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Stock Market & Financial Investment News

News Breaks
March 11, 2013
09:03 EDTDENNDenny's says plan canceled for GCIG to develop in southern China
Denny's Corporation announced that it and Great China International Group, or GCIG, have mutually decided to cancel the plans for GCIG to develop franchise restaurants in southern China. The company reiterated its full year 2013 guidance for new restaurant openings between 40 and 45 restaurants. Steve Dunn, Denny's Senior Vice President of Global Development said, "We have great respect for the varied business interests and capabilities of GCIG and understand their need to focus on other projects. We wish them continued success and hope to work with them again."
News For DENN From The Last 14 Days
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May 29, 2015
09:14 EDTDENNDenny's comps tracking ahead of expectations, says Longbow
Longbow's same-store-checks indicates Denny's sales growth is tracking ahead of expectations in Q2. The firm said franchised store sales are tracking to up 4.25%-4.75% vs consensus of 3.1%. Shares are Buy rated with a $15 price target.

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