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Stock Market & Financial Investment News

News Breaks
October 11, 2012
10:55 EDTYUM, YUM, YUM, WEN, WEN, WEN, THI, THI, THI, SONC, SONC, SONC, SBUX, SBUX, SBUX, RT, RT, RT, RRGB, RRGB, RRGB, PNRA, PNRA, PNRA, MCD, MCD, MCD, JACK, JACK, JACK, EAT, EAT, EAT, DRI, DRI, DRI, DPZ, DPZ, DPZ, DNKN, DNKN, DNKN, CMG, CMG, CMG, CBRL, CBRL, CBRL, CAKE, CAKE, CAKEBofA/Merrill's restaurant analyst holds an analyst/industry conference call
Restaurants Analyst Buckley, along with industry consultant Malcolm Knapp, discuss Mr. Knapp's views of the current consumer environment, as well as his outlook for restaurants, on an Analyst/Industry conference call. Relevant covered companies CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SBUX, SONC, THI, WEN and YUM may be included on the Analyst/Industry conference call to be held on October 15 at 11 am.
News For CAKE;CBRL;CMG;DNKN;DPZ;DRI;EAT;JACK;MCD;PNRA;RRGB;RT;SBUX;SONC;THI;WEN;YUM From The Last 14 Days
Check below for free stories on CAKE;CBRL;CMG;DNKN;DPZ;DRI;EAT;JACK;MCD;PNRA;RRGB;RT;SBUX;SONC;THI;WEN;YUM the last two weeks.
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April 10, 2014
08:46 EDTCMGChipotle well positioned to sustain operating momentum, says RW Baird
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07:18 EDTRTRuby Tuesday shares fully valued, says Raymond James
Raymond James believes downside risk in Ruby Tuesday remains following the 10% upside move in shares after hours following Q3 results. The firm sees limited sales visibility and believes the market is overvaluing the company's real estate assets. Shares are Underperform rated.
April 9, 2014
19:01 EDTRTOn The Fly: After Hours Movers
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17:37 EDTPNRAPanera Bread CEO: Mobile kiosks will create faster service
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16:17 EDTRTRuby Tuesday up over 10% to $6.60 following Q3 results
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16:11 EDTRTRuby Tuesday sees Q4 SSS down 1% to up 1%
Plans to close 6 to 9 restaurants in Q4, bringing FY14 total to 30 to 33. Sees Q4 capex $7M-$10M.
16:10 EDTRTRuby Tuesday reports Q3 EPS ex-items (7c), consensus (8c)
Reports Q3 revenue $295.6M, consensus $284.22M. Reports Q3 SSS down 1.9% at company-owned restaurants.
15:19 EDTRTNotable companies reporting after market close
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April 8, 2014
07:54 EDTYUMYum! Brands testing new Super Chix concept, AdAge reports
Yum Brands will start testing Super Chix, a new concept restaurant, AdAge reports. This week, Super Chix will launch in Arlington, Texas, with a limited menu including chicken sandwiches, chicken tenders, fries, salads and custards. A spokesperson for Yum says the concept "may in the future be considered for international purposes." Reference Link
April 7, 2014
10:13 EDTCMGChipotle Mexican Grill volatility elevated into Q1 and outlook
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April 5, 2014
12:45 EDTDNKNDunkin' Brands could fall hard if expectations are missed, Barron's says
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April 4, 2014
10:02 EDTSONCOn The Fly: Analyst Downgrade Summary
Antero Resources (AR) downgraded to Buy from Strong Buy at ISI Group... Cobalt (CIE) downgraded to Buy from Strong Buy at ISI Group... Franklin Resources (BEN) downgraded to Market Perform at Keefe Bruyette... Hasbro (HAS) downgraded to Hold from Buy at Needham... PPL Corp. (PPL) downgraded to Neutral from Outperform at Macquarie... Sonic (SONC) downgraded to Neutral from Buy at Buckingham... Vodafone (VOD) downgraded to Neutral from Buy at Nomura... AutoZone (AZO) downgraded to Neutral from Outperform at RW Baird... Advance Auto Parts (AAP) downgraded to Neutral from Outperform at RW Baird... LinnCo (LNCO) downgraded to Neutral from Buy at Citigroup... LINN Energy (LINE) downgraded to Neutral from Buy at Citigroup... General Mills (GIS) downgraded to Hold from Buy at Argus.
07:11 EDTSONCSonic downgraded at Buckingham
As previously reported, Buckingham downgraded Sonic to Neutral from Buy. The firm downgraded shares due to valuation and the rise in dairy costs. Price target is $24.
06:54 EDTMCDMcDonald's ceases work in Crimea, Reuters says
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06:44 EDTJACK, WEN, SONC, DNKNMost senators resisting compromise on minimum wage increase, Politico reports
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06:27 EDTSONCSonic downgraded to Neutral from Buy at Buckingham
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April 3, 2014
06:34 EDTJACK, WEN, DNKN, MCD, SONCStates moving on minimum wage hikes, NY Times says
Since President Obama called for an increase in the federal minimum wage 14 months ago, seven states and Washington, DC have passed such an increase, according to The New York Times. Meanwhile, 34 other state legislatures have started debating the issue and activists in another eight states are looking to get proposals for minimum wage increases on voter ballots, the newspaper stated. Companies that could be affected by minimum wage increases include McDonald's (MCD), Burger King (BKW), Wendy's (WEN), Jack in the Box (JACK), Dunkin Donuts (DNKN), and Sonic Corporation (SONC). Reference Link
April 2, 2014
07:26 EDTYUMYum! Brands price target raised to $89 from $80 at Oppenheimer
Oppenheimer increased its price target on Yum! as the firm thinks the company's multiple could expand, while its earnings could surpass expectations going forward. The firm adds that Taco Bell's breakfast initiative has not been built into estimates and is thus "a free option" for investors. Oppenheimer recommends owning the stock now and keeps an Outperform rating on the shares.
07:10 EDTMCDEx-McDonald's store managers admit to withholding wages, Bloomberg says
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06:54 EDTCMGChipotle Mexican Grill volatility elevated at 52 into Q1 and outlook
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