McDonald's reportedly suffered a hack of its Instagram account Wednesday (Aug. 21), with the hackers claiming they used the fast-food giant's account to promote a fake cryptocurrency that they dubbed “GRIMACE” and pocket $700,000 from the scam. The hackers' posts were later deleted, the New York Post reported Wednesday.
McDonald's Corp is planning to open over 200 new restaurants across the UK and Ireland, creating some 24,000 jobs, with many set to be placed on high streets. This marks the Big Mac maker's biggest expansion in the country since 2002 and comes as part of a £1 billion investment spree by the chain and its franchisees.
24/7 Wall St. Insights Analysts disagreed about how McDonald's Corp.
That results in a net cost for the trade of $1,690 per spread.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Unemployment and inflation data currently imply that the strength of the economy is a mixed bag. Financial institutions such as Goldman Sachs and JP Morgan both see a chance of a recession in 2025.
24/7 Wall St. Insights The McDonald's Corp. (NYSE: MCD) board of directors needs to decide if following the example set by Starbucks Corp.
24/7 Wall St. Insights McDonald's Corp. (NYSE: MCD) stock has not recovered since the fast-food giant released its earnings.
The freshest force in American politics wears striped socks, has fire-engine red hair and comes bearing french fries.
McDonald's (MCD) is hurt by dismal comps performance and high costs. The company's comps fall for the first time after increasing in 13 straight quarters.
McDonald's Corp. (MCD, Financial) presented disappointing second-quarter earnings on July 29. The quarter's indicators show how challenging the company's situation is, with negative same-store sales, flat revenue and an earnings miss.
And we talk with PG&E CEO Patricia Poppe about the company's turnaround and how it's serving the growing electricity demand from data centers.