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>> MCDONALD'S Latest News

APR 22, 2013 - MarketWatch

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McDonald's downgraded by CLSA

NEW YORK (MarketWatch) -- McDonald's Corp. shares were cut to outperform from buy by CLSA on Monday. While CLSA still calls the fast-food giant the "best house on the block" in the U.S., it said most of the company's major informal eating out markets in Europe, Middle East and Africa are "either flat-lining or declining." Meanwhile in Asia, the weaker yen presents a "new complication" in Japan because the local market may be forced to raise prices because about 50% of its beef and other core protein consumption is imported at substantially higher prices. In China, there's concern regarding ... Read More

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