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McDonald’s stock jumps on results, plan

April 22, 2015 by admin

Bruce Horovitz, USA TODAY

McDonald’s stock is rallying more than 4% Wednesday as the company 575 Madison Avenue New York City Happy Friesannounced a new turnaround plan to be revealed early next month.

Results, though nothing to brag about, were better than expected. The world’s biggest fast-food company said it had a profit of 84 cents per share. Earnings were $1.10 per share, adjusted for non-recurring costs. That beat Wall Street expectations, which were $1.05 per share.

Meanwhile,

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World-Wide Business Centres
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