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John Glass of Morgan Stanley asks about the refranchising operations in China, Hong Kong and Korea. CEO Steve Easterbrook said the company's run rate in China is typically around 250 restaurant openings a year and $MCD wants to find the right strategic partner that meets or exceeds this number.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.