Steve Easterbrook

In a report published Monday, UBS analyst Keith Siegner argued that McDonald's Corporation (NYSE: MCD)'s restructuring announcement is a "good start" but the timing of progress against financial strategic initiatives was slower than some had happened. "As we expected, McDonald's financial strategic...

McDonald's Corporation (NYSE: MCD) on Monday announced "initial steps" of a turnaround plan which includes a restructuring of McDonald's worldwide business and financial updates. "Today we are announcing the initial steps to reset and turn around our business,"...

Although McDonald's Corporation (NYSE: MCD) came out with worse than expected first quarter earnings earlier on Wednesday. CNBC’s Jim Cramer was seen weighing in on McDonald’s results and praising the company’s CEO. Giving Hope “This was not a bad quarter,...

Credit Suisse initiated coverage on McDonald's Corporation (NYSE: MCD) Wednesday with a Neutral rating and $99 price target. Analysts led by Jason West commented that the price target implied a 12x NTM EV/EBITDA which recognized the "stability" of the company's franchised...

McDonald's Corporation (NYSE: MCD) announced on Wednesday evening that its Chairman and CEO Don Thompson will retire on March 1 after less than three years on the job. Steve Easterbrook, the company's chief brand officer, will assume top ranks. Brian Sozzi of Belus Capital Advisers...