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Stock Market & Financial Investment News

News Breaks
February 4, 2014
07:38 EDTBOBEBob Evans shares should be bought ahead of catalysts, says Oppenheimer
After meeting with Bob Evans' management, Oppenheimer recommends buying the stock, as the firm thinks the company will have a number of positive catalysts in fiscal 2015, which begins in April. The firm thinks the company has "compelling" positive catalysts over the long-term ,and it keeps a $58 price target and Outperform rating on the shares.
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July 28, 2014
14:02 EDTBOBESandell says recently increased stake in Bob Evans to 7.6%
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July 23, 2014
09:17 EDTBOBEBob Evans sees 10%-12% long-term EPS growth
Sees long term average annual net sales growth of 3%-3.5%. It expects to up to 10 new restaurants annually. Expects long-term SSS and new restaurants expected to contribute equally to net sales growth, for about 1.5%-1.75% each. Expects BEF Foods long-term average annual net sales growth of 6%-7%. Expects FY15 CapEx to be between $85M-$90M. Comments taken from slides for company's Investor Day in July.
July 21, 2014
11:05 EDTBOBEBob Evans management to meet with Oppenheimer
Meeting to be held in New York on July 23 hosted by Oppenheimer.

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