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Stock Market & Financial Investment News

News Breaks
June 10, 2014
09:03 EDTRCII, EATRent-A-Center names Guy Constant as CFO, Treasure, effective June 16
Rent-A-Center (RCII) named Guy J. Constant as EVP – Finance, CFO and Treasurer effective as of June 16. As CFO, Constant will be responsible for all aspects of the financial operations of the company, and will play a key role in developing and executing the company’s strategic plan. He will report to Robert D. Davis, CEO. Constant was previously employed by Brinker International (EAT). The company also named Jody Diaz as Senior Vice President – Human Resources and Chief People Officer effective as of June 16.
News For RCII;EAT From The Last 14 Days
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October 22, 2014
08:48 EDTEATBrinker weakness creates buying opportunity, says Sterne Agee
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October 21, 2014
10:36 EDTEATBrinker 'optimistic' about Maggianos during holiday season
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10:29 EDTEATBrinker backs guidance of 25-50 bp of restaurant-levell op margin expansion
The company said we were not surprised by margins with the exception of the commodity expenses. Expects commodity expenses also comes back in line. The company said it is now working on changing the trajectory of the brand at Chili's with a lot more initiatives to come. It said it is nowhere near the end of the potential of grow market share. Comments taken from Q1 earnings conference call.
10:00 EDTRCIIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AbbVie (ABBV) downgraded to Neutral from Buy at Guggenheim... BHP Billiton (BHP) downgraded to Hold from Buy at Jefferies... Bank of Marin (BMRC) downgraded to Market Perform from Outperform at Keefe Bruyette... Cobalt (CIE) downgraded to Speculative Buy from Buy at Global Hunter... Consolidated Edison (ED) downgraded to Underweight at Morgan Stanley... Deutsche Post (DPSGY) downgraded to Hold from Buy at Deutsche Bank... HCP (HCP) downgraded to Hold from Buy at Jefferies... IBM (IBM) downgraded to Hold from Buy at Evercore... Inland Real Estate (IRC) downgraded to Underperform from Neutral at BofA/Merrill... PerkinElmer (PKI) downgraded to Neutral from Buy at Janney Capital... Philips (PHG) downgraded to Neutral at UBS... QEP Midstream Partners (QEPM) downgraded to Market Perform at Wells Fargo... Rent-A-Center (RCII) downgraded to Market Perform from Outperform at Raymond James... Rhino Resources (RNO) downgraded to Underperform from Market Perform at Raymond James... Universal Forest (UFPI) downgraded to Neutral from Buy at Sterne Agee.
07:48 EDTEATBrinker reports sales up 3.4% $686.9M, comparable restaurant sales up 2.4%
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07:47 EDTEATBrinker reports Q1 Chili's comparable restaurant sales up 2.6%, traffic up 0.1%
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07:46 EDTEATBrinker reports Q1 EPS excl items 50c, consensus 50c
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07:20 EDTRCIIRent-A-Center downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded Rent-A-Center to Market Perform due to valuation.
October 20, 2014
16:24 EDTRCIIRent-A-Center backs FY14 guidance provided during Q2
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16:23 EDTRCIIRent-A-Center reports Q3 EPS 48c, consensus 47c
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15:30 EDTRCIINotable companies reporting after market close
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14:29 EDTEATBrinker technical notes ahead of earnings
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13:33 EDTEATEarnings Preview: Brinker still sees $4 in EPS by 2017
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10:38 EDTRCIIHigh option volume stocks
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