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Stock Market & Financial Investment News

News Breaks
November 13, 2012
05:35 EDTPZZAPapa John's: Federal Court certifies nationwide class action for spam messages
On Nov. 9, U.S. District Court Judge John C. Coughenour certified a nationwide class action case against Papa John's International (PZZA) with potential damages over $250M. The lawsuit is brought on behalf of Papa John's customers across the U.S. who were sent unwanted text messages that advertised Papa John's pizza. The ruling paves the way for what could be one of the largest damages awards ever recovered under the federal Telephone Consumer Protection Act. The class action lawsuit contends that 500,000 illegal text messages were sent to Papa John's customers across the country. Papa John's customers could be awarded $500 or more in statutory damages for each text message.
News For PZZA From The Last 14 Days
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October 16, 2014
13:40 EDTPZZANY AG sues Papa John's franchise for underpaying over 400 workers
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October 14, 2014
11:21 EDTPZZADomino's Pizza rises after Q3 profits benefit from high cheese costs
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09:37 EDTPZZADomino's Pizza sees potential for additional 3.8K stores in top 15 markets
Says has 'robust' international business. Says its store count growing faster internationally than Pizza Hut or Papa Johns (PZZA). Pizza Hut is owned by Yum! Brands (YUM). Says now offering voice ordering for Apple's (AAPL) iPhone and Google's (GOOG) Android operating systems. Says in terms of the franchise's long-range outlook, sees global net units to increase 4%-6%, sees domestic SSS to increase 2%-4%, sees international SSS to increase 3%-6% and sees global retail sales to increase 6%-10%. Comments taken from the company's Q3 earnings conference call slide presentation.

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