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Friday, January 24, 2003
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ever loss: $343.8 million
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OAK BROOK (AP)-
McDonald's Corp. reported the
first quarterly loss in its history
Thursday — a $343.8 million set
back in the last three months of
2002.
The loss reflected charges
and write-offs aimed at helping
the burger giant end an unprece
dented slump brought on by
consumer weariness with fast
food, a crowded restaurant mar
ket and its own problems with
service.
McDonald's was founded in
1955 and has been publicly trad
ed since 1965.
The fast-food chain took
$810 million in charges for the
fourth quarter. That helped push
its stock, which traded above
$30 last summer, under $15 for
the first time since 1995.
The burger giant said it is
closing 719 under-performing
restaurants. But it also disclosed
plans to open 850 more tradi
tional McDonald’s; 380 “satel
lite” restaurants inside other
facilities such as airports; and
150 of its other brand restau
rants.
“We know we need to make
changes,” new chief executive
Jim Cantalupo said. McDonald’s
replaced Jack Greenberg with
Cantalupo last month after its
stock fell to seven-year lows.
McDonald’s was down 38
cents to $14.98 in afternoon
trading on the New York Stock
Exchange.
Quarterly revenue was $3.9
billion, up 3 percent from $3.77
billion in the same quarter in
2001. But sales at restaurants
open at least a year — a key
indicator of success — were
down slightly in the United
States and Europe.
Unhappy deal
McDonald’s Corp. posted its first
quarterly loss Thursday and said
it is closing 719 under-performing
restaurants - including 202 which
were shuttered in the fourth
quarter.
Net income/loss, in millions
$600
200
0
Q3 Q4 Q1 02 Q3 Q4
2001 2002
Stock performance
Daily closings per share
Jan. 23
$15,001
$32
28
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2002 03
SOURCES: The company; Hoover's AP
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County driver charged with
vehicular homicide in fatal crash
ABIQUIU, N.M (AP)- A county driver who
had been hired despite two drunken-driving con
victions got into a fatal accident after dropping
off his last passenger and admitted he had been
drinking, authorities said.
Alan Martinez, who was hired to drive senior
citizens on errands, told police he drank four
beers and two shots of whiskey at a friend’s
house after work Tuesday, investigators said.
Later, while driving the Rio Arriba County
van, he collided with a car on U.S. 84 in north
ern New Mexico, killing Martin M. Trujillo, 49,
of Abiquiu.
Martinez, 34, was charged with vehicular
homicide and driving on a revoked license. An
arraignment was scheduled for Thursday. The
homicide charge also alleges that Martinez was
driving while drunk, said Lt. Rob Shilling,
spokesman for the state police. Tests of
Martinez’s blood-alcohol level have not been
released.
Martinez had two convictions for driving
while intoxicated when the county hired him in
October 2001, records show.
The county was not aware that Martinez was
driving with a revoked license, said Thomas
Campos, assistant Rio Arriba County manager.
Checks of employee driving records are done
quarterly, and were last done Oct. 30, officials
said.
In October, Martinez was arrested on drunk
en-driving charges on U.S. 84 about three miles
from Tuesday’s crash, according to motor vehi
cle records.
His license was revoked in September and he
was facing two counts of DWI stemming from a
July arrest.
After the crash, state police said, empty con
tainers of alcohol were found in his car.
While police said they have no reason to
believe Trujillo was intoxicated at the time of
the crash, a toxicology test will be done. Results
will not be available for up to 10 weeks.
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<h$pM
CCCL
^STUD/,^
in the flagroom
as part of the
AQtiie NteMs 9 /iff That Jazz Series
presented by MSC Town Hall
midnight drawing for $250
must he present to win
2 FREE Movies
American History X
at 8pm in MSC 201
In the basement
ALL NIGHT LONG
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at 10:30pm in MSC 201
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& MSC Black Awareness Committee
FREE HOT DOGS
& FRENCH FRIES
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in Rudder Theater
starting at 8pm
Student Performing
Groups
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MEDALS 2003 Conference
For more information contact 845-1515
Friday, January 24 9pm - 1am
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rts & Crafts'
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Show
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Check-in
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MSC
In the MSC
orship
Director
lAdventist H 0dpn-*DenominationaC
Seventh Day Adventist
1218 Ettle St., Bryan (corner of Coulter)
775-4362
Pastor Bill Davis
Saturday 8:15am- Spanish Worship
English - 11:00 am
Sabbath School - 9:45 am
AssemSCy of QocC
Bethel Temple Assembly of God
2608 Villa Maria,
Bryan
776-4835
Sunday Worship 10:15
Sunday School 9:00
www.betheltemDlebcs.com
/Baptist
Fellowship Free Will
Baptist Church
College & Career Class
You are invited to a Bible Study
especially for students.
Sunday mornings at 9:45
Wednesday night supper at 5:30,
followed by Bible Study at 6:30
1228 W. Villa Maria
779-2297
For more information contact
Marcus Brewer: 731 -1890
m-brewer@tamu.edu
http://www.fellowshipfwb.ora
Fellowship of Christian
University Students
First Baptist Church
2300 Welsh Avenue
College Station
696-7000
Sunday Schedule
Worship Services: 8:30 & 10:55 a.m.
College Bible Study: 9:45 a.m.
Evening Bible Study: 6:00 p.m.
«ocu s
tt-y
Weekend Shuttle Route: CS West
http://fbc-cs.tca.net/university
CatfioCic
St. Mary’s
Catholic Center
Church Avenue in Northgate
(979)846-5717
www.aaaiecatholic.ora
Pastoral Team
Rev. Michael J. Sis, Pastor
Rev. Keith Koehl, Associate Pastor
- Campus Ministers -
Deacon Bill Scott, Deacon David Reed,
Martha Tonn, Jullie Mendonca
Dawn Rouen, Roel Garza
Daily Masses
Mon.-Fri.: 5:30 p.m. in the Church
Tues.-Thurs.: 12:05 p.m. in the
All Faiths Chapel
Weekend Masses
Sat: 2:00 p.m. (Korean),
5:30 p.m. (English), 7:00 p.m. (Spanish)
Sun.: 9:00 a.m., 11:00 a.m.,
5:30 p.m. and 7:00 p.m.
Confessions
Wed. 8:30-9:30 p.m., Sat. 4:00-5:15 p.m.
or by appointment.
603
communityCH U RCH
SUNDAYS:
Prayer Service @ 10 a.m,
Worship@ 11 a.m.
Meeting in Oakwood
Intermediate School
106 HOLIK STREET
JUST OFF GEORGE BUSH
Behind the College Station
Conference Center
FOLLOW THE SIGNS!
Small Groups
Meet Weekly
wwwjOOmCHURCH-com
260-1163
/Pentecostal
Cornerstone Church
* Mid Week Small Group Meetings
* Sunday Service at 3:00pm on George Bush,
just across from campus at the
College Station Conference Center.
485-8744
Victory J ^
United Pentecostal Church
Sunday 2:00 p.m. Wednesday 7:00 p.m.
1808 - H Brothers
(behind the C.S. Wal-Mart)
764-4180
Cfiurcfi of Cfirist
A&M Church of Christ
1901 Harvey Mitchell Pkwy.
(979)693-0400
Sunday Assemblies:
8 a.m., 10:30 a.m.,
College Bible Class 9:30 a.m.
Sunday Night: 5:45 p.m.
Mid-Week 7:00 p.m.
Aggies for Christ
Call for on-campus pick-up info
www.aggiesforchrist.org
‘Episcopal
St. Thomas Episcopal
906 George Bush Dr. • College Station, TX
696-1726
Services - 8:00 (Rite 1), 9:00(Family Service Rite II)
& 11:15 (Rite ll-for late sleeping Ags)
7:30 p.m. Evensong
Next door to Canterbury House,
the Episopal Student Center
/S[pn-/Denominational
Calvary Chapel
AGGIELAND ^
A Non-denominational church that
teaches God's Word versa hy varse.
Contemporary praise & worship
Come as you are - casual atmosphere
Currently meeting at:
The Warehouse
1601 Groesbeck in Bryan
just off 2818 north of campus
Currently studying the Book of Acts
Services at 10:30 a.m. Sunday
Patter Jeff Hughes 'VS
(979)324-3972 www.aggieland.ee
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/PresByierian
Covenant Presbyterian Church
220 Rock Prairie Road (979) 694-7700
Rev. Sam W. Steele - Pastor
Sunday Service: 8:30 & 11 a.m.
Sunday School: 9:45 a.m.
UCM Prayer and Praise: Wednesday 7:00 p.m.
www.covenantpresbyterian.org
FIRST
PRESBYTERIAN
CHURCH
Helping Aggies grow in faith
New Fall Hours:
Worship 8:30, 11:00 a.m.
Church School 9:30
Fellowship on the Patio 10:30
1100 Carter Creek Parkway
www.fpcbryan.org
United /Methodist
A&M United Methodist
417 University Dr. (in Northgate) • 846-8731
Sunday Worship: 8:30, 9:45, 10:50
College Sunday School: 9:30,10:45
Sr. Pastor Dr. Jerry Neff
www.am-umc.org
“I need ir real. I need it relevant.
I need it within community.”
CELEBRATION
WORSHIP
at
First United
Methodist Church
• Powerful Praise
• Solid Scripture
• and Real Families
Come see what's worth celebrating
1 l :00 a.m.
in the Christian Life Center
On 27''' Street, 2 blocks east
of Texas Avenue in Bryan
779-1324