Starbucks Down on Lower March Sales
07.01.2012, 17:05
Starbucks Corp. stock fell Thursday after the Seattle-based coffee chain reported March sales that were slightly below expectations.
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CIBC World Markets' John Glass said a "downshift" from more rapid sales increases sales shouldn't surprise investors. He noted that Starbucks shares are down 20 percent from their December highs.
50 Years Later, McDonald's Influence Felt
13.12.2011, 09:51
Open a newspaper and find stories about people suing McDonald's because its food supersized them, its coffee burned them and its fries were secretly cooked in beef-flavored oil.
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Quality Dining Announces Closing of Going-Private Transaction
03.11.2011, 17:40
Quality Dining, Inc. announced today the completion of its merger with QDI Merger Corp., which will result in Quality Dining being a privately held company.
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At the special meeting of shareholders, approximately 77% of the issued and outstanding shares of Quality Dining common stock that were entitled to vote approved the transaction.
California Pizza Kitchen Reports Preliminary First Quarter Results
12.10.2011, 08:50
California Pizza Kitchen, Inc., (Nasdaq:CPKI - News) announced today that revenues increased 11.9% to $110.3 million for the first quarter versus $98.6 million in the first quarter of 2008. Comparable store sales increased approximately 9.3% compared to 7.2% in the first quarter a year ago.
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Pizza Hut restaurants sold for $59 million
15.09.2011, 20:27
Realty Income Corp. is paying $59 million to buy 89 Pizza Hut restaurants from NPC International Inc., an Overland Park, Kan., company.
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The restaurants have, on average, about 3,000 leasable square feet situated on an average lot size of approximately 37,000 square feet, with an average purchase price for each property of approximately $663,000, RIC said Friday. The 89 properties are located in 13 states.
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