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(Reuters) – Honeywell International Inc on Thursday said it expects the production rate and deliveries of Boeing Co’s 737 MAX jets to resume in the second half of this year. The 737 MAX was grounded worldwide in March following two fatal crashes, forcing Boeing to freeze deliveries cufflinks nyc. The impact of the groundings and production rate cuts for the 737 MAX by Boeing is negligible for Honeywell in the second quarter, Chief Executive Officer Darius Adamczyk said on a conference call with analysts..
(Reuters) – McDonald’s Corp said it would remove costlier, premium burgers from its menus in favor of its more popular Quarter Pounders, shifting its focus to simpler and quickly-served burgers. The burger chain added the Signature Crafted burgers to its menu two years ago to keep up with competition from Wendy’s and Shake Shack, which serve more premium burgers using fresh ingredients. But putting together the burgers took time, slowing down service lines at drive-thrus and at stores cufflinks nyc.
These premium beef, grilled or crispy chicken burgers came with condiments like pico guacamole, sweet BBQ bacon or maple bacon dijon, compared with the Quarter Pounders, which are beef patties served with ketchup, pickles and onions cufflinks nyc. The company said its new deluxe and bacon Quarter Pounders received good feedback and it would continue to focus on such items. “It (the removal) probably has more to do about the process of cooking the burger in McDonald’s than it does what the consumer is saying about the food,” said Howard Penney, a managing director at Hedgeye Risk Management..
Big franchisees also did not buy into the idea of McDonald’s pricier burgers initially, mindful of the cooking time required for these made-to-order burgers. “It makes it easier for the people running the stores and operating the stores cufflinks nyc. simple is good,” Penney said. The move is seen as a positive, coming at a time when quick service restaurants are moving away from customization and focusing more on transparency in the ingredients used. This is the second time McDonald’s has tweaked its menu this month, after trimming down its late-night menu to keep only eights items..
(Reuters) – Oilfield services provider Schlumberger NV on Thursday forecast rising international and offshore exploration spending this year, after posting a 20 percent drop in first-quarter profit due to weak North American demand cufflinks nyc. The oilfield services sector bellwether said it expects a 7 to 8 percent increase in investments by oil producers in markets outside North America, citing a 20 percent increase last quarter in offshore rig counts and growing exploration activity in Latin America, Africa and Asia..