McDonald’s Drops on Forecast Currencies Will Cut 2012 Profit
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McDonald’s Corp., the world’s largest restaurant chain, fell the most in more than four months as it forecast foreign-currency fluctuations would reduce profit this year.
The shares fell 2.2 percent to $98.75 at the close in New York, the biggest decline for the Oak Brook, Illinois-based company since Sept. 9. The shares gained 31 percent last year.