Sector Snap: Analyst calls restaurants a bargain
Keywords: Sector Snap: Analyst calls restaurants a bargain, bjri,cake,dri,eat,mcd,wen, stocksQuote:
and Brinker International Inc. jumped Thursday after both companies reported encouraging results from their most recent quarter.Wendy's said its net income climbed on a 2 percent rise in revenue after it sold it struggling Arby's chain. The company's net income rose 5 percent to $11.3 million. Wendy's last month sold Arby's to a private-equity firm after about three years as a combined company.Brinker International, the parent company of restaurant chains Chili's and Maggiano's, said its fiscal ...Read article
Cisco, News Corp, AOL are big market movers
Keywords: Cisco, News Corp, AOL are big market movers, aol,bgg,cf,csco,eat,kss,nwsa,sleQuote:
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:NYSEAOL Inc., up $1.25 at $11.47The Internet company approved a $250 million stock buyback plan after the massive sell-off of its shares this week.Sara Lee Corp., down 22 cents at $17.09The food maker is planning cost cuts, but its outlook for the upcoming year fell short of Wall Street expectations.Brinker International Inc., up $2.96 at $23.54The owner of Chili's a...Read article
U.S. Stocks Rally as Jobless Claims, Profits Offset Europe Woes
Brinker International Inc. (EAT) surged 14 percent to $23.54. The
operator of the Chiliâ€™s restaurant chain forecast 2012 profit
that exceeded analystsâ€™ estimates.
Chevron Corp. (CVX) added 3.9 percent to $94.07.
Exxon Mobil Corp. (XOM) more
than 6 percent below yesterdayâ€™s closing price led to the
triggering of a circuit breaker, pausing trading in the stock.
The trade, later canceled, was executed at 10:33 a.m. New
York time at $63.47 on an exchange operated by Bats Glob...Read article
Investors Can Take Advantage of Wild Swings
Keywords: Investors Can Take Advantage of Wild Swings, kss,soda,sle,eat,fnsr, ideas-and-strategiesQuote:
Analysts were expecting a profit of 28 cents on revenue of $70.9 million.Sara LeeSLENewspros counted Sara Lee among their top holdings at the end of Q1 and more than 160 tickerspy members own the stock in their portfolios.Shares of restaurant operator Brinker InternationalEATNews) soared 14.4% after the company's second-quarter results beat Wall Street estimates. Texas-based Brinker posted a second-quarter profit of $41.9 million, or 49 cents per share, compared with $63.6 million, or 62 cents p...Read article
Brinker International's CEO Discusses FQ4 2011 Results - Earnings Call Transcript
Brinker International, Inc. (EAT) FQ4 2011 Earnings Call August 11, 2011 10:00 AM ET
Good morning ladies and gentlemen, and welcome to Brinker Internationalâ€™s FQ4 2011 Earnings Conference Call. (Operator instructions.) It is now my pleasure to turn the floor over to your host, Mr. Tony Laday.Sir, the floor is yours.
Thank you, Kate.Good morning, everyone, and welcome to Brinker Internationals FQ4 2011 earnings call, which is also being broadcast live over the internet....Read article
NYSE stocks posting largest volume increases
Keywords: NYSE stocks posting largest volume increases, aiq,aol,bgg,cns,eat,ens,get,nkaQuote:
The shares fell $1.43 or 9.5 percent to $13.56.Brinker International Inc. : Approximately 7,725,800 shares changed hands, a 428.5 percent increase over its 65-day average volume. The shares rose $2.96 or 14.4 percent to $23.54.Citigroup Cap XIII : Approximately 1,823,800 shares changed hands, a 457.6 percent increase over its 65-day average volume. The shares rose $.29 or 1.1 percent to $25.59.Cohen & Steers Inc. : Approximately 768,800 shares changed hands, a 355.2 percent increase over its 65-...Read article
Brinker International Inc Earnings Call scheduled for Thu, Aug 11
Call DetailsBrinker International Inc Earnings Conference Call (Q4 2011)Scheduled
to start Thu, Aug 11, 2011, 10:00 am EasternAfter
the event has finished, the audio will be availablefrom
this page until Sun, Aug 12, 2012About Brinker International IncEAT)Brinker International, Inc. owns, develops, operates, and franchises various restaurant brands primarily in the United States and Washington, D.C. It operates the restaurants under the Chilis Grill & Bar and Maggiano's Little Ita...Read article
Equity Research on Darden Restaurants Inc. and Brinker International Inc. - Restaurants Weathering Food Costs and Competition
Keywords: Equity Research on Darden Restaurants Inc. and Brinker International Inc. - Restaurants Weathering Food Costs and Competition, dri,eatQuote:
DRINews) and Brinker International Inc. EATNewshttp://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index.com to have free access to these research reports.
Increased food costs and greater competition are two of the biggest concerns for the restaurant industry at the moment. These factors have not been able to inhibit growth for some restaurant chains though. Get your free reports on Darden Restaurants Inc. and Brinker International Inc.http://www.shinesrooms.com/index.php?_...Read article
Ruby Tuesday Drops on Upscale Costs
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Miriam Reimer ,Food and BeverageQuote:
TheStreet) -- Ruby Tuesday(RT) shares took a beating Friday, falling around 15%, after the casual dining chain reported disappointing quarterly results on higher costs, and warned that "competitive pressures" will remain for the near term.Kiselev said that Ruby Tuesday's move away from a traditional bar-and-grill restaurant atmosphere to something more upscale was pressuring the company's expenses.By comparison, rival Brinker InternationalEAT), which operates Chili's Grill & Bar restaurants, sai...Read article
Bulls Press Play On Electronic Arts, Sony Call Options, Bears Belly Up To Brinker
The companyâ€™s first-quarter earnings report is expected to hit the stands after the final bell on August 2.
EAT â€“ Brinker International, Inc. â€“ The owner and operator of casual dining restaurant brands Chiliâ€™s Grill & Bar and Maggianoâ€™s Little Italy attracted the attention of at least one bearish options trader this morning. It looks like one or more investors are scooping up put options on Brinker International ahead of the companyâ€™s fourth-quarter ...Read article
Restaurants target healthy kids menus
National Restaurant AssociationNational Restaurant AssociationLatest from The Business JournalsOSI offers healthy menu items with Kids LiveWell programRestaurants target healthy kids menus Burger King, Outback among restaurants targeting healthy kids menus Follow this company is rolling out an initiative to provide more healthful menu options for kids.
â€œKids LiveWellâ€ is a voluntary initiative for restaurants to offer healthful menu items for children, with a focus on increasing cons...Read article
TableTop hires former Brinker research director
TableTop MediaTableTop MediaLatest from The Business JournalsA cloud hub in North Texas?TableTop launches new order, payment systemFollow this companyBrinker InternationalBrinker InternationalLatest from The Business JournalsBenniganâ€™s looking for space, franchisees7-Eleven, Chiliâ€™s connect with Foursquare fansTwo Minutes With Chris Dahlander of Snappy SaladsFollow this company employee Timothy Leslie as vice president of client services.
the Ziosk, a small promotional and payment ...Read article
UPDATE 1-Darden eyes changes at Olive Garden, shares up
Keywords: Lisa Von Ahn, TimDobbynQuote:
Fri Jul 1, 2011 12:53pm EDT
* Eyes $65 million to $75 million in FY12 cost cuts * Sees FY12 EPS of $3.82 to $3.92 * Hints of better economy seen helping casual dining * Shares of Darden and rival Brinker rise(Adds analyst and executive comment, byline, details on
results; updates shares) By Lisa Baertlein LOS ANGELES, July 1 (Reuters) - Darden Restaurants Inc
(DRI.N) is starting a new round of cost cuts and revamping its
marketing and promotions to boost results at its Olive Garden
chain, which...Read article
Applebeeâ€™s Tries â€˜Girlsâ€™ Night Outâ€™ to Win Five Guys Burger Fans
Brinker International Inc. (EAT)â€™s Chiliâ€™s and DineEquity
Inc.â€™s Applebeeâ€™s risk losing young professionals unless they
remake themselves, said Brad Swanson, who runs the restaurant
group at KeyBanc Capital Markets Inc., an investment banking and
equity research firm.
â€œIf you have a little bit of money and youâ€™re educated,
you want a boutique feel, less chain,â€ said Swanson, who is
based in Atlanta.
Chipotle Mexican Grill
Inc. (CMG)Panera Bread Co...Read article
U.S. restaurants may add 425K summer jobs
â€œSeasonal employment is an important indicator of industry performance, as well as a stimulus for local economies across the nation.â€
Ohio is expected to rank seventh among the states that will add the most food and drink places jobs this summer, with the state on par to gain 19,700 jobs this summer.
Some restaurants have already stepped up their hiring.
McDonaldâ€™s Corp.McDonaldâ€™s Corp.Follow this company to hire 50,000 people during a one-day event.
Chipotle Mexican Gr...Read article
What's On: Boeing's Plant Fight, BankRate's CEO and Apple's Stock
Keywords: International Paper Co;IP,Norfolk Southern Corp;NSC,Brinker International, Inc.;EAT,Darden Restaurants Inc;DRI,Apple Inc;AAPL,Bank of America Corp;BAC,Citigroup Inc.;SFSU,Fortress Investment Group;FIG,Boeing Co;BA,Stock Picks,Stock Market,Investment StratQuote:
We're talking about a few restaurant stocks like Darden [DRIÂ Loading...Â Â Â ()Â ] and Brinker [EATÂ Loading...Â Â Â ()Â ]. We're going through the transports, one of the stocks on the list Norfolk Southern [NSCÂ Loading...Â Â Â ()Â ]. ......Read article
BRINKER INTERNATIONAL INC Files SEC form 8-K, Regulation FD Disclosure, Other Events
BRINKER INTERNATIONAL INCRequest a Trial to NEW EDGAR Online Pro
BRINKER INTERNATIONAL INC
7-Jun-2011Regulation FD Disclosure, Other Events
Filing data and information provided by EDGAR Online,
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for...Read article
Jim Cramer's "Mad Money"
Continuing with his "Mad Money" restaurant guide, Cramer sampled the national chains of Darden Restaurants (DRI), which owns the Olive Garden and Red Lobster, Dineequity (DIN), purveyors of IHOP and Applebees and Brinker Int'l (EAT), best known as Chili's. Cramer said with these huge national brands, we don't care about unit growth, but rather which company can turn around its aging brands to become more relevant and which ones can control costs best. Darden, Cramer's long-time favorite restaura...Read article
Restaurant Stocks To Sink Your Teeth Into
Keywords: Brinker International, Inc.;EAT,Darden Restaurants Inc;DRI,Restaurants,Mad Money,Jim Cramer,Mad Money for Mobile,Mad Cap Recap,Stock Picks,Stock Market,Mad Cap RecapQuote:
His contestants: Darden [DRIÂ Loading...Â Â Â ()Â ], DineEquity [DINÂ Loading...Â Â Â ()Â ] and Brinker [EATÂ Loading...Â Â Â ()Â ]. Each company was judged on its ability to turn lagging brands around, and its ability to control costs....Read article
David Parsley Named SVP Supply Chain Management for Brinker International
Keywords: David Parsley Named SVP Supply Chain Management for Brinker International, eatQuote:
DALLAS, May 10, 2011EATNews) today named David Parsley Senior Vice President of Supply Chain Management.In his new role, Parsley will serve as a member of the executive leadership team and oversee all aspects of supply chain management including the purchasing, distribution and quality assurance functions for Brinker International and its two brands, Chili'sÂ® Grill & Bar and Maggiano's Little ItalyÂ®. Â Parsley brings to Brinker a consistent record of leadership in large-scale procurement...Read article