OAK BROOK Ill. Reiterating that McDonald's continues to be recession-resistant because of its lower prices, executives at the world's largest quick-service hamburger chain reported on Wednesday an 11-percent jump in third-quarter net income, aided by its largest quarterly U.S. sales increase so far this year. For the quarter ended Sept. 30, corporate net income rose to $1.19 billion, or $1.05 per share, compared with year-ago earnings of $1.07 billion, or 89 cents a share. The results ...
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