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To: Original Mad Dog who wrote (4505)1/23/2003 11:45:13 AM
From: Poet  Read Replies (2) | Respond to of 7689
 
I'll bet that if you ate the pepperoni calzone after so many weeks of healthy eating, you'd feel almost "high", then have severe GI distress. It's a good sign of how bad for you that kinda food is.

Though it sure as hell tastes good.



To: Original Mad Dog who wrote (4505)1/23/2003 2:01:19 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 7689
 
HEY! Quit whining and help out your country!

McDonald's suffers first-ever lossesBy Vanessa Valkin in New YorkPublished: January 23 2003 15:56 | Last Updated: January 23 2003 15:56
McDonalds

McDonald's, the fast food burger chain, announced its first-ever quarterly loss on Thursday from a large restructuring charge and from restaurant closures.

The total charge for the fourth quarter was $810.2m which was above the company's initial estimates. In December the company announced a $435m charge but the closure of another 517 restaurants and the shutting down of a large technology project added to costs.

For the quarter, the company reported a net loss of $343.8m, or 27 cents a share, compared to last year's profit of $271.9m, or 21 cents a share.

Total sales for the quarter were $10.5bn, up 2 per cent, and $41.5 bn for the year, also up 2 per cent.

For the full year, net income was $893.5m or 70 cents share. Jim Cantalupo, the newly elected chief executive, said in a statement that : "Considering the size and nature of our business, a 10-15 per cent eanrings per share growth target is not realistic." McDonald's has said it will no longer give quarterly guidance.

The stock was last trading down 3.26 per cent at $14.86 in New York.
news.ft.com