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Consumer Corner: Foreclosure settlement no magic bullet for economy
OAK PARK, Ill., Oct. 13 (UPI) -- Overseas markets have boosted McDonald's Corp. third-quarter earnings to 83 cents a share -- well above the 77 cents analysts had predicted.
September sales climbed 16.3 percent in Europe, while sales in the Asia-Pacific/Middle East market rose 20.4, the Chicago Tribune reported.
The Oak Brook, Ill.,-based fast food company estimates per-share earnings at 89 cents a share with the addition of a 6-cent one-time gain from the sale of its Boston Market division.
McDonald's global sales climbed 11.5 percent in September, adjusted to 7.2 percent for the conversion of foreign currencies. In the United States, sales grew by 3.5 percent last month, down from 7.1 percent a year ago.
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SYDNEY, Feb. 13 (UPI) --
Researchers in Australia are developing a solar roof system that uses wasted energy to warm air and water.
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WASHINGTON, Feb. 13 (UPI) --
GE Aviation announced it is expanding its business in the United States with the addition of three new manufacturing and development facilities.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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