McDonald’s UK to Create 2.5K Jobs and 4 Hot Stocks Seeing Action Today
Coach Inc. (NYSE:COH): Current price $51.74
North American direct sales rose 2% for the quarter with comparable store sales down 2%. At point of sale, sales in North American department stores were modestly below their prior year levels while shipments into this channel declined. International sales increased 12% to $411 million. Chinese results continued very strong, with total sales growing 40% and comparable store sales rising at a double-digit rate. Shipments into the international wholesale accounts declined modestly, while underlying POS sales trends remained robust. In Japan, sales declined 2% on a constant-currency basis while dollar sales were 7% below the prior year, reflecting the weaker yen.
McDonald’s Corp. (NYSE:MCD): Current price $92.82
McDonald’s Corp.’s United Kingdom announced plans to create at least 2,500 new jobs this year, taking their UK workforce to 93,500 by the end of 2013. The new jobs build on 3,500 jobs that McDonald’s created in 2012 – 1,000, more than estimated. McDonald’s UK noted that they have added more than 20,000 people to their workforce during the last five years.
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Microsoft Corporation (NASDAQ:MSFT): Current price $27.42
According to reports from Michael J. de la Merced and Nick Wingfield in The New York Times, Microsoft Corporation is having discussions to help finance a takeover bid for Dell that would exceed $20 billion. Microsoft is expected to contribute up to several billion dollars. They wrote that an investment by Microsoft could be enough to push a leveraged buyout of the struggling computer maker over the goal line.
Google Inc. (NASDAQ:GOOG): Current price $745.80
Google Inc. got a belated gift from the holiday-shopping season. In their traditionally strongest quarter, the Internet search giant hauled in $2.89 billion, or $8.62 a share in their fourth quarter, compared with $2.71 billion ($8.22 a share) a year ago. Excluding certain items, Google reported a profit of $10.65 a share, exceeding analysts’ estimates.
Cyberonics Inc. (NASDAQ:CYBX): Current price $44.56
Short selling blog TheStreetSweeper said in an emailed statement that their new investigative report on Cyberonics Inc. “raises serious questions about the only product that the company sells.” The blog said that shares could lose half their value.
Don’t Miss: McDonald’s Leaves Room for Future Stomach Aches.