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Article posted: 10/19/2012 8:40 AM

Stronger dollar hurts McDonald’s 3Q results

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Oak Brook-based McDonald's third-quarter net income fell nearly 4 percent as the stronger dollar hurt international results and the chain faced tough competition in the U.S.

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Oak Brook-based McDonald's third-quarter net income fell nearly 4 percent as the stronger dollar hurt international results and the chain faced tough competition in the U.S. The world's largest hamburger chain has thrived in boom and bust times by selling cheap eats and constantly updating its menu. But global economic pressures are wearing at the company, which makes two-thirds of its sales overseas.