Fox Lake Towing and Recovery

McDonald's Corp (MCD) said that global sales at stores open at least one year rose 4.9% in August, driven by a strong performance in the U.S.

U.S. comparable sales gained 4.6%, thanks to sales of fruit and coffee drinks, McDonald's said in a statement. Comparable sales in the Asia/Pacific, Middle East and Africa jumped 7.8% thanks to strong growth in Japan, China and Australia.

Continue reading McDonald's Comparable Sales Rose 4.9% in August

McDonald's Comparable Sales Rose 4.9% in August originally appeared on DailyFinance on Thu, 09 Sep 2010 08:13:00.

Filed Under: Company News, Earnings, McDonald's, Retail

Tyson Foods's profit will continue to increase as the biggest U.S. meat processor will benefit further from little-changed overall protein supply as well as an expected reduction of its own debt.

Continue reading Tyson Expects to Build on Record Earnings With More Supply, Less Debt

Tyson Expects to Build on Record Earnings With More Supply, Less Debt originally appeared on DailyFinance on Wed, 08 Sep 2010 19:09:00.

Filed Under: Earnings

Shares of computer makers Intel Corp. and Hewlett-Packard Co. were downgraded by UBS amid concerns that weak demand will force the companies to dramatically cut prices.

Continue reading UBS Downgrades Intel and Hewlett-Packard Citing Weak Demand

UBS Downgrades Intel and Hewlett-Packard Citing Weak Demand originally appeared on DailyFinance on Wed, 08 Sep 2010 17:00:00.

Filed Under: Technology, Earnings, Hewlett-Packard, Intel

Smithfield Foods reported an upswing in profits for its fiscal first quarter Wednesday as costs fell and sales rose. The CEO touted strength in pork and hog production segments.

Continue reading Smithfield Foods Earnings: Top Pork Company Brings Home the Bacon

Smithfield Foods Earnings: Top Pork Company Brings Home the Bacon originally appeared on DailyFinance on Wed, 08 Sep 2010 08:33:00.

Filed Under: Company News, Economy, Earnings