Dow Jones Industrial Average started the rally, but the bulls remain cautious because of McDonald’s Corp collapse

Dow Jones Industrial Average is growing quickly and confidently cause of the Alcoa Inc.

In brief: Dow Jones Industrial Average is preparing for another leap up, but prevent bad news from the corporate sector and the collapse of McDonald's Corp shares.

Dow Jones Industrial Average is coming to a mark of 10,335.39 points, gaining +13.09 (0.13%). Dow Jones Industrial Average continues to be in the green zone, but the fall McDonald’s Corp shares do not give rest to the bulls today. McDonald’s Corp loses footing and falls -2,563%. Price per share is 69.570 USD. At the same time, grow Boeing Co shares (0.721%). Price per share is 67.080 USD.

In addition, McDonald’s Corp’s net profit rose to $ 1.23 billion, or $ 1.13 per share. At the same analysts expected a profit of $ 1.12 on the paper. At the same time interesting news came from Canada. The Canadian chain of stores within reach of Alimentation Couche-Tard has increased the purchase price of U.S. chain stores Casey’s General Stores at 75 cents per share in order to convince shareholders to support the deal. It is reported that the new proposal Alimentation Couche-Tard was $ 36.75 for each share of Casey’s. At the same time Casey’s advised shareholders to take no action until such time as she does not explore this proposal.

Igor Tringlers
2010-07-23 15:36, Economics.

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