News Breaks |
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| February 13, 2013 |
| 11:52 EDT |  | MCD, EAT, DPZ, BJRI, DRI, PZZA, SONC, JACK | Fast food stocks fall after Obama proposes raising minimum wage
Stocks of many fast food and casual dining companies are retreating significantly after President Obama proposed increasing the national minimum wage to $9 per hour from the current $7.25 per hour during his state of the Union speech last night. In late morning trading, McDonald's (MCD) dropped 1.7% to $93.50, Brinker (EAT) slid 3% to $32, Domino's Pizza (DPZ) dropped 2% to $45.50, BJ's Restaurant (BJRI) tumbled 3.5% to $33, and Darden Restaurant (DRI) retreated 2.5% to $45.50. |
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News For MCD;EAT;DPZ;BJRI;DRI;PZZA;SONC;JACK From The Last 14 Days Check below for free stories on MCD;EAT;DPZ;BJRI;DRI;PZZA;SONC;JACK the last two weeks. |
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| May 20, 2013 |
| 08:13 EDT |  | BJRI | BJ's Restaurants price target raised to $43 from $38 at Oppenheimer
Oppenheimer increased its price target on BJ's Restaurants after meeting with the company's management, as the firm thinks that Street estimates for the company are conservative, while the stock remains attractive. The firm keeps an Outperform rating on the stock. |
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| 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 |
| 10:03 EDT | | JACK | On The Fly: Analyst Downgrade Summary
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| 07:38 EDT | | JACK | Jack in the Box outlook still positive, says Oppenheimer
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| 06:40 EDT | | JACK | Jack in the Box downgraded to Outperform from Top Pick at RBC Capital
RBC Caital downgraded Jack in the Box to Outperform due to valuation. Price target raised to $45 from $38. |
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| May 15, 2013 |
| 16:11 EDT |  | JACK | Jack in the Box sees FY13 EPS $1.55-$1.65, consensus $1.61
Sees FY13 SSS up approximately 1.5%-2.5%. FY13 SSS are expected to be approximately flat to up 1% at Qdoba company restaurants. Approximately 20 new Jack in the Box restaurants are expected to open, including approximately 6 company locations; 70-75 new Qdoba restaurants are expected to open, of which approximately 40 are expected to be company locations. Capital expenditures are expected to be $95-$105M. |
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| 16:08 EDT | | JACK | Jack in the Box sees Q3 SSS up approximately 1%-3%
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| 16:07 EDT | | JACK | Jack in the Box reports Q2 adjusted EPS 33c, consensus 31c
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| 15:11 EDT | | JACK | Notable companies reporting after market close
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| 10:13 EDT | | DPZ | On The Fly: Analyst Downgrade Summary
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| 06:35 EDT | | DPZ | Domino's Pizza downgraded to Hold from Buy at Miller Tabak
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| May 13, 2013 |
| 13:03 EDT | | BJRI | BJ's Restaurants management to meet with Sterne Agee
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| May 10, 2013 |
| 06:59 EDT | | MCD | McDonald's to stop selling Angus burgers, Angus snack wraps, AP reports
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| May 9, 2013 |
| 11:29 EDT | | DPZ | Domino's Pizza management to meet with Oppenheimer
Meeting to be held in the Southeast on May 15 hosted by Oppenheimer. |
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| 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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| 07:11 EDT | | MCD | Wendy's, McDonald's fight for value conscious customers, WSJ reports
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| 06:10 EDT | | MCD | On the Fly: Periodicals Wrap-Up
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