The world's largest restaurant chain is showing signs of tarnish on the Golden Arches.
Goldman Sachs downgraded shares of McDonald's (MCD) on Wednesday morning, as analyst Michael Kelter slashed both his buy rating and price target on the burger giant.
Challenges overseas and resurgent competition have Mickey D's reporting a slowdown in growth, and that's probably not going to turn around anytime soon.
McDonald's CEO Jim Skinner is retiring later this year, and president and COO Don Thompson will be replacing him. So who's this new guy who's taking the reigns of the world's largest restaurant chain? He's the 12th ever black CEO of... Read Post
Is there anything more universal than McDonald's? No. The golden arches are the most recognized symbol in the world. The restaurant provides food for people in 119 countries, especially the USA. There are even 179 restaurants in Ind... Read Post
McDonald's golden arches are still golden. The fast-food chain said Q3 earnings jumped 12% year-over-year to $1.45 per share. Analysts were expecting $1.43 per share. "During the quarter, the U.S. featured premium McCafe beverages i... Read Post