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Stock Market & Financial Investment News

News Breaks
January 21, 2014
06:44 EDTBKWBurger King upgraded to Conviction Buy from Buy at Goldman
Goldman added Burger King (BKW) to the Conviction Buy List to reflect the upcoming recapitalization that should unlock substantial value. Shares remain Buy rated with a $28 price target, raised from $25.
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

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