Disney Earnings Top, Revenue Falls Short; McDonald s Jan. Sales Up 6.7%

U.S. mortgage applications rose last week, erasing a modest decline the week before. Investors are having their first chance to react to better than expected earnings from Disney. Meanwhile, Dow component McDonald s posted a 6.7% jump in global sales in January. And Sprint Nextel s loss widened in the fourth quarter as costs related to the iPhone weighed on results.

 

 

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