McDonalds Profit Jumps on Strong Global Sales
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The reported earnings of $1.07 billion keep the worldâs largest restaurant chain on a sustained roll around the globe.
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McDonald's Corp. on Friday said  quarterly net profit more than tripled as its U.S. business  improved further and signaled it might pursue a spinoff or  other options for its Chipotle Mexican-style restaurant chain.
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McDonald's Japan, the nation's largest  fast-food chain, said on Thursday it returned to profit in the  year ended Dec. 31, thanks to sizzling sales and restructuring,  and forecast a further rise in 2005.
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Goldman Sachs Group Inc.  on Thursday said fourth-quarter profit rose as its fixed-income, currency and commodities business soared while a rebounding stock market boosted investment banking.
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The company said profit in the latest quarter rose more than 10 percent on strong sales to mining, energy and construction customers outside the United States.
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McDonald's Japan, the nation's largest fast-food chain, said on Thursday it returned to profit in the year ended Dec. 31, thanks to sizzling sales and restructuring, and forecast a further rise in 2005.
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McDonaldâs reported a fourth-quarter profit of $1.27 billion on Monday, but warned that sales at restaurants open at least a year were flat last month.
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McDonald's Corp. MCD.N on Thursday  said sales at its namesake restaurants open at least 13 months  rose 4.2 percent in November as U.S. results were boosted by an  "Incredibles" Happy Meal tie-in.
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McDonald's Corp.  on Friday reported higher quarterly earnings on strong U.S. sales of products like its new Chicken Selects fried chicken strips, though changes in the way it accounts for leases trimmed results.
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Shares of McDonald's Corp. MCD.N  rose nearly 2 percent on Tuesday as investors bet that the  second change in the restaurant chain's top post this year  would not threaten its nearly two-year-old turnaround.
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Switching focus to a new menu helped boost sales and earnings at McDonald's, the fast food giant says.
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New menu items helped lift McDonald&#39;s to a 16th consecutive increase in monthly comparable sales, the fast-food giant said Wednesday, and more sandwiches are on the way.
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McDonald's Corp.  on Friday said November sales at hamburger restaurants open at least 13 months rose 6.2 percent, boosting the company's shares to a seven-year high, as Snack Wraps and family game promotions kept customers coming back.
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Stocks edged higher at the opening on   Tuesday, helped by a stronger-than-expected rise in same-store   sales at McDonald's Corp. MCD.N and unexpectedly good results   from Goldman Sachs Group Inc. GS.N.
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McDonald's Corp. MCD.N said on  Friday it generated $3.9 billion in cash from its operations in  2004 due to a strong performance from its restaurants open for  at least a year.
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McDonald&#39;s Corp., the world&#39;s largest restaurant chain, said third-quarter profit rose to about 61 cents a share, beating analysts&#39; estimates, on higher sales in the US and a lower tax rate.
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McDonald's Corp.  said on Monday it expects to report quarterly earnings before items above Wall Street estimates on its strongest quarterly sales in three years.