financetom
Business
financetom
/
Business
/
Market Chatter: McDonald's Plans $35 Million in Marketing After E. Coli Outbreak
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: McDonald's Plans $35 Million in Marketing After E. Coli Outbreak
Nov 15, 2024 11:12 AM

12:12 PM EST, 11/15/2024 (MT Newswires) -- McDonald's (MCD) earmarked $35 million for marketing to help the US business recover from the impact of last month's E. coli outbreak, which was tied to the company's Quarter Pounders, The Wall Street Journal reported Friday, citing an internal message.

The planned investments include new advertisements focused on the company's food, the report said.

McDonald's didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 291.81, Change: -6.76, Percent Change: -2.26

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Genpact Q2 Adjusted Earnings, Revenue Rises; Q3 Outlook Issued, Full-Year Updated
Genpact Q2 Adjusted Earnings, Revenue Rises; Q3 Outlook Issued, Full-Year Updated
Aug 8, 2024
04:46 PM EDT, 08/08/2024 (MT Newswires) -- Genpact ( G ) late Thursday reported Q2 adjusted net income of $0.79 per diluted share, compared with $0.72 a year earlier. Analysts polled by Capital IQ expected $0.72. Revenue for the quarter ended June 30 was $1.18 billion, compared with $1.11 billion a year earlier. Analysts expected $1.14 billion. For Q3, the...
Verra Mobility Q2 Earnings, Revenue Rise
Verra Mobility Q2 Earnings, Revenue Rise
Aug 8, 2024
04:51 PM EDT, 08/08/2024 (MT Newswires) -- Verra Mobility ( VRRM ) reported Q2 adjusted earnings Thursday of $0.31 per share, up from $0.29 a year earlier. Analysts surveyed by Capital IQ expected $0.30. Revenue in the quarter ended June 30 rose to $222.4 million from $204.5 million a year earlier. Analysts polled by Capital IQ expected $220.4 million. The...
CleanSpark Stock Falls After Bitcoin Miner Postpones Q3 Earnings
CleanSpark Stock Falls After Bitcoin Miner Postpones Q3 Earnings
Aug 8, 2024
Shares of Bitcoin (CRYPTO: BTC) mining company CleanSpark Inc ( CLSK ) are sliding in Thursday’s after-hours session after the company delayed its fiscal third-quarter financial results. What Happened: CleanSpark ( CLSK ) was scheduled to report fiscal third-quarter earnings after the market close on Thursday. The company instead put out a press release postponing the report. CleanSpark ( CLSK...
Arrowhead Pharmaceuticals Fiscal Q3 Loss Widens; Secures $500 Million Credit Facility From Sixth Street
Arrowhead Pharmaceuticals Fiscal Q3 Loss Widens; Secures $500 Million Credit Facility From Sixth Street
Aug 8, 2024
04:49 PM EDT, 08/08/2024 (MT Newswires) -- Arrowhead Pharmaceuticals ( ARWR ) reported a fiscal Q3 loss late Thursday of $1.38 per diluted share, widening from a loss of $0.96 a year earlier. Analysts surveyed by Capital IQ expected a loss of $0.57. The company did not report any revenue for the quarter ended June 30, compared with $15.8 million...
Copyright 2023-2026 - www.financetom.com All Rights Reserved