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McDonald's (MCD) Holds Investor Event; UBS Raises Price Target to $125
November 11, 2015 9:37 AM ESTUBS reiterated a Buy rating on McDonald's (NYSE: MCD), and raised the price target to $125.00 (from $122.00), following the company's investor event. While a permanent value plan was not provided, it appears a plan is coming and will include periods of national value focus as well as a regional... More
McDonald's (MCD) Says It's Not Pursuing REIT; to Raise Dividend 5%
November 10, 2015 1:12 PM EST(Updated - November 10, 2015 1:31 PM EST)
(Updated - November 10, 2015 1:16 PM EST)
McDonald's (NYSE: MCD) said at its investor meeting that it is not pursuing a REIT structure. The company sees reducing G&A by $500 million and it is committed to reducing expenses.
During the Company's investor meeting today, McDonald's Corporation President and Chief Executive Officer Steve Easterbrook and members of senior management provided an update on the Company's Turnaround Plan and made the following... More
