McDonald's Corporation
News and overview for McDonald's Corporation
Las Vegas Sands looks to raise $2.5 billion with Hong Kong initial public offering
Orlando Sentinel (Fla.) | 21 days 18 hours 9 minutes ago
HONG KONG (AP) — U.S. casino operator Las Vegas Sands Corp. aims to raise $2.5 billion through an initial public offering in Hong Kong this month to help repay massive debts and restart languishing casino projects in Macau , a document showed Monday.
Darden customers to create their own seafood feast
Nation's Restaurant News | 7 days 13 hours ago
Orlando, Fla. ( Nov. 16, 2009 ) Darden Restaurants has some new promotions at two of its chains.
Cornell Case Studies Profile Innovative Hospitality Firms
Hotel News Resource | 6 days 6 hours 9 minutes ago
Hospitality and hotel case studies show how innovators exploit technology and fill market gaps
Earmarks sponsored by and campaign contributions to Hawaii Sen. Daniel Inouye
Orlando Sentinel (Fla.) | 21 days 14 hours 4 minutes ago
Hawaii companies that would benefit from earmarks sponsored by U.S. Sen. Daniel Inouye , D-Hawaii, that are in the Senate version of the fiscal year 2010 defense appropriations measure. The firms' executives and other employees have contributed to Inouye's campaign committees since 1997.
Schering posts boceprevir trial data, including results for patients not helped by other drugs
Orlando Sentinel (Fla.) | 21 days 18 hours 9 minutes ago
NEW YORK (AP) — Schering-Plough Corp. said its experimental hepatitis C drug boceprevir helped eliminate the virus in about half of patients who did not respond to standard treatments.
Bouquets That Bear Fruit
New York Times, The | 16 days 6 hours 12 minutes ago
I WAS born in Pakistan and came to the United States in 1981, when I was 11. My grandfather owned a farm in Pakistan and we had been fairly well-to-do. We started at the bottom when we came here. My father found a job as a machinist during the day and worked at McDonald’s and Burger King at night.
Microsoft Turns on a Dime to Beat Back Google Apps
E-Commerce Times | 20 days 9 hours 10 minutes ago
Is a price war for email cloud offerings on the horizon? Although Microsoft has just taken the plunge into Google's $5 bargain basement, others have already set their prices even lower for comparable services -- e.g., IBM at $3, Rackspace at just $1. Microsoft's sudden decision doesn't bode well for its partners, though, who may feel as though Redmond has left them out in the cold.
Consumers Energy ordered to refund Mich. customers money 6 months after raising electric bills
Orlando Sentinel (Fla.) | 21 days 8 hours 1 minute ago
LANSING, Mich. (AP) — Consumers Energy has been ordered to give electric customers a partial refund six months after Michigan's second-biggest utility was allowed to increase power bills.
South Dakota Public Utilities Commission to hold public hearing on Keystone XL pipeline
Orlando Sentinel (Fla.) | 20 days 14 hours 29 minutes ago
PIERRE, S.D. (AP) — The Public Utilities Commission gets comments from the public Tuesday evening in Pierre on the $920 million, 313-mile stretch of the Keystone XL pipeline that TransCanada Keystone plans to build across western and south central South Dakota .
Merck: FDA won't accept its application for combo cholesterol pill including Pfizer's Lipitor
Orlando Sentinel (Fla.) | 21 days 12 hours 10 minutes ago
WHITEHOUSE STATION, N.J. (AP) — U.S. regulators won't accept drugmaker Merck 's application for a new combination cholesterol pill that includes rival Pfizer 's Lipitor , the world's top-selling drug.
Berkshire Hathaway board OKs 50-for-1 split of Class B common shares; holder vote needed
Orlando Sentinel (Fla.) | 20 days 17 hours 4 minutes ago
NEW YORK (AP) — Warren Buffett 's Berkshire Hathaway Inc. is sending a plan to split the iconic company's Class B shares to a shareholder vote.
Berkshire Hathaway is buying Burlington Northern in a deal valuing the railroad at $34 billion
Orlando Sentinel (Fla.) | 20 days 17 hours 29 minutes ago
NEW YORK (AP) — Warren Buffet's Berkshire Hathaway says it has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at $34 billion.
Moody's raises Ford credit ratings citing improved product lineup, cost improvements
Orlando Sentinel (Fla.) | 21 days 10 hours 57 minutes ago
NEW YORK (AP) — Moody's Investors Service on Monday raised its corporate family rating for Ford Motor Co. to "B3" from "Caa1," citing the progress the automaker has made toward improving its product portfolio and cost structure while preserving its cash reserves.
BNY Mellon, US Bancorp opt out of program extending FDIC insurance for accounts over $250,000
Orlando Sentinel (Fla.) | 21 days 6 hours 15 minutes ago
NEW YORK (AP) — Two banks which have repaid their bailout funds said Monday they no longer need to take advantage of a special program that offers government insurance on certain deposits, like checking account funds, over $250,000.
South Dakota regulatory commission begins hearing on Keystone XL crude oil pipeline
Orlando Sentinel (Fla.) | 21 days 7 hours 24 minutes ago
PIERRE, S.D. (AP) — A crude oil pipeline that TransCanada Keystone wants to build across western South Dakota would face medical, housing and supply challenges because the areas it would run through are remote and sparsely populated, a company official said Monday.
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Company Overview
| Company: | McDonald's Corporation |
|---|---|
| Industry: | Fast-Food & Quick-Service Restaurants |
| Website: | http://www.mcdonalds.com |
Serving billions of hamburgers has put a shine on these arches. McDonald's is the world's #1 fast-food company by sales, with about 32,000 restaurants serving burgers and fries in about 120 countries. (There are nearly 14,000 Golden Arches locations in the US.) The popular chain is well-known for its Big Macs, Quarter Pounders, and Chicken McNuggets. Most of its outlets are free-standing units, but McDonald's also has many units located in airports and retail areas. Each eatery gets its food and packaging from approved suppliers to ensure that a Big Mac purchased in Pittsburgh tastes the same as one bought in Beijing. Nearly 80% of the restaurants are run by franchisees or affiliates.
Key Numbers
| Sales in U.S. Dollars (mil.) | 23,522.4 (2008) |
|---|---|
| One-year % Growth in Sales | 3.2 (2008) |
| Net Income in U.S. Dollars (mil.) | 4,313.2 (2008) |
| One-year % Growth in Net Income | 80.1 (2008) |
| Number of Employees | 400,000 (2008) |
| One-year % Growth in Number of Employees | 2.6 (2008) |
| Fiscal Year-End | December |
