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NEW YORK (TheStreet) -- Junk food chain McDonald's (MCD_) reported comparable-sales growth of 3.1% in Would probably. U.S. and Europe comparable sales were up 0.4% and 2.3%, respectively. Same-store sales rose 4.3% from the Asia/Pacific, Middle East and The african continent.
Tom Samuels, managing partner at Palantir Capital Management said, "The industry is trying to convince itself that best thing is best news and bad news is nice thing." Samuels also said, "The Dow has risen five of the past six weeks and presently less than 2 percent from its highest associated with the year, which it touched in late April." Interest percentage have been falling pending a Fed move.
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Recently, Equities sent out two bulletins touting the these stocks, Biophan Technologies (BIPH) and Callisto Pharmaceuticals (KAL). Biophan has a place cap of just $85 million and Callisto's is $45 m.
The Japanese automaker's sales in the states plummeted a eleven percent on an adjusted basis in April and were roughly flat in January to March. Toyota, which passed the Vehicle Corp. whilst the world's largest automaker typically the first quarter, posted in April its lowest monthly sales increase since August 2004. Overall U.S. light vehicle sales slipped with regard to an annualized rate of 06.27 million units in April, down from of sixteen.69 million in 2006, according to tracking service Autodata Corp.
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