McDonald's Posts Loss on Latin America Charge
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The restaurant giant posted a quarterly net loss of $711.7 million after taking a big charge for the sale of its outlets in Latin America.
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Walloped by charges, Boston Scientific posts a loss for the quarter.
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WASHINGTON -- Freddie Mac, the nation's second largest buyer and guarantor of home mortgages, reported a first-quarter loss of $211 million, mainly from erosion in the value of financial instruments it uses to hedge against interest rate swings.
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McDonald&#39;s Corp has raised its annual dividend 38 per cent to 55 US cents from 40 cents, with the total payout worth nearly $US690 million ($A993.
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HOUSTON - Executives of Continental Airlines Inc. on Tuesday reported a $16 million third-quarter loss, which includes $22 million in special charges related to retirement of leased MD-80 aircraft.
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LOS ANGELES/CHICAGO  - McDonald's Corp , the world's largest restaurant chain operator, on Monday posted flat U.S. same-store sales in December, sending its shares down 8 percent and weighing on the entire restaurant sector.
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TORONTO  - Molson Inc.  , Canada's oldestbrewer, reported a second-quarter loss on Thursday, hurt by animpairment charge on its Brazilian unit and weaker sales inCanada.
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MALELANE, South Africa  - Eight birdies helped unheralded Zimbabwean Bruce McDonald grab the first round lead with a six-under-par 66 in the 500,000 pounds (723,490 euro, 958,945 dollar) Dunhill Championship at Leopard Creek Country Club.
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The company said it expects to post its second quarterly loss in more than 50 years because of a hefty one-time charge.
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MCI Inc.'s MCIP.O quarterly loss  ballooned to $3.4 billion as the No. 2 U.S. long-distance  company wrote down the value of its assets due to a price war  in long-distance services, MCI said on Thursday.
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Continental Airlines (CAL.N: Quote, Profile, Research) on Tuesday posted a third-quarter loss, reversing a year-earlier profit, as it was hurt by record-high fuel
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McDonald's has agreed to pay &#36;8.5 million to settle a lawsuit over artery-clogging trans fats in its cooking oils, the company said on Friday.
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MCI Inc.&#39;s (MCIP.O: Quote, Profile, Research) quarterly loss ballooned to $3.4 billion as the No. 2 US long-distance company wrote down the value of its assets due to
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U.S. stocks were little changed on  Friday as disappointing earnings from McDonald's Corp. MCD.N  offset better-than-expected results from Microsoft Corp.  MSFT.O.
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McDonald's Corp.  said on  Friday it started an offer for shareholders to swap its stock  for Chipotle Mexican Grill Inc.  shares, part of the  burger giant's plan to shed its remaining Chipotle stake.
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McDonald's Corp.  on Friday said demand by its shareholders to exchange McDonald's shares for those of Chipotle Mexican Grill Inc.  far outstripped supply.
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McDonald's sees its first quarterly loss in almost five years as it retreats from parts of Latin America and the Caribbean.