New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 25, 2013
13:28 EDTKMP, SWY, PAYX, DNKN, PIIStocks with increasing implied volatility; DNKN SWY PII KMP PAYX JNK
News For DNKN;SWY;PII;PAYX;KMP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | all recent news | >>
April 16, 2015
10:26 EDTDNKNBMO Capital upbeat on Starbucks, lukewarm on Dunkin'
BMO Capital initiated coverage of Starbucks (SBUX) with an Outperform rating in a note to investors, citing what it sees as the company's many growth opportunities. The firm was less upbeat on Dunkin' Brands (DNKN), as the firm said that the company faces tougher competition than Starbucks, and advised investors to wait for a more compelling entry point in the stock before buying. WHAT'S NEW: Starbucks' multiple growth opportunities make it somewhat unique among large-cap restaurant stocks, BMO analyst Andrew Streizik contended. The company's U.S. comparative sales have probably bottomed and could begin to reaccelerate, partly due to its innovation, higher food sales, and marketing strength, the analyst believes. Additionally, Starbucks' margin expansion could exceed its long-term guidance, partly due to lower than expected cost of goods and efficiencies from its expansion of food and day parts, according to Streizik. Starbucks could increase the amount of money it returns to shareholders or make accretive acquisitions, given its strong balance sheet, the analyst stated. He set a $56 price target on the stock. Conversely, Streizik said he was worried about the sustainability of Dunkin's U.S. comparative sales, as the company's U.S. comps are two to three times more volatile than those of Starbucks. Dunkin' is more exposed to competition than Starbucks, since Dunkin's drinks are less differentiated than the competition, the analyst stated. Dunkin's need to compete with fast food restaurants, which traditionally offer heavy discounts, makes it more dependent on discounts, added Streizik, who set a $52 price target on the shares. PRICE ACTION: In early trading, Starbucks added 0.2% to $48.25, while Dunkin gained 0.7% to $48.33.
10:00 EDTDNKNOn The Fly: Analyst Initiation Summary
Subscribe for More Information
09:35 EDTDNKNDunkin' Donuts announces plan for 10 new restaurants in Minneapolis
Subscribe for More Information
April 15, 2015
17:16 EDTDNKNDunkin' Brands initiated with a Buy at Guggenheim
Target $53.
17:16 EDTDNKNDunkin' Brands initiated with a Market Perform at BMO Capital
Subscribe for More Information
April 14, 2015
08:33 EDTDNKNGoldman recommends buying Starbucks and Dunkin' Brands into earnings
Subscribe for More Information
April 13, 2015
14:18 EDTSWYTarget names Anne Dament as SVP, Merchandising
Subscribe for More Information
12:57 EDTDNKNNortheast winter may have impacted Dunkin' Brands sales, Reuters says
Dunkin' Donuts, which is regionally popular in Northeast states like New York and Massachusetts, may have weaker same-store sales this quarter then expected as harsh winter weather may have kept customers home, says Reuters. Nick Setyan, a SVP of equity research at Wedbush Securities in Los Angeles said the record snowfall in the U.S. Northeast this past winter could reduce 1% to 1.6% points off first quarter same-store sales of the company, added Reuters. Reference Link
<< 1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use