McDonald's sees profit above Street, June sales jump

(Reuters) - Analysts, on average, had been expecting earnings of 67 cents a share, excluding one-time items, according to Reuters Estimates.




In April, McDonald's said it would sell about 1,600 restaurants in Latin America and the Caribbean to a franchisee. Including the impact of this sale, the company will post a net loss of 60 cents a share in the second quarter.


Read more at Reuters.com Business News

Spain's San Jose buys Dominican builder Deconalva

(Reuters) - "With this acquisition, the group continues its
international expansion policy and starts a new strategic
diversification process in Central America and the Caribbean,"
the group said in a statement.




Read more at Reuters.com Mergers News