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Transcripts For CNBC Squawk On The Street 20151022

Deposit rates was discussed at the meeting. Mcdonalds up sharply in the premarket. The first increase in two years before all day breakfast. The company now getting a down grade from a key supporter. 3 m and caterpillar, mixed results, disappointing quarters respectively. We will find out how cats ceo explained things to the guys on squawk. Shares from mcdonalds, better than expected Third Quarter results. Comps up for the first time in two years. They see across the board growth in comps in the current quarter. Steve easterbrook says while still in the early changes, we believe we are starting to reposition mcdonalds as a modern, progressive burger company. All of this is not about breakfast quite yet. A lot of it is about chicken. Even as margins are impacted somewhat by paying workers higher wages. It is about bathrooms, about cleanliness, about the idea of a simplified menu and the idea of leadership. I have been a cartoon character about easterbrook. He turned around international

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