More McDonald's info

McDonald's (stock ticker symbol MCD) closed Friday at $73.99 which is up 0.83 (or 1.13%) from the previous day.  McDonald's tracks this on their investors website at:

http://phx.corporate-ir.net/phoenix.zhtml?c=97876&p=irol-stockquote

Additionally, the corporate governance tab on the McDonald's website displays most everything a potential investor would want to know about Mickey D's.  Feel free to check it out and click on any of the links on the left-hand-side to see most of the items for McDonald's that are covered in Chapters 1 & 2 of our textbook from the basis of their business to the board of directors and the role they play in decision making.

 http://www.aboutmcdonalds.com/mcd/investors/corporate_governance.html

Hopefully you'll gain some knowledge of the McDonald's corporation by following my blog, but I will also occasionally attempt to bring humor along the way to keep it somewhat entertaining.  Here is my first go at some humor...

JUST FOR FUN:  Okay, if you remember from my previous post, I mentioned that I worked at McDonald's when I was a pup.  Back on my very first day at McDonald's I was going to be trained on the grill.  Well, for those of you that may not know, you grill 12 burgers at a time and flip them and place them on buns (all 12 at once) with a GIANT spatula (or at least that is how they used to do it back in the day).  Anyway, I pick up the 12 burgers no problem, but as I begin to scoot them off onto the 12 buns...SPLAT... all 12 hit the floor.  Needless to say, I was quickly moved to cashier the following day.  Hmmm, ironically that is about the time I declared a major in Accounting - could there be a connection???

Following McDonalds for MGT 656

I was on CNN Money attempting to find a company to follow for the next 14 weeks and saw an article on McDonald's.  I thought "how cool" as that was where I worked in the summers (over 16 years ago) while I was in college getting my undergraduate degree.  The article mentioned that McDonald's stock is up due to the recession.  I thought this concept sounded intriguing and therefore, picked McDonald's as my semester long project.  If anyone actually has an interest in the aforementioned article, you can find it at:

 http://money.cnn.com/2010/08/27/markets/thebuzz/index.htm


Will post again in a couple of days!!!