CHICAGO, May 20- Thousands of McDonald's workers seeking a minimum wage of $15 per hour swarmed the fast-food giant's headquarters for the first of two days of protests to coincide with the fast-food chain's annual meeting on Thursday. Companies such as McDonald's Corp and Wal-Mart Stores Inc are raising starting pay and cities like Seattle and Chicago are...