>>See our new stock quote page. Get more stock ideas and investing advice on our sister site, Stockpickr.com.
The announcement today supplants McDonald's as a new global sponsor of the Olympic Games until 2024.
Customers have to wait longer for cooked to order Quarter Pounder burgers.
Cowen upgraded McDonald's to outperform and assigned a $180 price target.
Stocks are lower as crude oil plummets.