Summary
CHICAGO -- McDonald's Corp. said Thursday that stronger-than- expected September sales pushed preliminary third-quarter profit well above Wall Street estimates, backed by a comeback in Europe and accelerated U.S. momentum that have its two biggest markets surging.
The upside surprise from the world's largest fast-food chain prompted several analysts to upgrade its stock. McDonald's shares jumped to the latest in a series of six-year highs, leading the Dow Jones industrial average into record territory.See the full content of this document
Extract
A Surprise Mcdonald's Rise
Shares in the company, based in Oak Brook, Ill., rose 98 cents, or 2.4 percent, to close at $42.23 on the New Yo...
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