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VERITAS77

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VERITAS77

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Thursday, 04/14/2011 10:33:52 AM

Thursday, April 14, 2011 10:33:52 AM

Post# of 364563
McDonald's Franchisee Soars on Debut; Waiting for Zipcar

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BY LYNN COWAN

The company that runs McDonald's franchises through Latin America soared on its first day as a public company but a newly formed container-shipping company slid.

Still to begin trading is car-sharing company Zipcar Inc. in what is expected to be the hottest deal of the week. Its shares were priced at $18, above the $14-$16 range.

Argentina-based Arcos Dorados Holdings, the world's largest McDonald's franchisee, met super-sized demand for its initial public offering.

Shares jumped 26% in early trade on the New York Stock Exchange to $21.45. The stock was priced at $17, above its expected range of $13 to ...

It is a puzzling thing. The truth knocks on the door and you say, "Go away, I'm looking for the truth," and so it goes away. Puzzling.

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