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Earnings Expectations For The Week Of January 6: Alcoa And More
Sunday, January 5, 2014 - 5:23pm | 864Read More...Quarterly reports from Alcoa (NYSE: AA) have long been considered the kickoff to a new earnings season, though its role may become less relevant now that it has been dropped from the Dow Jones Industrial Average. Along with Alcoa, Micron Technologies (NYSE: MU), Monsanto (NYSE: MON), SUPERVALU (...
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Taxpayers Foot $1.2 Billion Public Assistance Bill for McDonald's Employees
Thursday, October 17, 2013 - 6:45am | 675Read More...Each year, U.S. taxpayers pay out $1.2 billion in public assistance to workers at McDonald’s (NYSE: MCD), according to a study released Tuesday by the National Employment Law Project. The NELP study used data from another one conducted by economists at the University of California-Berkeley and...
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Starbucks – It's Not Just for Coffee Drinkers Anymore (SBUX)
Friday, July 5, 2013 - 8:46am | 565Read More...When you hear the name, Starbucks (NASDAQ: SBUX), if you’re like most people the first thing you think about is coffee. Starbucks would like to change your thinking – at least to some extent. According to Bloomberg Businessweek, it would also like you to think about soda. Specifically “...
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Earnings Expectations for the Week of December 31
Sunday, December 30, 2012 - 12:33pm | 729Read More...Things will be pretty quiet again on the earnings front this week, as the calendar year turns over. Family Dollar Stores (NYSE: FDO) and Mosaic (NYSE: MOS) are scheduled to share their fiscal quarter's results late in the week. But fourth-quarter 2012 earnings reports do not begin to roll in until...
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Thirteen New Models from Chevrolet for 2013
Thursday, October 11, 2012 - 8:18am | 485Read More...Although some of the new Chevrolet models we've seen so far from General Motors (NYSE: GM) in 2013 have been incredible improvements over their predecessors (specifically the Malibu and Traverse models), the every-man brand has announced plans to increase the offerings in 2013 substantially with an...
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Papa John's, US Airways and Other Top Performers in May
Friday, June 1, 2012 - 7:12am | 974Read More...Here is a quick look at some of the top-performing service sector stocks in May. These companies all have a market cap of more than $500 million and their share prices are all more than 15% higher than 30 days ago. AFC Enterprises (NASDAQ: AFCE) shares are trading more than 45% higher year to date...
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Eight Fast-Food Stocks Trading Near 52-Week Highs
Friday, July 8, 2011 - 12:32pm | 1045Read More...No doubt times are tough for fast-food restaurants as they face higher commodity and production costs. Recently, privately held Sbarro filed for bankruptcy and Goldman Sachs downgraded the sector. Some companies have been able to offset growing costs with strategic price increases, and some, like...
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Piper Jaffray Raises FY11 Revenue and EPS Estimates on Sonic
Thursday, June 23, 2011 - 9:01am | 85Read More...Piper Jaffray's FY11 revenue and EPS estimates on Sonic (NASDAQ: SONC) are increasing to $546.8 million and $0.56 per share, respectively, “following better-than-expected 3Q11 results.” “We are incrementally confident in the company's turn-around progress and are encouraged by largely maintained...
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Bank of America Raises PO On Sonic To $10
Thursday, June 23, 2011 - 7:02am | 27Read More...Bank of America has raised the price objective on Sonic (NASDAQ: SONC) from $9.50 to $10 and maintains its Underperform rating.
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Morgan Keegan Maintains Market Perform on Sonic
Wednesday, June 22, 2011 - 8:51am | 79Read More...Morgan Keegan is out with its report today on Sonic (NASDAQ: SONC), maintaining Market Perform. In a note to clients, Morgan Keegan writes, "While heartened by Sonic's improved operating trends, given segment competitive intensity and volatility in Sonic's SSS and operating costs, we believe...
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Seven Fast Food Stocks Near 52-Week Highs
Wednesday, May 25, 2011 - 5:22pm | 759Read More...By and large, fast food restaurants continue to perform well as cost-conscious consumers still try to stretch a buck as they eat out. Though these companies also face higher commodity and production costs, some have been able to offset these costs with strategic price increases. Here are seven...
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UPDATE: Morgan Keegan Raises PT on Sonic to $12 (SONC)
Wednesday, May 11, 2011 - 9:11am | 76Read More...Morgan Keegan is out with its report today on Sonic (NASDAQ: SONC), raising its PT from $10.50 to $12. In a note to clients, Morgan Keegan writes, "We are raising our price target to $12.00 from $10.50, reflecting a 17x P/E multiple on our calendar 2012 EPS projection and the prospect of improving...
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UPDATE: Piper Jaffray Raises PT on Sonic to $14 (SONC)
Tuesday, May 3, 2011 - 7:38am | 140Read More...Piper Jaffray is out with its report today on Sonic (NASDAQ: SONC), raising its PT from $12 to $14. In a note to clients, Piper Jaffray writes, "We are reiterating our confidence in our recovery thesis following Sonic's recent pre-announcement of improved 3Q11 comp trends ahead of the company's...
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Piper Jaffray Raises PT On Sonic To $14
Tuesday, May 3, 2011 - 5:53am | 26Read More...Piper Jaffray has raised the price target on Sonic (NASDAQ: SONC) from $12 to $14 and maintains its Overweight rating.
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Piper Jaffray Reiterates $12 Price Target On Sonic
Tuesday, March 8, 2011 - 8:43am | 137Read More...In a report published by Piper Jaffray, Sonic Corporation (NASDAQ: SONC) had a solid 2Q11 and its comp are in positive territory. Piper Jaffray said that it is encouraged by Sonic's solid pre-announcement of positive same-store sales in 2Q11. “While we have adjusted our quarterly EPS downward to...
