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Stock Market & Financial Investment News

News Breaks
July 5, 2013
10:50 EDTBWLDBuffalo Wild Wings rises following analyst upgrade
Shares of sports bar and casual dining restaurant operator Buffalo Wild Wings (BWLD) are rising following an upgrade of its stock at Wall Street research firm Miller Tabak. WHAT'S NEW: In a note to investors earlier today, Miller Tabak analyst Stephen Anderson stated that lower corn feed prices and record chicken wing supply levels make it likely that wing prices will decline further in 2014. Anderson noted that Buffalo Wild Wings shares have already advanced about 30% year to date, but the analyst believes that an additional move lower in prices for wings, its key commodity, plus a high level of short interest in the stock could allow for further gains. The firm upgraded the stock to a Buy rating from a Hold and raised its price target on shares to $117 from $98. PRICE ACTION: In morning trading, Buffalo Wild Wings advanced a bit over 1% to $100.52.
News For BWLD From The Last 14 Days
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August 27, 2014
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August 25, 2014
09:07 EDTBWLDBuffalo Wild Wings makes majority investment in Rusty Taco
Buffalo Wild Wings has made a majority investment in Rusty Taco, Inc., which owns and operates Rusty Taco restaurants and is headquartered in Dallas, Texas. Rusty Taco features a simple menu of tasty tacos prepared fresh in a fun and lively atmosphere. Terms of the deal were not disclosed. In addition to Rusty Taco, Buffalo Wild Wings also has a minority investment in Los Angeles-based PizzaRev, a growing artisanal pizza concept. The company says it continues to evaluate other opportunities consistent with its long-term growth strategy.

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