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Jamba Q2 Company-Owned Comparable Store Sales up 4.3%
Monday, August 8, 2011 - 4:02pm | 94Jamba, Inc. (NASDAQ: JMBA) reported today preliminary comparable store sales for the second fiscal quarter ended July 12, 2011. Company-owned comparable store sales(1) increased 4.3% for the quarter as compared to the prior year period, reflecting the Company's third consecutive quarter of...
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McDonald's Investors Loving It, Relatively Speaking
Monday, August 8, 2011 - 11:00am | 626With the Dow off over 300 points on a slew of worries this morning, investors in McDonald's Corporation (NYSE: MCD) are lovin' it this morning, relatively speaking. The Oakbrook, Ill-based company reported a 5.1% increase in July same-store-sales this morning, as smoothies helped the U.S., and...
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Market Update
Monday, August 8, 2011 - 9:46am | 177Shares of McDonald's Corp (NYSE: MCD) dropped about 1.5% after the company reported a 5.1% rise in its global same-store sales rose in July. McDonald's reported that its US same-store sales surged 4.4%, Europe increased by 5.3%, and Asia/Pacific, Middle East and Africa same-store sales rose 4%....
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McDonald's Reports 5.1% Surge In July Global Same-Store Sales
Monday, August 8, 2011 - 8:16am | 51McDonald's Corp (NYSE: MCD) reported a 5.1% rise in its global same-store sales rose in July. McDonald's reported that its US same-store sales surged 4.4%, Europe increased by 5.3%, and Asia/Pacific, Middle East and Africa same-store sales rose 4%. McDonald's shares dropped 1.49% to $83.81 in...
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McDonald's July Comparable Sales Up 5.1%
Monday, August 8, 2011 - 7:58am | 39McDonald's Corporation (NYSE: MCD) today announced global comparable sales growth of 5.1% in July. Performance by segment was as follows: U.S. up 4.4% Europe up 5.3% Asia/Pacific, Middle East and Africa up 4.0%
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Preparing for This Week After the Debt Downgrade
Sunday, August 7, 2011 - 10:07pm | 734Click here for a FREE Trading Course The United States' debt was downgraded on Friday by Standard &Poors. There is plenty of commentary available in the media and online as to why and how it happened and potential implications. I'll save you the time and cut right to the chase on what I'm...
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Carrols Restaurant Group Completes Refinancing
Friday, August 5, 2011 - 3:06pm | 81Carrols Restaurant Group, Inc. (NASDAQ: TAST), the parent company of Carrols Corporation, announced today that its indirect wholly-owned subsidiary, Fiesta Restaurant Group, Inc., closed its previously announced offering of $200 million of 8.875% senior secured second lien notes due 2016. Fiesta...
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Market Losers as of 10am
Friday, August 5, 2011 - 10:19am | 317CoreLogic (NYSE: CLGX) is trading down over 27% after being cut to Neutral at Bank of America. Brocade Communications (NASDAQ: BRCD) is trading down over 27% after being cut to Market Perform at Oppenheimer. Pacific Biosciences (NASDAQ: PACB) is trading down over 19.9% after being cut to Neutral at...
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What's the Best Way to Get Rich? Mark Cuban Answers
Friday, August 5, 2011 - 9:07am | 551You'll never guess what it takes to make money. On his personal blog, Mark Cuban has re-posted a piece he wrote three years ago entitled, “How to Get Rich.” But this is no get-rich-quick scheme. In fact, Cuban warns that the path to wealth could to take you several years, if not several decades...
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Sterne Agee Downgrades CEC Entertainment To Neutral, Removes PT
Friday, August 5, 2011 - 8:33am | 27Sterne Agee has downgraded CEC Entertainment (NYSE: CEC) from Buy to Neutral and has removed its latest price target.
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Mad Money Lightning Round: Cramer Advises Investors Not To Sell Alcoa
Friday, August 5, 2011 - 3:57am | 142On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Triquint Semiconductor (NASDAQ: TQNT) is “levered to cell phones and I do not like tech. I also don't like banks and I don't like health care or defense, either." For SodaStream (NASDAQ: SODA), he said, "The highest growth...
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Jefferies Rating and PT Updates 8/4
Thursday, August 4, 2011 - 8:12am | 1311Jefferies made a number of rating and price target changes in a research report published today. AstraZeneca PLC (NYSE: AZN) had its rating upgraded from Underperform to Hold. On Wednesday, AZN lost 0.34% of its value to finish the day at $47. Its shares continued to slide in today's pre-market...
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UPDATE: Jefferies Raises PT on Caribou Coffee to $17
Thursday, August 4, 2011 - 8:08am | 110Jefferies is out with its report today on Caribou Coffee (NASDAQ: CBOU), raising its PT from $14 to $17. In its report, Jefferies writes, "2Q EPS (taxed) of $0.13 vs. our $0.08/cons $0.09, as strong growth in CPG biz (+94%) & 4.6% SSS at coffeehouses drove upside. Stock likely up on 2Q beat...
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News Summary for August 4, 2011
Thursday, August 4, 2011 - 7:51am | 587This is your Benzinga news summary and traders' outlook for Thursday, August 4, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are set for a weak morning as traders wait for the jobless claims data. At last check...
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Bank of America Updates on Yum Brands
Thursday, August 4, 2011 - 7:40am | 91Bank of America has published a report on Yum Brands Inc (NYSE: YUM) reiterating estimates and ratings. In the report, Bank of America wrote, "While the growth story at YRI is impressive, we note that overall same store sales growth of 2% in the first half of 2011, lags the international sales...