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MCD / McDonald's and Wendy's triumph in false advertising lawsuit

McDonald's Corp (NYSE:MCD) and The Wendy's Company (NASDAQ:WEN) have come out victorious in a lawsuit which accused the fast food chains of false advertising, claiming the US companies sold smaller and less appetising burgers than the ones depicted in their ads. Filed back in 2022, the lawsuit and its plaintiff, Justin Chimienti, alleged the chains used undercooked patties in ads, claiming a food stylist who had worked for both companies had said they prefer for the meat to not be fully cooked as it is “less appetising”. Read More

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Posted: Oct 4 2023, 10:26

Author Name: Proactive Investors

MCD News

By The Motley Fool
November 4, 2023

1 Huge Green Flag for McDonald's Stock in 2023

The fast food giant's profit margin is hovering near record territory. But keep a close watch on customer traffic going forward.

By InvestorPlace
November 2, 2023

Invest in the Future: Buy & Hold Visa, McDonald's and Microsoft Forever

The uncertainty surrounding interest rates and the mixed earnings have pressured investor sentiment. With the holiday season upon us, now is also a go

By Zacks Investment Research
November 1, 2023

McDonald's (MCD) Beats Overall in Q3: ETFs to Benefit

McDonald's Corporation (MCD) reported third-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate.

By New York Post
October 31, 2023

McDonald's McCrispy chicken sandwich becomes $1B brand worldwide after getting fresh name

McDonald's revealed in an earnings call Monday that its rebranded Crispy Chicken Sandwiches — which are now known as the McCrispy — have grown to

By Fox Business
October 31, 2023

McDonald's CEO warns California minimum wage hike will hurt franchisees

McDonald's is warning that California's minimum wage hike to $20 an hour for minimum wage workers will have an impact on franchisees as they deal with

By 24/7 Wall Street
October 31, 2023

McDonald's Food Prices Rise — in California

Most retailers must be unhappy with a new law that brings the minimum wage up to $20.

By Invezz
October 30, 2023

Should you buy McDonald's stock after its Q3 earnings?

McDonald's Corp (NYSE: MCD) ended close to 2.0% up on Monday after reporting solid results for its third financial quarter. McDonald's stock has upsid

By Market Watch
October 30, 2023

McDonald's set up well for 2024 with catalysts ahead, says Wells Fargo

McDonald's Corp., which reported better-than-expected third-quarter results before market open Monday, is well positioned for 2024, according to Wells

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