(Reuters) - McDonalds Corp (MCD.N) Chief Executive Officer Don - TopicsExpress



          

(Reuters) - McDonalds Corp (MCD.N) Chief Executive Officer Don Thompson owned up to some corporate image problems on Tuesday after it posted a nearly one-third drop in quarterly profit and warned that its global restaurant sales would fall again this month. Stock in the fast-food chain, which Thompson conceded is sometimes seen as little more than a manufacturing plant, was down 0.6 percent at $91 in afternoon trading after reporting a 30 percent fall in third-quarter net income to $1.07 billion and traffic declines in every major region. read more at reuters/article/2014/10/21/us-mcdonalds-results-idUSKCN0IA1BT20141021
Posted on: Wed, 22 Oct 2014 05:25:43 +0000

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