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RECOVERY: MCDONALD’S SALES JUMP

* U.S. same-restaurant sales up 3.9 percent

* Europe same-restaurant sales up 2.7 percent

* Shares fall 2.6 percent (Adds analysts’ expectations, background)

CHICAGO, Sept 9 (Reuters) – McDonald’s Corp (MCD.N) reported a lower-than-expected 3.5 percent rise in global August sales at established restaurants on Friday, with all its markets disappointing analysts.

The world’s largest hamburger chain said sales at restaurants open at least 13 months rose 3.9 percent in the United States [...]

Not to worry. China will create jobs here.

by Jan Paul

quote
Oklahoma City, OKO, United States (AHN) – In what is considered to be the largest Chinese purchase of U.S. energy resources, the state-run China National Offshore Oil Corporation (CNOOC) has offered to pay $1.1 billion for a one-third share of a large Texas oil field owned by Oklahoma-based Chesapeake Energy Corp.

According to both companies’ public statements, CNOOC plans to buy 33.3 percent of Chesapeake’s lease of 600,000 acres [...]