News Breaks |
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| August 31, 2012 |
| 11:57 EDT |  | CAKE, EAT, MCD, PNRA, YUM, WEN, CMG, DRI, BKW | NRA Restaurant Performance Index falls to lowest level in nine months
The National Restaurant Association said its Restaurant Performance Index, a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry, fell to its lowest level in nine months in July. The RPI stood at 100.2 in July, down 1.1% from June and the lowest mark since a reading of 100.0 in October. Although restaurant operators reported positive same-store sales for the 14th consecutive month in July, results were much softer than recent months, the NRA said. The NRA also said, "Only 22% of restaurant operators expect economic conditions to improve in the next six months, the lowest level in 10 months. Despite their uncertainty, roughly one-half of restaurant operators still plan to make a capital expenditure for equipment, expansion or remodeling in the next six months, which is a positive indicator for both the industry’s supply chain and the overall economy.” |
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News For MCD;BKW;WEN;EAT;DRI;YUM;CAKE;CMG;PNRA From The Last 14 Days Check below for free stories on MCD;BKW;WEN;EAT;DRI;YUM;CAKE;CMG;PNRA the last two weeks. |
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| May 20, 2013 |
| 07:42 EDT |  | MCD | Cohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22. |
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| 07:41 EDT |  | EAT | Follow-up: Brinker downgraded to Market Perform at Wells Fargo
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| 06:58 EDT | | EAT | Brinker downgraded to Market Perform from Outperform at Wells Fargo
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| May 17, 2013 |
| 06:15 EDT |  | MCD | McDonald's to reduce its menu, Bloomberg reports
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| May 16, 2013 |
| 16:48 EDT | | YUM | Yum! Brands Taco Bell CEO sees doubling revenue to $14B in 10 years
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| May 15, 2013 |
| 17:12 EDT | | BKW | Pershing Square gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: Burger King (BKW) and Mondelez (MDLZ). DECREASED STAKES: Matson (MATX). LIQUIDATED STAKES: None. |
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| May 13, 2013 |
| 10:12 EDT | | YUM | Yum! Brands falls after reporting 29% China sales decline
Shares of Yum! Brands (YUM) are retreating after the company disclosed that its same store sales had tumbled 29% in China last month, versus the same period in 2012. WHAT'S NEW: The 29% decline in Yum's same-store sales in China, which the company announced on Friday night in an SEC filing, was roughly in-line with the its previous guidance for a decline of about 30%. The outbreak of avian flu in China had a significant negative impact on sales of Yum's KFC restaurants in that country last month, Yum! stated. Historically, the impact of avian flu outbreaks on KFC sales has been "relatively short-lived," Yum! added. ANALYST REACTION: In a note earlier today to investors, Oppenheimer analyst Brian Bittner wrote that Yum's sales in China had probably bottomed last month, as he believes that the avian flu outbreak is unlikely to accelerate. Yum should meet analysts' 2013 consensus estimates, and the company is poised to rebound significantly next year, added the analyst. He kept an Outperform rating on the stock. TODAY'S PRICE ACTION: In early trading, Yum! fell $1.73, or 2.5%, to $68.60. |
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| 10:07 EDT |  | YUM | Yum! Brands July and October volatility low
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| 08:13 EDT |  | YUM | Yum! Brands China comps likely bottomed in Q1, says Oppenheimer
After Yum! Brands reported in-line April China comps of down 29%, Oppenheimer believes that the company's China comps likely bottomed in Q1 as the firm doesn't expect the avian flu outbreak in China to worsen. The firm expects Yum! to meet 2013 expectations, and it thinks the company could rebound significantly next year. The firm reiterates an Outperform rating on the stock. |
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| May 10, 2013 |
| 16:32 EDT | | YUM | Yum! Brands April same-store sales for China division down 29%
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| 11:01 EDT | | PNRA | T. Rowe Price raises passive stake in Panera Bread to 11.4% from 7.4%
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| 09:49 EDT | | YUM | Yum! Brands embarking on media campaign in China, Reuters reports
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| 07:35 EDT | | YUM | Yum! Brands cleared in China after meat safety concern, WSJ says
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| 06:59 EDT | | MCD | McDonald's to stop selling Angus burgers, Angus snack wraps, AP reports
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| May 9, 2013 |
| 09:38 EDT | | MCD | Active equity option families trading
Active equity option families trading on open according to Track Data: TSLA AAPL GOOG MNST BIDU MCD. |
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| 09:25 EDT | | CMG | Chipotle Mexican Grill volatility at six-year lows; shares near 10-month high
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| 07:11 EDT | | MCD, WEN | Wendy's, McDonald's fight for value conscious customers, WSJ reports
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| 06:10 EDT | | WEN, MCD | On the Fly: Periodicals Wrap-Up
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| May 8, 2013 |
| 18:31 EDT | | CMG | Jeff Gundlach recommends shorting Chipotle at Sohn Conference
According to live blog of Sohn Investment Conference. |
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| 07:59 EDT | | MCD | McDonald's reports April global comparable sales down 0.6%
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