New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 22, 2014
08:03 EDTLOCOEl Pollo Loco signs franchisee to 20 unit expansion agreement in Texas
El Pollo Loco signed AA Pollo to a 20 restaurant franchise development agreement as the first step in a multi-year franchising initiative designed to expand the nation's leading fire-grilled chicken restaurant chain's presence in the greater Southwest. As part of their agreement, AA Pollo Inc. will develop 20 new El Pollo Loco restaurants in Houston, a new development market, and San Antonio. The franchisee company has also purchased six El Pollo Loco restaurants in San Antonio. AA Pollo Inc. is owned by Anil Yadav, a multi-unit franchisee who owns and operates more than 260 restaurants with three brands covering multiple states. In addition to Texas, El Pollo Loco will look to expand its presence in California, Nevada and key contiguous new markets. The brand is targeting growth of eight to ten percent per year, which will be achieved through a combination of company, and existing and new franchisee development.
News For LOCO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 20, 2015
09:25 EDTLOCOOn The Fly: Pre-market Movers
UP AFTER EARNINGS: American Eagle Outfitters (AEO), up 8.6%... Computer Sciences (CSC), up 4.1%. ALSO HIGHER: Sarepta Therapeutics (SRPT), up 44.5% after announcing plans for rolling eteplirsen NDA... Genocea Biosciences (GNCA), up 22.5% after GEN-003 Phase 2 trial met primary endpoint... IsoRay (ISR), up 31.7% after Cesium-131 reports 96% success in local control and 100% survival in 5 years... AVEO Pharmaceuticals (AVEO), up 15.7% after presenting results of extension study 902 and gets FDA feedback for tivozanib... Pep Boys (PBY), up 12.5% following reports that potential buyer have approached the company about a possible takeover. DOWN AFTER EARNINGS: Etsy (ETSY), down 19.5%... China Distance Education (DL), down 7.7%... Keysight Technologies (KEYS), down 5.7%.... Lowe's (LOW), down 5.2%. ALSO LOWER: Lpath (LPTN), down 75.6% after announcing that it will undergo corporate restructuring... Achillion Pharmaceuticals (ACHN), down 10.1% following collaboration for HCV with Janssen... El Pollo LoCo (LOCO), down 3.5% after 6M share Block Trade priced at $22.25... Cimarex Energy (XEC), down 3.3% after 6M share Spot Secondary priced at $109.00.
09:18 EDTLOCOEl Pollo Loco 6M share Block Trade priced at $22.25
The deal size range was $22.15-22.35. Jefferies acted as sole book running manager for the offering.
May 15, 2015
16:17 EDTLOCOOn The Fly: Top stock stories for Friday
Subscribe for More Information
13:01 EDTLOCOOn The Fly: Top stock stories at midday
Subscribe for More Information
11:46 EDTLOCOEl Pollo Loco plummets after Q1 comparable restaurant sales growth slows
Subscribe for More Information
09:45 EDTLOCOEl Pollo Loco tumbles after earnings, levels to watch
The shares are down 14.9% to $24.76 at time of writing. At that price next support is at $24, and then at $23.31. Resistance is at $25.43.
09:11 EDTLOCOOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Bsquare (BSQR), up 34.2%... Applied Materials (AMAT), up 3.2%. ALSO HIGHER: Trillium Therapeutics (TRIL), up 13% after being initiated with an Outperform at Oppenheimer... Pernix Therapeutics (PTX), up 7.4% after announcing FDA approval of Treximet for use in pediatric patients... Advaxis (ADXS), up 4.4% after being initiated with a Buy at Jefferies... Netflix (NFLX), up 3.3% following a Bloomberg report that the company is in talks to enter China's online video market... Inovalon (INOV), up 2.9% after being upgraded to Buy from Neutral at Goldman. DOWN AFTER EARNINGS: El Pollo LoCo (LOCO), down 12.8%... King Digital (KING), down 8.3%. ALSO LOWER: PlasmaTech (PTBI), down 5.4% after filing to sell 1.93M shares for selling stockholders... Paycom Software (PAYC), down 7% after 8M share Spot Secondary priced at $36.25... Keurig Green Mountain (GMCR), down 5.9% after Keurig Kold investor presentation... 3D Systems (DDD), down 2.4% after CFO transition... Celladon (CLDN), down 5.1% after the CEO says that the company is evaluating strategic options.
09:02 EDTLOCOEl Pollo Loco weakness provides attractive entry point, says Baird
Baird said the weakness in El Pollo Loco following its Q1 results is providing a reasonably good entry point for patient investors. The firm was disappointed by soft comps, but believes the company can deliver on its guidance with internal drivers and a refined promotional strategy. Baird reiterated its Outperform rating and $34 price target on El Pollo Loco shares.
08:25 EDTLOCOEl Pollo Loco pullback a buying opportunity, says Jefferies
Subscribe for More Information
May 14, 2015
19:02 EDTLOCOOn The Fly: After Hours Movers
Subscribe for More Information
16:44 EDTLOCOEl Pollo Loco drops sharply after earnings, levels to watch
Subscribe for More Information
16:32 EDTLOCOEl Pollo Loco down 11% following Q1 results, guidance
Subscribe for More Information
16:06 EDTLOCOEl Pollo Loco reports Q1 pro forma EPS 18c, consensus 17c
Reports Q1 revenue $90.4M, consensus $88.49M. System-wide comparable restaurant sales grew 5.1%, including a 3.5% increase for company-operated restaurants, and a 6.2% increase for franchised restaurants.
16:04 EDTLOCOEl Pollo Loco sees FY15 EPS 67c-71c, consensus 70c
Sees FY15 system-wide comparable restaurant sales growth of 3.0%-5.0%.
16:03 EDTLOCOEl Pollo Loco reports Q1 EPS 17c, consensus 17c
Reports Q1 revenue $90.4M, consensus $88.49M. System-wide comparable restaurant sales grew 5.1%, including a 3.5% increase for company-operated restaurants, and a 6.2% increase for franchised restaurants.
May 12, 2015
08:54 EDTLOCOEl Pollo Loco volatility elevated into Q1 and outlook
El Pollo Loco May call option implied volatility is at 86, June is at 40, September is at 37; compared to its 90-day average of 42; suggesting large near term price movement into the expected release of Q1 results on May 14.

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