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Stock Market & Financial Investment News

News Breaks
December 27, 2012
17:04 EDTBKWBurger King in multi-country, master franchise JV with BEBOCA
Burger King Worldwide announced that it has entered into a multi-country, Master Franchise Joint Venture Agreement with BEBOCA LTD in Central America. This multi-country joint venture is a first of its kind for the BURGER KINGŪ brand worldwide. Under the terms of the agreement, BKW and BEBOCA LTD, a long-standing BURGER KINGŪ franchisee, which currently owns and operates 48 restaurants in Costa Rica and Panama, will establish a new entity named BK Centro America. The new joint venture will acquire the master franchise rights for the 178 restaurants in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama and has committed to manage the aggressive development of the BURGER KINGŪ brand in these countries. The company will provide operations, supply chain, procurement and marketing for franchisees in Central America and will have new development exclusivity in these markets.
News For BKW From The Last 14 Days
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September 18, 2014
17:00 EDTBKWCarrols Restaurant to buy 30 Burger King restaurants in North Carolina
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September 15, 2014
13:45 EDTBKWTim Hortons up fractionally following preliminary Q3 quarter-to-date SSS report
Tim Hortons (THI) is up fractionally in afternoon trading following the company's pre-market announcement of Q3 quarter-to-date SSS growth results. The company reported Canadian SSS up 3.6% and U.S. SSS up 7.0% for the 9-weeks ended August 31. Tim Hortons released this information in connection with the company's proposed strategic transaction involving 3G Capital and Burger King Worldwide (BKW).
September 12, 2014
09:21 EDTBKWBlackstone to sell 260 Burger King locations, Bloomberg says
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September 11, 2014
08:09 EDTBKWBerkshire's Munger defends Burger King deal, WSJ reports
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08:03 EDTBKWSenators urge Burger King to stay domiciled in U.S., Reuters reports
The number 2 ranking Senate Democrat, Dick Durbin, and four fellow senators have urged Burger King (BKW) to keep its domicile in the U.S. and give up plans for a "tax inversion" as part of its purchase of Canada's Tim Hortons (THI), reported Reuters. Reference Link
September 5, 2014
06:33 EDTBKWHundreds arrested following protests over fast food wages, NY Times says
Nearly 500 protestors seeking a $15 per hour wage for fast food workers were arrested in sit-ins yesterday, organizers of the sit-ins told The New York Times. Some home care aides, recruited by the Service Employees International Union, jointed the protests, the newspaper stated. Fast food companies include McDonald's (MCD), Burger King (BKW), Wendy's (WEN), Jack in the Box (JACK), and Sonic Corporation (SONC).Reference Link

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