By Dow Jones
Alan is the regular finance presenter on the ABC News and producer of the popular nightly graph (or two). McDonald's Corp. hopes within a week to put burgers and McNuggets back on the menu in many of its China stores, two weeks after it cut ties with a Shanghai supplier that allegedly sold the chain expired meat. The Oak Brook, Ill. , company has been working with existing suppliers to increase capacity, a China-based spokeswoman for McDonald's said Monday.
On Monday, in a Securities and Exchange Commission filing, McDonald's said that because of the issue with the supplier, businesses in China, Japan and certain other markets "are experiencing a significant negative impact to results. " As a result of the China supplier issue, McDonald's global comparable sales forecast for 2014 "is now at risk," the company said.
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