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Golden Arches Have The Golden Touch
Friday, July 22, 2011 - 9:34am | 584McDonald's Corporation (NYSE: MCD) shares are up more than 2% this morning after the company reported much better than expected earnings this morning, led by gains surprisingly in France, as well as Asia. The company reported second quarter earnings of $1.35 per share on $6.91 billion in...
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Ruby Tuesday Down 10% Pre-Market on Lower Guidance, BofA Downgrade
Friday, July 22, 2011 - 9:04am | 55Ruby Tuesday (NYSE: RT) is down 10% pre-market on yesterday's lower guidance and BofA downgrade this morning. The company guided 2012 EPS lower than the street estimates and was downgraded by Bank of America from Neutral to Underperform. Ruby Tuesday is currently trading at $9.89 pre-market, a...
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Carrols Corporation Commences Cash Tender Offer and Consent Solicitation for Its Outstanding 9% Senior Subordinated Notes Due 2013
Friday, July 22, 2011 - 8:33am | 109Carrols Restaurant Group, Inc. (NASDAQ: TAST) announced today that Carrols Corporation has commenced an offer to purchase for cash any and all of the $165 million outstanding principal amount of its 9% Senior Subordinated Notes due 2013. In conjunction with the tender offer, Carrols Corporation...
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Piper Jaffray Raises PT On BJRI To $52
Friday, July 22, 2011 - 8:18am | 92Piper Jaffray has issued a report raising the Price Target on BJ's Restaurants (NASDAQ: BJRI) from $50 to $52 a share. According to the report, "Further, we continue to believe ongoing restaurant-level investments help support a compelling value proposition for consumers and should in turn help...
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Bank of America Downgrades Ruby Tuesday To Underperform, Lowers PO To $9
Friday, July 22, 2011 - 7:40am | 29Bank of America has downgraded Ruby Tuesday (NYSE: RT) from Neutral to Underperform and has lowered the price objective from $13.60 to $9.
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Piper Jaffray Raises PT On BJ's Restaurants To $52
Friday, July 22, 2011 - 6:36am | 27Piper Jaffray has raised the price target on BJ's Restaurants (NASDAQ: BJRI) from $50 to $52 and maintains its Overweight rating.
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US Stock Futures Up; GE Earnings In Focus
Friday, July 22, 2011 - 6:27am | 441US stock futures are higher this morning, as investors are awaiting quarterly earnings from General Electric Co (NYSE: GE). The Eurozone leaders agreed on the form of the second Greek bailout. Futures on the Dow Jones Industrial Average surged 48 points to 12,738.00 and futures on the S&P 500...
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Earnings Scheduled For July 22
Friday, July 22, 2011 - 4:34am | 353General Electric Co (NYSE: GE) is expected to report its Q2 EPS at $0.32 on revenue of $34.72 billion. Schlumberger NV (NYSE: SLB) is projected to report its Q2 EPS at $0.85 on revenue of $9.17 billion. Verizon Communications Inc (NYSE: VZ) is estimated to report its Q2 EPS at $0.55 on revenue of...
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Stocks To Watch For July 22
Friday, July 22, 2011 - 3:35am | 252Some of the stocks that may grab investor focus today are: Wall Street expects Caterpillar Inc (NYSE: CAT) to report its Q2 earnings at $1.79 per share on revenue of $13.52 billion. Caterpillar shares gained 1.57% to $113.35 in after-hours trading. Microsoft Corp (NASDAQ: MSFT) reported its FQ4...
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After Hours Earnings Movers
Thursday, July 21, 2011 - 4:53pm | 113A number of companies reported earnings on Thursday after the closing bell. Here is a look at the biggest movers. Cepheid (NASDAQ: CPHD) +9.07% to $34.50 Athenahealth (NASDAQ: ATHN) +9.10% to $53.00 Ruby Tuesday (NYSE: RT) -8.60% to $10.10 Acme Packet (NASDAQ: APKT) -8.09% to $55.25 C.R. Bard...
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Cosi Reports Q2 Comparable Restaurant Sales -0.2%
Thursday, July 21, 2011 - 4:01pm | 42Così, Inc. (NASDAQ: COSI) today reported that system-wide comparable restaurant sales for the 2011 second quarter as measured for restaurants in operation for more than 15 months decreased by 0.2% when compared to the second quarter of 2010.
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What's Hot On TheStreet
Thursday, July 21, 2011 - 1:40pm | 262Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet Verizon Should Benefit from iPhone Demand Verizon (NYSE: VZ) is scheduled to report quarterly earnings before the market open on Friday. Investors will on the lookout for subscriber growth related to Apple's (...
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Dividend Stock ETFs vs. Dividend Stock Mutual Funds
Thursday, July 21, 2011 - 12:13pm | 98When it comes to dividend stock investing for a retirement portfolio, investors have the following three ways: Invest in dividend stocks directly. Invest[...more...] (MCD) (CVX) (SPX) (COP) (PEP) (KO) (UTX) (IBM) (PG) (XOM...
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Deutsche Bank Reiterates Hold and PT of $60 on Yum Brands
Thursday, July 21, 2011 - 9:37am | 47Deutsche Bank reiterated its Hold rating on Yum Brands (NYSE: YUM). At the same time, the rating agency left its price target on the company's stock unchanged at $60. In today's trading, YUM lost 0.09% of its value to trade around $54.29.
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Sterne Agee Has Buy On The Cheesecake Factory Incorporated
Thursday, July 21, 2011 - 9:31am | 147Sterne Agee is out with a research report on The Cheesecake Factory Incorporated (NASDAQ: CAKE) and it has a Buy rating on shares after it reported earnings last night. It has a $36 price target on shares. In a note to clients, Sterne Agee writes, "We are maintaining our BUY rating based on the...