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Stock Market & Financial Investment News

News Breaks
December 5, 2012
08:06 EDTBLMN, EATBrinker Bloomin' Brands weakness creates buying opportunity, says Wells Fargo
After Brinker (EAT) and Bloomin' Brands (BLMN) fell yesterday in sympathy with Darden's (DRI) negative preannouncement, Wells Fargo believes that Brinker and Bloomin' are poised to generate same-store sales growth and higher margins in coming quarters. The firm maintains Outperform ratings on Brinker and Bloomin' Brands.
News For EAT;BLMN From The Last 14 Days
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August 25, 2015
16:51 EDTEATBrinker Chief Development Officer Roger Thomson to retire on June 30, 2016
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August 20, 2015
17:02 EDTEATBrinker increases dividend 14%, authorizes $250M stock repurchase
The board for Brinker International declared a quarterly dividend of 32c per share on the common stock, representing a 14% increase in Brinker's quarterly dividend. The dividend will be payable Sept. 24 to shareholders of record as of Sept. 4. Brinker's board also authorized an additional $250M in share repurchases. With the additional amount, Brinker will have approximately $567M in available authorization.
August 16, 2015
18:56 EDTBLMNU.S. food chains see opportunity in a weakened Brazil, WSJ says
North American food chains including McDonald's (MCD), Dunkin' Brands (DNKN), Domino's Pizza (DPZ), Papa John's (PZZA), and Bloomin' Brands (BLMN) are expanding into Brazil in hopes to capture market share while local restaurants pull back amid the country's economic uncertainty, reports the Wall Street Journal. Brazilian economic troubles "make it more challenging, but it's also an opportunity... The Brazilian economy will improve, and we'll be in a position to take advantage of that," commented Patrick Murtha, president of the international arm of Bloomin' Brands. Reference Link

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