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Company News Briefs: Apple To Cut Prices, McDonald’s Posts Comparable Sales Numbers Of 5.1%
By Zacks Investment Research on June 9, 2009 | More Posts By Zacks Investment Research | Author's Website
Apple (NASDAQ:AAPL) halved its iPhone price to $99, and also slashed prices on products including notebook computers. A faster model iPhone was also introduced
McDonald’s (NYSE:MCD) posted comparable sales numbers for May of 5.1%, which failed to equal April’s 6.9% advance
Goldman Sachs (NYSE:GS) downgraded shares of Burlington Northern (NYSE:BNI), and raised CSX (NYSE:CSX)
Morgan Stanley (NYSE:MS) downgraded shares of Nucor (NYSE:NUE)
Google (NASDAQ:GOOG) and eBay (NASDAQ:EBAY) will present at the Credit Suisse (NYSE:CS) convergence conference
Qualcomm (NASDAQ:QCOM) will present at the UBS (NYSE:UBS) Tech and Service conference at 12:45 PM ET
Procter & Gamble (NYSE:PG) and Coca-Cola (NYSE:KO) are due to present at the Deutsche Bank (NYSE:DB) global consumer and Food Retail Group
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