McDonald's profits dip for first time in 27 years
McDonald's reports a 7 percent drop in fourth quarter earnings to 452 million dollars or 34 cents a share, missing expectations as European beef scares and currency effects weigh on results. Worldwide sales rise 2 percent to 4.92 billion, with Europe down 9 percent despite euro adjustments.
MENTIONED IN THIS ARTICLE
Chicago
McDonald's Corp
Europe
McDonald's
Wall Street
First Call
Thomson Financial
Jack Greenberg
Greenberg
United States
German investors suffer along with market's fall
German investors face heavy losses as the Neuer Markt tumbles after its 2000 peak. Dieter Ickstadt, a Frankfurt banker, reports about 20,000 dollars lost while others ride out declines. The Nemax 50 has dropped over 70 percent from its high, outpacing the Nasdaq's 45 percent fall, with a brief early year rally.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
Dieter Ickstadt
Neuer Markt
Frankfurt Stock Exchange
Unclear OCR Fragment with Mixed Numbers and Letters
Fragmentary OCR text mixed with numbers and stray letters. Possible catalog or ledger snippet lacking coherent narrative or identifiable entities. No clear events, people, places, or dates can be established from readable portions.
Company seeks deal for Girl Scout cookies
A northwest Ohio firm, Consolidated Biscuit Co., begins its first cookie batch for a Girl Scout council in Connecticut as one of three U S bakers licensed to produce the Scouts cookies. Girl Scout cookies provide a lucrative market, with nationwide sales accounting for about ten percent of all cookie sales.
MENTIONED IN THIS ARTICLE
McComb
Northwest Ohio
Consolidated Biscuit Co
United States
Consolidated
Connecticut
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