"McDonald's held over $2 billion in cash and cash equivalents on its balance sheet as of Jan. 1 and operating margins are sturdy at over 25%. The company has more than adequate cash flow to proceed with its planned $5.5 billion share buyback program."
Article his HERE
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1 comment:
When Obama took office in January 2009, MCD was about $63. Now MCD is about $52. Thanks a lot Don Thompson for supporting ($30,000 worth) Obama who has reduced shareholders equity. It's about time shareholders feel the pain that operators have been feeling for a long time.
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