(McDonald's earnings preview updated with news of expansion into South Korea.)OAK BROOK, Ill. ( TheStreet) -- McDonald's ( MCD) is due to report its fourth quarter earnings ahead of the opening bell on Monday.
McDonald's will reportedly keep a significant minority stake in its China and Hong Kong stores.
U.S. stock futures trade flat following another record close for the Dow; Amazon reportedly envisions opening 2,000 brick-and-mortar grocery stores; Apple Watch sales set a record, Apple CEO says.
Shares of McDonald's were higher Monday after Nomura upgraded its rating on the shares to BUY from NEUTRAL.
The fast-food giant is moving away from its assets in China, Hong Kong, Malaysia and Singapore to focus on strengthening its business at home.