McDonald’s Makes Its McRib a Regional Offering and 2 Other Dow Movers to Watch
McDonald’s Corp. (NYSE:MCD): Current price $97.49
This year, things are changing for McDonald’s McRib. The fast food colossus has been struggling to perfect an array of new menu items, and now says that the McRib will not be available nationally in 2013, leaving the decision to the local franchise groups whether to make available the pork sandwich complete with pickles, onions, and barbecue sauce. In the past three years, McDonald’s had placed the McRib on its national menu as a way to drive sales in the latter half of the year, but this time the sandwich will be a regional offering.
American Express Co. (NYSE:AXP): Current price $82.85
On Wednesday, U.S. Bank and American Express announced that the former will offer credit cards accepted on the American Express network starting next year. U.S. Bank is now working jointly with American Express to create programs for its customers, and expects to begin offering cards on the American Express network by fall 2014. The new American Express-branded cards will become available online, at U.S. Bank’s 3,088 branches and also by phone.
Microsoft Corp. (NASDAQ:MSFT): Current price $37.22
On Friday, which is going to be a very busy day in the tech world, Microsoft’s Xbox One, the new-generation games and entertainment system, will go on sale around to world. The console brings the most popular games, sports, live television, Skype, fitness, music and more to one single device, all available at the command of the user’s voice. To commemorate the event, the Xbox team will pay a visit to the NASDAQ MarketSite in Times Square; Yusuf Mehdi, VP Marketing and Strategy will ring the Opening Bell, assisted by members of the Xbox team, zombies and Roman soldiers.
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