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Starbucks Announces Coffee K-Cup Portion Packs to Be Available in November
Tuesday, August 30, 2011 - 6:51am | 76Starbucks Corporation (NASDAQ: SBUX) today announced that Starbucks coffee K-Cup Portion Packs for the Keurig Single Cup Brewing system will be available throughout grocery stores and specialty retailers in the U.S. starting in November 2011. Starbucks is the exclusive licensed super-premium coffee...
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The Cheesecake Factory Names New Chief Marketing Officer
Monday, August 29, 2011 - 4:15pm | 53The Cheesecake Factory Incorporated (NASDAQ: CAKE) today announced that Donald Evans joined the Company as Chief Marketing Officer. Mr. Evans will be responsible for all aspects of the Company's marketing and branding, including planning and executing marketing strategies, and social media and...
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Brinker Raises Quarterly Dividend
Monday, August 29, 2011 - 8:13am | 37Brinker International Inc (NYSE: EAT) raised its quarterly dividend payout by $0.02. Brinker lifted its dividend to $0.16 per share, from $0.14 per share. Brinker shares gained 3.53% to close at $22.56 on Friday.
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Brinker International Increases Dividend by 14% to $0.16
Monday, August 29, 2011 - 7:45am | 51The Board of Directors for Brinker International, Inc. (NYSE: EAT) declared a quarterly dividend of $0.16 per share on the common stock of the company payable on Sept. 29, 2011 to shareholders of record as of Sept. 9, 2011. This represents a 14 percent increase in Brinker's quarterly dividend.
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Notable Call Options Activity in Krispy Kreme Doughnuts
Friday, August 26, 2011 - 12:00pm | 137Shares of Krispy Kreme Doughnuts (NYSE: KKD) are higher on the session by 10.59%, currently trading at $8.67. The stock has been moving largely higher over the past week and is currently trading above the 50-day moving average. Options traders are focusing on calls today. A short while ago the...
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Do Delicious Doughnuts Make Your Portfolio Fatter?
Friday, August 26, 2011 - 11:22am | 690Krispy Kreme Doughnuts (NYSE: KKD) shares are a little doughier this morning, after the doughnut maker reported much better than expected earnings. The Winston-Salem, NC-based company reported second quarter earnings of 12 cents on $98 million in revenues. Wall Street had been expecting earnings...
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Groupon's Andrew Mason: "I've Never Been More Confident and Excited about the Future of our Business"
Friday, August 26, 2011 - 10:54am | 1085In an internal memo sent to thousands of employees, Groupon CEO and co-founder Andrew Mason breaks his silence. Kara Swisher of AllThingsD has scored an exclusive look at the memo, which addresses the silly (if not absurd) controversy surrounding Groupon's accounting practices. Known as ACSOI (...
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Benzinga's Top Pre-Market Losers
Friday, August 26, 2011 - 7:49am | 106OmniVision Technologies Inc (NASDAQ: OVTI) fell 22.24% to $19.30 in the pre-market trading. OVTI issued downbeat second-quarter forecast. Frontline Ltd (NYSE: FRO) dipped 3.24% to $6.27 in the pre-market session. FRO swung to a Q2 net loss. Freeport-McMoRan Copper & Gold Inc (NYSE: FCX)...
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Stocks To Watch For August 26
Friday, August 26, 2011 - 3:27am | 207Some of the stocks that may grab investor focus today are: Krispy Kreme Doughnuts (NYSE: KKD) reported upbeat second-quarter results. The company's profit came in at $8.8 million, or $0.12 per share, on sales of $98 million. Excluding a one-time gain, the company's earnings came in at $0.06 per...
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Morning Losers; Solera Holdings Down Over 10%
Thursday, August 25, 2011 - 10:35am | 60Solera Holdings (NYSE: SLH) -10.72% despite the upbeat earnings reported yesterday. Patterson Companies (NASDAQ: PDCO) -9.19% despite higher than expected profit. rue21 (NASDAQ: RUE) -6.97 on downbeat earnings. Brinker International (NYSE: EAT) -4.59% on heavy volume.
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Frisch's Closes Six Golden Corral Restaurants
Thursday, August 25, 2011 - 10:05am | 64Frisch's Restaurants, Inc. (NYSE: FRS) announced today that it closed six of its 35 Golden Corral restaurants at the close of business on August 23, 2011. Four of the six underperforming restaurants – Western Hills, Ridge Road, Lawrenceburg and Hamilton - were operated in the greater Cincinnati...
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Oppenheimer Has Outperform On Panera
Thursday, August 25, 2011 - 7:46am | 157Oppenheimer & Co. is out with a research report on Panera (NASDAQ: PNRA) and it has an Outperform rating and a $135 price target on shares. In a note to clients, Oppenheimer & Co. writes, "We'd be buyers of PNRA and believe the business model is defensively positioned, pricing power is...
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US Stock Futures Slightly Down Ahead Of Jobless Claims Data; Apple Shares Drop In Pre-Market
Thursday, August 25, 2011 - 6:29am | 544US stock futures are slightly lower this morning, as investors are awaiting jobless claims data. Shares of Apple Inc (NASDAQ: AAPL) dropped about 4.5% in pre-market trading following the resignation of Chief Executive Officer Steve Jobs. Futures for the Dow Jones Industrial Average dropped 12...
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Earnings Scheduled For August 25
Thursday, August 25, 2011 - 4:00am | 586Krispy Kreme Doughnuts Inc (NYSE: KKD) is expected to report its Q2 EPS at $0.06 on revenue of $92.26 million. Hormel Foods Corporation (NYSE: HRL) is estimated to report its Q3 EPS at $0.35 on revenue of $1.87 billion. Shoe Carnival Inc (NASDAQ: SCVL) is projected to report its Q2 EPS at $0.30...
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Is This The First Time Apple Has Ever Been Wrong?
Wednesday, August 24, 2011 - 11:13am | 630It seems like Apple (NASDAQ: AAPL) can do no wrong, from iPods, to iPhones, to iPads. Everything the company does turns to gold. AppleInsider is reporting that Apple is a backer of having an overseas profit tax holiday for U.S. companies. There is an estimated $1.5 trillion in cash overseas on...