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Boeing scales down 747-8 airplane production on lower demand Boeing Co. reported softening demand for its 747-8 passenger and freighter planes, prompting the aircraft manufacturer to reduce production to 1.75 airplanes per month from 2. Nonetheless, the company says it expects air cargo market growth to resume in 2014. Boeing has filled 46 of 110 orders for the planes, which it touts as quieter and more fuel efficient than other models. Boeing adjusts airplane [...] April 19th, 2013 | Tags: Air Cargo Market, Aircraft Manufacturer, Ap Poll, Boeing Co, Challeng, Comparable Sales, Don Thompson, Ecb, Europe 1, Fannie Mae, Fed Study, German Business, German Finance Minister, Global Economy, Global Environment, Global Markets, Gold Slide, Headwinds, Month Of April, News Weekly, Pre Market, Profitable Growth, Thin Ice, Warning Signs, Wirtschaftswoche, Wolfgang Schauble, World Boeing | Category: All | Leave a comment
McDonald’s Earnings Whiff, And The Company Says Global Same-Store Sales Growth Now Trending ‘Negative’ From the release: OAK BROOK, IL - McDonald’s Corporation today announced results for the third quarter ended September 30, 2012. In constant currencies, the Company posted higher revenues and earnings per share compared with the prior year while operating income was flat. On an as reported basis, revenues were relatively flat and operating income and earnings per share decreased, reflecting the [...] October 19th, 2012 | Tags: Chief Executive Officer, Comparable Sales, Competitive Advantages, Don Thompson, Earnings Per Share, Foreign Currency Translation, Oak Brook, Officer Don, Operating Income, Profitable Growth, Quarter Ended September, Restaurant Chains, S Corporation, S System, Sales Momentum, Term Opportunities, Third Quarter Ended September, Whiff, World Economy, Wsj | Category: All | Leave a comment
Anthony Gucciardi After shareholders proposed altering the McDonald’s menu to help cut down on climbing obesity rates, particularly childhood obesity rates, it was quickly rejected by both the corporate board and retiring Chief Executive Jim Skinner. Instead of adopting the policy, which was actually drafted in an attempt to enhance worker productivity and overall quality of life, the former CEO instead stated that he was ‘proud’ of McDonald’s menu changes. The [...] May 28th, 2012 | Tags: Base Ingredients, Chicken Nugget, Childhood Obesity, Dangerous Substance, Dextrose, Don Thompson, Food Items, Food Options, Healthy Salads, Infowars, Jim Skinner, Main Ingredient, Mcnuggets, Menu Changes, Obesity Rates, Sodium Phosphate, Toxic Substances, Wheat Starch, Worker Productivity, Yeast | Category: All | Leave a comment
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