The fast food giant said Wednesday that its global same-store sales or sales at locations open at least a year jumped 5.7% in the October-December period. Thats better than the 3.9% Wall Street was expecting, according to analysts polled by FactSet.
Infosys American Depositary Receipts (ADRs) slumped more than 7% on Thursday, touching an intraday low of $14.59 in early trade, while Wipros ADRs fell 5.4% to $2.26. The sharp decline follows a steep sell-off in IT stocks on Indian exchanges, with weakness spilling over to Wall Street.
