Mcdonalds Stock News

"Leaving Is Not An Option" - Deutsche Bank CFO Defends Decision To Remain In Russia At this point, dozens, if not hundreds, of western multinationals have abandoned their business in Russia, some of them have walked away from assets worth billions of dollars . Just the other day, McDonald''s and Coca-Cola "temporarily" abandoned their own businesses in Russia (for the duration of the war). Starbucks and Pepsi have made similar moves. But amid reports about their heavy IT reliance on St. Petersburg (not to mention the German economy''s massive dependence on Germany natural gas and oil), German banking giant Deutsche Bank has decided to defend its decision to continue operating in Russia during the war. Speaking during a Thursday interview, DB CFO James von Moltke defended the bank''s decision to stay, saying it hinged on its duty of care to clients that still operates in the country. The decision comes as other major banks make moves to pull out of Russia, notably Goldman Sachs said Thursday that it was winding down its business in the country, while HSBC on Monday told employees to cease their dealings with Russian banks.

Threat to democracy: Kejriwal urges PM Modi not to defer MCD polls

Delhi Chief Minister Arvind Kejriwal on Friday urged Prime Minister Narendra Modi to let MCD elections take place in the national capital, saying postponing polls weakens the democratic system.

Vaccine maker Bharat Biotech said on Friday the Russia-Ukraine conflict had not impacted the company''s supply chains so far. Unlike several Western companies including McDonald''s, Microsoft, Coca-Cola and Starbucks that have stopped sales or operations in Russia, no Indian company has publicly withdrawn from the region.

Polish Ambassador Says Sanctions On Russia Should "Last For A Decade, Maybe 15 Years" Poland’s Ambassador to the United States, Marek Magierowski, wants the new US and EU-led sanctions on Russia which came in the aftermath of its Feb.24 invasion of Ukraine to last for ten or up to 15 years. He described in a live interview with CNN’s Christiane Amanpour on Thursday that the sanctions should "last for a decade, maybe 15 years." Also amid allegations that Russian forces are targeting hospitals, which are similar to claims made in Aleppo during Russia''s prior years'' military action there, Magierowski cited "acts of barbarism in Ukraine" that he called "war crimes, atrocities." Poland’s Ambassador to the US, Marek Magierowski On this point, he said, "I do believe and I am confident that Mr. Putin and his cronies and all his closest aides will end up in the dock, in the Hague, in the International Criminal Court, because this is what he has already fully deserved," according to CNN. Here''s what he told Amanpour in the interview on how long-lasting Russia''s total economic isolation should be: “I think that if we wanted to retaliate for that invasion against Ukraine with punitive measures and by crippling the Russian economy, we have to be determined and ready to uphold the sanctions in a longer term .

As Thursday draws to a close in Kyiv and in Moscow, here are the key developments of the day: No breakthrough came from the highest-level Ukraine-Russia meeting since fighting began . Ukrainian Foreign Minister Dmytro Kuleba and his Russian counterpart Sergey Lavrov reached no significant agreement in Antalya, Turkey, in the countries'' first cabinet-level meeting since the start of the invasion on Feb. 24. The toll of Russia''s attack on a maternity hospital in Mariupol becomes clearer . Ukrainian officials say three people died, including one child , and at least 17 people were wounded in Wednesday''s attack. Russian authorities claim the hospital was used as a paramilitary base. Russia''s Embassy in the U.K. claimed in a tweet that a pregnant beauty blogger "played" an injured victim for photos with "realistic makeup." Mariupol, meanwhile, remains under siege. These satellite images show the devastation . The U.S. still believes a no-fly zone over Ukraine could result in a larger war. Secretary of State Antony Blinken said either a full or limited no-fly zone would "almost certainly" lead to a direct confrontation between Russia and the U.S. and NATO.

Dogecoin (CRYPTO: DOGE ) was trading more than 5% lower at one point on Thursday in sympathy with Bitcoin (CRYPTO: BTC ) and Ethereum (CRYPTO: ETH ), which had fallen over 5% and 4%, respectively, by late afternoon. On Wednesday, Dogecoin co-creator Billy Markus retweeted a meme , first posted by @TeslaAIBot that appeared to recirculate a rumor that McDonald''s Corp (NYSE: MCD ) may begin to accept the meme-crypto as payment. In January, McDonald''s teased at the idea on Twitter Inc (NYSE: TWTR ), bantering back and forth with Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk. But after the fast-food giant’s Super Bowl LVI commercial aired on Feb. 13, it became apparent McDonald''s had not decided to accept the coin. Markus is likely circulating the meme for fun because after the McDonald’s commercial aired, Markus took … Full story available on Benzinga.com

A whale with a lot of money to spend has taken a noticeably bearish stance on McDonald''s . Looking at options history for McDonald''s (NYSE: MCD ) we detected 19 strange trades. If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 57% with bearish. From the overall spotted trades, 7 are puts, for a total amount of $367,547 and 12, calls, for a total amount of $472,125. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $210.0 to $240.0 … Full story available on Benzinga.com

The Centre will have to make an amendment to the Delhi Municipal Corporation (DMC) Act to unify the three municipalities — South, North and East MCDs.

The chain''s roughly 800 locations there are "fully franchised and managed by a local master franchisee," the company said. That means Restaurant Brands International, which owns the burger chain, cannot simply pull the plug on those restaurants, as other brands, including McDonald''s, have done in Russia.

McDonald''s made the first call in fast food, and says it could lose out on $50 million a month. Starbucks, Yum, and Papa John''s have all followed.

Thursday afternoon''s top analyst upgrades and downgrades included Hormel Foods, KB Home, McDonald''s, NetApp and Toll Brothers.

CSCO and MCD fell on separate analyst downgrades. BASE posted a double-digit percentage loss on earnings news. SWIM advanced following the release of its quarterly update.

Shares in Amazon.com ( AMZN , $2,785.58) popped at Thursday''s opening bell in an otherwise down market after the e-commerce colossus said it would effect a 20-for-1 stock split and buy back up to $10 billion of its shares. The Amazon stock split will be the fourth in the company’s history, and it follows on the heels of Google parent Alphabet''s ( GOOGL ) own 20-for-1 split announced in February . SEE MORE 15 Stock Picks That Billionaires Love And just as with Google''s move, Amazon''s stock split could open the door for its inclusion in the elite Dow Jones Industrial Average one day. The Details on the Amazon Stock Split and Buybacks Amazon, which announced the stock split late Wednesday, will give each shareholder 19 additional shares for each share held (pending shareholder approval, of course) on June 3. The company said AMZN stock will begin trading on a post-split basis on June 6. Based on current levels, shares would go for just under $140 apiece following the Amazon stock split. That should make AMZN shares more attractive to retail investors currently put off by the four-figure sticker price of more than $2,900. "This split would give our employees more flexibility in how they manage their equity in Amazon and make the share price more accessible for people looking to invest in the company," an Amazon spokesperson said.

A Russian has filled his fridge with McDonald''s while others are selling burgers for $328 (£250) after the restaurant said it will close its 850 locations across Russia.