McDonald’s Corp., the world’s largest restaurant chain, said sales at stores open at least 13 months rose 0.5 percent last month, trailing analysts’ estimates as rivals lured diners amid a choppy U.S. economic recovery.
J.C. Penney Co. disclosed that the U.S. Securities and Exchange Commission asked for information about the retailer’s finances, including a stock sale in September that it’s using to fund an attempted turnaround.
Burger King Worldwide Inc., which said last week that it will open stores in India, formed a joint venture to accelerate its expansion in France, where it returned last year to take on McDonald’s Corp.
Green Mountain Coffee Roasters Inc., the maker of Keurig-brand single-cup pods and machines, reported fourth-quarter profit that surpassed analysts’ estimates as K- Cup and brewer sales rose. The stock jumped the most since May.