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Disney is rallying after the new Avengers movie blasts box office records (DIS)

Disney’s “Avengers: Infinity War” broke domestic and international weekend box office records, beating out “Star Wars: The Force Awakens” by more than $2 million. The super-hero flick was also one of the most expensive to produce, accounting for more than 5% of Disney’s Studio Entertainment costs last year. Watch Walt Disney shares trade in real-time here. …read more […]

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Gourmet burgers, global sales drive McDonald's results beat

A multiyear turnaround plan launched by Chief Executive Steve Easterbrook three years ago, has brought menu changes, new technology to stores and restaurant upgrades to drive more traffic. High-margin “gourmet” burgers which offer fresh and more expensive ingredients, costing $6 or $7 a time compared to the chain’s $1 to $3 value options, raised the overall average U.S. check value. Sales at McDonald’s U.S. restaurants rose 2.9 percent, topping analysts expectations of 2.7 percent, according to Thomson Reuters I/B/E/S. …read more […]