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Stock Market & Financial Investment News

News Breaks
June 10, 2014
11:38 EDTSONCSonic sees $15M-$25M of free cash flow in FY14
Sees FY14 CapEx $70M-$75M, largely technology. Financial objectives including growing EBITDA with improved sales. Says has $21.6M remaining on share repurchase authorization. Says has "solid" business model for consistent EPS growth. Comments made at the William Blair & Company LLC Growth Stock Conference.
News For SONC From The Last 14 Days
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September 16, 2014
16:07 EDTSONCSonic targets 50 to 60 new franchise drive-in openings in FY15
16:07 EDTSONCSonic sees FY15 free cash flow $65M-$75M
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16:06 EDTSONCSonic sees FY15 EPS growth at higher end of its long term 14%-20% EPS target
16:03 EDTSONCSonic sees FY15 positive SSS in low-single digit range
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September 5, 2014
06:33 EDTSONCHundreds arrested following protests over fast food wages, NY Times says
Nearly 500 protestors seeking a $15 per hour wage for fast food workers were arrested in sit-ins yesterday, organizers of the sit-ins told The New York Times. Some home care aides, recruited by the Service Employees International Union, jointed the protests, the newspaper stated. Fast food companies include McDonald's (MCD), Burger King (BKW), Wendy's (WEN), Jack in the Box (JACK), and Sonic Corporation (SONC).Reference Link

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