NEW YORK, April 17, 2013 - cheapstocks.us, one of the leaders in providing investment alerts on U.S. stocks are announcing Investment Highlights on McDonald's Corporation, Starbucks Corporation, The Coca-Cola Company.
McDonald's Corporation(NYSE:MCD)shares decreased 0.17% to $102.82. The company, on April 12, announced that its board of directors has elected former McDonald's executive Steve Easterbrook as executive vice president and global chief brand officer.
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Easterbrook, 45, will have global responsibility for marketing, menu development and consumer and business insights. Easterbrook will succeed Kevin Newell, who recently assumed the new role of chief brand andstrategy officer for McDonald's USA.
Moreover, MCD‘s stock had its “buy” rating restated by analysts at Janney Montgomery Scott in a research report issued to clients and investors on April 16.They currently have a $115.00 price target on the stock.
Starbucks Corporation(NASDAQ:SBUX) shares declined 0.63% to $58.26. The company, on April 10, reported that it plans to release its second quarter fiscal year 2013 financial results after the market close on Thursday,April 25, 2013, with a conference call and webcast to follow at 2:00 p.m. PT.
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Additionally the company announced its plans to reduce the grocery list prices of its namesake and Seattle’s Best packaged coffee by a minimum of 10 percent on May 10, reported Reuters on April 12. Moreover, SBUX On April 4 announced that it has appointed Matthew Ryan as global chief strategy officer.
The Coca-Cola Company(NYSE:KO) shares climbed 0.07 % to $42.40. The Coca-Cola Company on April16 announced that it has taken a significant step toward its 2020 Vision by commencing implementation of a 21st century beverage partnership model in the United States.
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Under the new model, The Coca-Cola Company and five U.S. bottlers have agreed in principle to take the next step in creating a stronger U.S. business model through the granting of new, expanded territories. The fivebottlers are Coca-Cola Bottling Co. Consolidated, Coca-Cola Bottling Company United Inc., Swire Coca-Cola USA, Coca-Cola Bottling Company High Country and Corinth Coca-Cola Bottling Works Inc. As the model continues to evolve, the Company anticipates pursuing additional steps with these bottlers in the future.
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