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Stock Market & Financial Investment News

News Breaks
February 10, 2014
06:29 EDTBLMNBloomin' Brands upgraded to Strong Buy from Outperform at Raymond James
Raymond James upgraded Bloomin' Brands due to valuation and a favorable margin and sales outlook. Price target is $26.
News For BLMN From The Last 14 Days
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August 16, 2015
18:56 EDTBLMNU.S. food chains see opportunity in a weakened Brazil, WSJ says
North American food chains including McDonald's (MCD), Dunkin' Brands (DNKN), Domino's Pizza (DPZ), Papa John's (PZZA), and Bloomin' Brands (BLMN) are expanding into Brazil in hopes to capture market share while local restaurants pull back amid the country's economic uncertainty, reports the Wall Street Journal. Brazilian economic troubles "make it more challenging, but it's also an opportunity... The Brazilian economy will improve, and we'll be in a position to take advantage of that," commented Patrick Murtha, president of the international arm of Bloomin' Brands. Reference Link

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