The Dow Jones Industrial Average (INDEX: ^DJI) finished up 0.26% today; however, some stocks did much better than the Dow as a whole.
Today's Top 3
- Today's leader was McDonald's (NYSE: MCD), which finished up 1.43% [$1.42] to end the day at $100.91. While there was no real news for McDonald's (besides researchers who unlocked the secrets of the McRib), the stock is probably rising in concert with Yum! Brands (NYSE: YUM), which beat earnings yesterday after the market close on very strong Chinese sales.
- Disney (NYSE: DIS) was second behind McDonald's today, finishing up 1.29% [$0.52] to end the day at $40.98. Reporting after the market close, the company beat earnings expectations, with its $0.80 EPS figure beating analyst expectations of $0.72. Revenue, however, was $10.8 billion, missing analysts' $11.18 billion target.
- Coca-Cola (NYSE: KO) took third for the day, up 0.76% [$0.52] to end the day at $68.55. The company's adjusted EPS fell year over year by 70% to $0.79, beating analyst expectations of $0.77 per share. Last year's earnings got huge boost from Coca-Cola's consolidating of Coca-Cola Enterprises' North American bottling operations. Revenue was $11.04 billion, also above analyst expectations of $10.99 billion.
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