McDonald’s Challenges Tim Hortons and 3 Dow Movers Turning Heads

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By Mark Lawson | February 26, 2013 6:26 AM EST

Wall St. Cheat Sheet

JPMorgan Chase & Co. (NYSE:JPM): Current price $48.63

Jim Woolery at J.P. Morgan will become deputy chairman of the New York law firm Cadwalader, Wickersham & Taft, says the Wall Street Journal. Woolery became the bank’s co-chief of North American mergers and acquisitions in 2011.

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McDonald’s Corporation (NYSE:MCD): Current price $96.28

In Canada, Tim Hortons (NYSE:THI) must face a first-time challenge from McDonald’s to its long-time supremacy as the country’s premier spot for coffee and doughnuts, according to the Globe and Mail, which reported that the company’s franchisees were once guaranteed success and hearty profits, but its coffee business is now under attack.

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Microsoft Corporation (NASDAQ:MSFT): Current price $27.75

Nokia Chief Executive Stephen Elop has admitted that his company’s Lumia devices, which are powered by Microsoft’s Windows Phone OS, still should move to lower price points to effectively rival the lowest end of the Android (NASDAQ:GOOG) market, said AllThingsD.

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Pfizer (NYSE:PFE): Current price $27.09

Pfizer is looking to create additional alliances in China so as to help offset shrinking margins, says the Wall Street Journal. Wu Xiaobing, the firm’s country manager for China, says that he’s searching out partnerships in the research, manufacturing and marketing of drugs.

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Copyright Wall St. Cheat Street. All rights reserved.
(Photo: McDonalds / )
A McDonald's in Australia will become the first to offer customers the option of having plates, cutlery and table service -- at least for a five-week trial period.
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The article was first published by Wall St. Cheat Sheet and does not represent the views or opinions of International Business Times.

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