McDonald's ( MCD) is trending after the fast-food chain reported fourth-quarter results that beat expectations. The company reported revenue of $6.95 billion and earnings of $1.38 a share; analysts had been expecting earnings of $1.33 a share. McDonald's also reported a 0.3% rise in same-store sales for the quarter and a 3.1% rise in same-store sales for the full year, which the company attributed to both its revamped value menu and premium offerings. McDonald's said its operating margin widened to 31.6% from 31.1%.
Cisco Systems ( CSCO) is another popular search. The company said it will buy Israeli software maker Intucell for $475 million in cash and incentives. Intucell provides technology that helps mobile carriers manage cellular networks automatically. Cisco is making the acquisition as it faces increased network traffic and complexity. Intucell is expected to be able to help Cisco with related challenges by being able to identify problems in real time and adapt the network to meet demand. The deal is expected to close in the third quarter of fiscal 2013.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.