McDonald’s (MCD) said that sales at stores open at least one year rose 4.8% in November from a year earlier.
Comparable sales rose 4.9% in Europe and the United States, and by 2.4% in the rest of the world, the company said in a statement.
“Contemp…
Yum Brands Inc, (YUM) owner of the KFC and Pizza Hut brands, is taking aim at the fast-growing African market for fast food.
The company, based in Louisville, Ky, plans to double the number of KFC restaurants in Africa to 1,200 by 2014, The Wall Stre…
Heavy equipment manufacturer Caterpillar is marketing a two-year 1 billion renminbi bond to institutional investors in Hong Kong. It’s only the second multinational company to test the waters of the “dim sum” market, and its o…
Among quarterly results scheduled for this holiday-shortened week, investors may be thankful for earnings results from Tyson Foods, the Arkansas-based poultry and meat producer. Analog Devices and Deere also are reporting.
…
McDonald’s Corp. (MCD) raised the prices of some of the items on its menu in Chinese stores because of higher costs.
The increase “is because of higher raw material prices and we’ve adjusted our prices accordingly,” Sophia Luan, spokeswoman for McDon…