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McDonald's says turnaround taking hold as sales rebound
October 22, 2015 MONEY (MSM)

McDonald's says turnaround taking hold as sales rebound

“While still in the early stages, we believe our turnaround plan is starting to generate the change needed to reposition McDonald’s as a modern, progressive burger company,” Easterbrook said in a statement. The United States, McDonald’s top profit market, reported a surprise 0.9 percent increase in sales at restaurants open at least 13 months. McDonald’s said breakfast items and its new Premium Buttermilk Crispy Chicken Deluxe sandwich helped the division

Caterpillar cuts 2015 profit outlook, sees 2016 sales drop
October 22, 2015 MONEY (MSM)

Caterpillar cuts 2015 profit outlook, sees 2016 sales drop

Caterpillar Inc (CAT.N) on Thursday reported lower quarterly profits, cut its 2015 earnings forecast and warned its revenue would tumble in 2016, weakened by slower economic growth in China and a recession in Brazil. The company said it saw full-year 2015 earnings per share at $3.70, down from the $4.70 seen in the second quarter. Excluding restructuring costs, it lowered its full-year EPS forecast to $4.60 from $5.00 seen in