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Stock Market & Financial Investment News

News Breaks
April 25, 2014
07:05 EDTBKWBurger King reports Q1 adjusted EPS 20c, consensus 19c
Reports Q1 revenue $240.9M, consensus $241.33M. Global comparable sales increased 2.0% in constant currency. System-wide sales increased 6.9% in constant currency. As of quarter end, total debt was $3B and net debt was $2.2B.
News For BKW From The Last 14 Days
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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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