Paris Hilton Trades McDonald's for Bikini

Filed under: McDonald's (MCD), Commodities, Currency

McDonald's (MCD) shares dropped a whopping 1.29% Friday on news that Paris Hilton is setting aside her fast-food habit in exchange for a bikini-ready body. Paris is quoted by Starpulse.com as stating: "I've been really working out. I'm not eating fast food anymore. No more McDonald's. (I'm) getting my bikini body, so I'm about that." This must come as a serious blow to McDonald's.

Well okay, perhaps Paris Hilton's declaration isn't really all that important to McDonald's shareholders, but the truth remains that MCD shares are again showing signs that they have peaked. The question is why? The company's share price is currently hitting strong resistance in the range of $71, and the three key reasons are fierce competition, international monetary exchange instability, and operating expense volatility.

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Paris Hilton Trades McDonald's for Bikini originally appeared on BloggingStocks on Sat, 15 May 2010 14:40:00 EST. Please see our terms for use of feeds.

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Paris Hilton - McDonald's - Fast food - France - Travel and Tourism

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