McDonald’s Corp. (MCD) exceeded earnings and revenue expectations for the third quarter, but global comparable sales declined, leading to a premarket dip in shares. The company cited challenges in several international markets, including France, the UK, and China.
McDonald’s is set to release its third-quarter earnings on Tuesday, October 29th, with analysts expecting strong performance. This article provides a detailed look at analyst ratings, price targets, and key factors influencing McDonald’s upcoming earnings report.
As Delhi grapples with severe air pollution, the Municipal Corporation of Delhi (MCD) has allocated ₹2.4 crore to 12 zones to enhance air quality measures. The move comes as the city’s Air Quality Index (AQI) remains in the ‘very poor’ category, despite a slight improvement due to recent squally winds. The funds will be used to implement dust control measures, operate sprinklers, and deploy personnel to combat the pollution crisis.
McDonald’s stock is seeing a boost as multiple analysts raise their price targets, anticipating a strong third-quarter performance driven by menu innovation, successful promotions, and favorable foreign exchange rates. The company’s earnings report is expected to reveal positive same-store sales (SSS) growth and strong earnings per share (EPS).
Delhi Mayor Shelly Oberoi has condemned the order issued by the Lieutenant Governor (LG) VK Saxena directing the Municipal Corporation of Delhi (MCD) to conduct the Standing Committee election on September 27, calling it ‘illegal’ and ‘unconstitutional’. The AAP leader alleges that the BJP is trying to manipulate the election process by forcing an early vote and that the LG has no power to interfere in the functioning of the House.
Former US President Donald Trump will meet with Ukrainian President Volodymyr Zelenskyy in New York on Friday. The second Test match between India and Bangladesh will begin in Kanpur, with India leading the series 1-0. The MCD Standing Committee election in Delhi will be held on September 27th after a postponement.
A magisterial enquiry report revealed that Rau’s Study Circle coaching center in Old Rajinder Nagar, where three civil services aspirants died in a basement flood, had violated several safety norms, contributing to the flooding. The Delhi government has suspended an assistant engineer and terminated the services of a junior engineer involved in the area’s drainage system. The MCD has also launched a three-pronged action, including sealing illegal coaching centers and demolishing encroachments on stormwater drains.
Following the tragic deaths of three students in a coaching institute due to waterlogging in Delhi’s Old Rajinder Nagar, the Municipal Corporation of Delhi (MCD) has launched a sealing drive against coaching centers violating regulations. Mayor Shelly Oberoi led the crackdown, personally sealing a basement in Preet Vihar and ordering the closure of numerous centers in Rajinder Nagar and Mukherjee Nagar.
SriRam IAS coaching centre in Delhi faced criticism for a social media post deemed insensitive after three civil service aspirants died in a flooded basement. The institute issued a clarification, but users continued to express outrage, highlighting the lack of safety measures and the coaching industry’s perceived insensitivity. Meanwhile, the MCD sealed basements of 13 coaching institutes due to safety violations.
Following the tragic deaths of three IAS aspirants in a flooded basement of Rau’s IAS coaching centre in Old Rajendra Nagar, the Municipal Corporation of Delhi (MCD) has sealed the basements of 13 civil services coaching institutes. This action was taken due to violations of building regulations and aims to prevent similar incidents from occurring.
