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Stock Market & Financial Investment News

News Breaks
February 13, 2013
07:37 EDTDINDineEquity's IHOP to open first restaurant in Philippines
DineEquity announced that IHOP is expanding into the Asia Pacific region for the first time via a franchise relationship with InterDine Corp. that will result in an IHOP restaurant opening in the Philippines later this month. InterDine Corp. will open a total of 20 IHOP restaurants in the Philippines over the next five years, with the opportunity to open others in Malaysia, Taiwan, Thailand, Singapore and Vietnam.
News For DIN From The Last 14 Days
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October 28, 2014
08:05 EDTDINDineEquity raises FY14 free cash flow view to $109M-$119M from $86M-$104M
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08:04 EDTDINDineEquity reports Q3 adjusted EPS $1.14, consensus $1.07
Reports Q3 revenue $162.9M, consensus $158.71M. Q3 domestic system-wide same restaurant sales increased 2.4% and 1.7% at IHOP and Applebee’s, respectively.
08:02 EDTDINDineEquity raises quarterly dividend 17%, increases repurchase authorization
DineEquity announced approval by its Board of Directors of a meaningful 17% increase in the company’s quarterly cash dividend to 87.5c per share of common stock. The fourth quarter 2014 dividend will be payable on January 9, 2015 to the Company’s stockholders of record at the close of business on December 3, 2014. The Board of Directors also approved an increase in the share repurchase authorization for the Company’s common stock, effective immediately, to $100 million from the remaining previous authorization of approximately $40 million. The Company anticipates using the majority of its remaining free cash flow after dividend payments for share repurchases.
October 27, 2014
10:00 EDTDINOn The Fly: Analyst Upgrade Summary
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06:29 EDTDINDineEquity upgraded to Buy from Neutral at Longbow
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