Global sales, U.S. spending serve McDonald’s results beat
(Reuters) – McDonald’s Corp blew past analysts’ forecasts for profit and sales on Monday, helped by strength in overseas markets and U.S. consumers on average spending more in its restaurants.
Wall Street rises on strong earnings, M&A boost
(Reuters) – U.S. stocks rose on Monday as strong earnings reports from McDonald’s and a slate of merger announcements lifted sentiment, while inflation worries were kept in check after tepid data on U.S. income and spending.
Gourmet burgers, global sales drive McDonald’s results beat
(Reuters) – McDonald’s Corp reported first quarter results that topped analysts’ forecast on Monday, helped by strength in international markets and U.S. consumers opting for more expensive burgers over value meals.
Allergan tops estimates as Botox drives gains
(Reuters) – Botox maker Allergan Plc reported a better-than-expected quarterly profit on Monday and raised its full-year forecast for adjusted net income, driven by higher sales of its medical aesthetics products including the blockbuster wrinkle trea…
Wall Street set for gains on strong earnings, M&A activity
(Reuters) – U.S. stock indexes were on track to open higher on Monday as strong earnings and a string of mergers lifted spirits, kicking off a busy week for inflation watchers.
U.S. treasury chief: ‘Cautiously optimistic’ on China trade talks
WASHINGTON (Reuters) – U.S. and Chinese officials will hold highly anticipated trade talks in China on Thursday and Friday, U.S. Treasury Secretary Steven Mnuchin told Fox Business Network, saying he was “cautiously optimistic” about the meeting.
Allergan tops estimates as Botox, aesthetics products drive gains
(Reuters) – Allergan Plc’s quarterly profit topped Wall Street forecasts, driven by higher sales of its medical aesthetics products including blockbuster wrinkle treatment Botox.
Canada’s stock market set to reopen after rare shutdown
TORONTO (Reuters) – Canada’s stock exchange, the world’s sixth largest, is set to reopen on Monday after its operator said over the weekend that it fixed the error that halted the market for several hours on Friday afternoon.
Germany wants wider trade talks with U.S. even if tariffs hit
BERLIN (Reuters) – Germany on Monday dampened hopes that an exemption from U.S. tariffs on steel and aluminum could be extended for European Union countries, but called for trade negotiations to continue regardless of whether the levies are applied.
Exclusive: U.S. EPA grants biofuels waiver to billionaire Icahn’s oil refinery – sources
NEW YORK (Reuters) – The U.S. Environmental Protection Agency has granted a financial hardship waiver to an oil refinery owned by billionaire Carl Icahn, a former adviser to President Donald Trump, exempting the Oklahoma facility from requirements unde…
