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Stock Market & Financial Investment News

News Breaks
February 1, 2013
12:33 EDTCBRL, KRFT, SFDCracker Barrel sued by Kraft over product sales, Reuters reports
Cracker Barrel (CBRL) is being sued by Kraft (KRFT) over its decision to start selling certain Cracker Barrel-branded products outside out of its restaurants and stores, Reuters reports. Kraft wants Cracker Barrel's license agreement with the John Morrell Food Group, part of Smithfield Foods (SFD), to be declared void as it violates its rights to the Cracker Barrel brand. Reference Link
News For KRFT;CBRL;SFD From The Last 14 Days
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November 25, 2014
09:20 EDTCBRLOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Signet Jewelers (SIG), up 2.6%... Tiffany (TIF), up 4.8%... Nuance Communications (NUAN), up 5.1%... Brown Shoe (BWS), up 6.6%... Cracker Barrel (CBRL), up 3.1%... Qihoo 360 (QIHU), up 5.8%... DSW (DSW), up 7.3%. ALSO HIGHER: SinoCoking Coal (SCOK), up 27.9% after aboveground facility operating at 100% capacity. DOWN AFTER EARNINGS: Xcerra (XCRA), down 7.4%... Workday (WDAY), down 8.4%... Brocade (BRCD), down 3.8%... Post (POST), down 7.5%. ALSO LOWER: Wet Seal (WTSL), down 15.8% after announcing that it has not set a timetable for review of strategic and financial alternatives... Medgenics (MDGN), down 11.1% after 5.125M share Spot Secondary priced at $4.10... Pandora (P), down 3.7% after being downgraded to Underperform from Market Perform at FBR Capital... Cyberark Software (CYBR), down 3.7% after receiving multiple downgrades.
08:08 EDTCBRLCracker Barrel sees Q2 EPS $1.50-$1.60, consensus $1.65
08:08 EDTCBRLCracker Barrel raises FY15 EPS view to $5.95-$6.10, consensus $6.02
Now sees FY15 revenue $2.8B, consensus $2.78B. The revenue projection for fiscal 2015 reflects the expected opening of six or seven new Cracker Barrel stores and projected increases in comparable store restaurant and retail sales in a range of 2.5% to 3.5%. The company expects capital expenditures during fiscal 2015 to be between $100M-$110M and expects food commodity inflation of approximately 4.0% to 4.5% for the year.
08:06 EDTCBRLCracker Barrel reports Q1 EPS $1.42, consensus $1.29
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November 24, 2014
15:20 EDTCBRLNotable companies reporting before tomorrow's open
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November 19, 2014
14:08 EDTKRFTEarnings Preview: Keurig Green Mountain sees FY14 EPS $3.71-$3.78
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