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FTAL:RTN, Jun 05, 02:41 UTC

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Thursday, March 05


News

James Bond Movie Delay Jolts Cinema and Restaurant Stocks

CINE RTN +1 more CINE RTN GBPCAD

Cineplex Inc., a takeover target of Cineworld, also slid after a short seller said the deal is likely to fall apart. And it wasn’t just movie theater stocks feeling the pain: Restaurant Group Plc, which has outlets located near to cinemas, also tumbled. The release date for the Bond sequel “No Time to Die” was pushed back from April to November late Wednesday, and according to Peel Hunt analyst Ivor Jones the postponement is unlikely to be the last. “Films are expensive to produce and promote and, with many Asian cinemas closed, and the prospect of, at best, reduced audiences elsewhere, other producers of major films may choose to delay release,” the analyst wrote in a note as he cut his recommendation on Cineworld to hold from buy. The plunge for U.K.-listed Cineworld -- which also owns the Regal chain in the U.S. and last year announced a deal to buy Canada’s Cineplex -- was its biggest on record, and extended a year-to-date plunge to 45%.

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Wednesday, February 12


News

RAVE Restaurant Group, Inc. Reports Second Quarter 2020 Financial Results

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"As we work through our transformation, we're making strategic investments in new leadership that will address underperforming areas of our business and create operational efficiencies that will lead to a stronger business model," said Brandon Solano, Chief Executive Officer of Rave Restaurant Group, Inc. "The ongoing improvements in operations, marketing and menu innovation will put us in position to drive long-term value and consistency for our consumers and shareholders." The Company had net income of $14 thousand for the second quarter of fiscal 2020 and net income of $0.2 million compared to the same period of the prior year, on revenues of $2.8 million for the three months ended December 29, 2019 compared to $3.2 million in the comparable period in the fiscal year. "The Vale location is our first Pizza Inn Neighborhood Buffet location in the Charlotte-area and we expect to see more development throughout North Carolina. The Durant buffet location is the first of three new Pizza Inn buffets scheduled to open in Oklahoma this year." "Last quarter, we officially opened our first location in partnership with Kidzania and we look forward to continuing this long-term alliance by growing with this innovative brand across the country," said Solano.

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Wednesday, November 13


News

RAVE Restaurant Group, Inc. Reports First Quarter 2020 Financial Results

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DALLAS, Nov. 13, 2019 /PRNewswire/ -- RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for the first quarter of fiscal 2020 ended September 29, 2019. "I'm excited to join RAVE and committed to competing hard to drive traffic and increase profitability," said Brandon Solano, Chief Executive Officer of RAVE Restaurant Group, Inc. "Pizza Inn continues to grow comp sales and we plan to build on that momentum in the coming quarters. "Our buffet locations provide the highest volume option and continue to have expansion opportunities across the country. While we will continue to expand PIE, we see a higher value in Pizza Inn buffet development." "At KidZania, our youngest consumers will get a hands-on experience making pizzas and trying out a career as a pizza mogul. We're looking forward to kicking off this partnership this month. As we return the Pie Five brand to category leadership, we have an opportunity to transform the brand and restore growth through non-traditional restaurant opportunities like this."

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Sunday, September 22


News

Del Frisco’s Restaurant Group (NASDAQ:DFRG) Downgraded to Hold at BidaskClub – TechNewsObserver

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Finally, JPMorgan Chase & Co. reduced their price target on Del Frisco’s Restaurant Group from $8.50 to $8.00 and set a “neutral” rating on the stock in a research report on Friday, June 28th. Del Frisco’s Restaurant Group has a 12 month low of $4.61 and a 12 month high of $9.27. Del Frisco’s Restaurant Group had a negative net margin of 20.75% and a negative return on equity of 3.98%. The company had revenue of $131.69 million during the quarter, compared to the consensus estimate of $132.37 million. As a group, equities analysts predict that Del Frisco’s Restaurant Group will post -0.21 earnings per share for the current year.

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Friday, September 20


News

Investor Watchlist: The Restaurant Group plc (LSE:RTN), Stoneridge, Inc. (NYSE:SRI) Stocks Under The Lens – Foster Business Journal

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News

Chicago Capital Management LLC Takes Position in Del Frisco’s Restaurant Group Inc (NASDAQ:DFRG) – Mayfield Recorder

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Chicago Capital Management LLC purchased a new stake in Del Frisco’s Restaurant Group Inc (NASDAQ:DFRG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. Dimensional Fund Advisors LP now owns 1,637,074 shares of the restaurant operator’s stock valued at $11,705,000 after purchasing an additional 44,119 shares during the period. Del Frisco’s Restaurant Group Inc has a 52 week low of $4.61 and a 52 week high of $9.27. JPMorgan Chase & Co. lowered their target price on Del Frisco’s Restaurant Group from $8.50 to $8.00 and set a “neutral” rating for the company in a research note on Friday, June 28th.

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News

AWM Investment Company Inc. Decreases Stake in Del Frisco’s Restaurant Group Inc (NASDAQ:DFRG) – TechNewsObserver

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AWM Investment Company Inc. trimmed its position in Del Frisco’s Restaurant Group Inc (NASDAQ:DFRG) by 38.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). JPMorgan Chase & Co. decreased their target price on shares of Del Frisco’s Restaurant Group from $8.50 to $8.00 and set a “neutral” rating on the stock in a research report on Friday, June 28th. Del Frisco’s Restaurant Group Inc has a 52 week low of $4.61 and a 52 week high of $9.27. Del Frisco’s Restaurant Group had a negative return on equity of 3.98% and a negative net margin of 20.75%. As a group, sell-side analysts forecast that Del Frisco’s Restaurant Group Inc will post -0.21 earnings per share for the current year.

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Saturday, September 14


News

Canadian National Railway Co (CNI) Share Value Rose While Ativo Capital Management Has Increased Its Stake; Fdx Advisors Holding in Bb&T Com (BBT) Raised as Market Valuation Rose

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The institutional investor held 79,232 shares of the major banks company at the end of 2019Q2, valued at $3.89M, up from 72,144 at the end of the previous reported quarter. It has outperformed by 6.45% the S&P500. Some Historical CNI News: 13/03/2018 – BBB’s Canadian National Password Day March 15 #BBBPasswordDay; 07/03/2018 – CANADIAN NATIONAL RAILWAY CO – INTERIM PRESIDENT, CEO JJ RUEST SAID COMPANY WILL QUICKLY IMPROVE MOVEMENT OF WESTERN CANADIAN GRAIN; 23/04/2018 – Canadian Natl Railway Adjusts 2018 View To Adj EPS C$5.10-Adj EPS C$5.25; 23/04/2018 – CANADIAN NATIONAL RAILWAY CO CNR.TO SEES FY 2018 ADJUSTED SHR C$5.10 TO C$5.25; 07/03/2018 – Canadian Natl Railway to Invest Over $250M This Yr to Build New Track and Yard Capacity in Western Canada; 24/04/2018 – CANADIAN NATIONAL RAILWAY CO CNR.TO : RBC RAISES TARGET PRICE TO C$107 FROM C$105; 05/03/2018 Canadian National Railway CEO Luc Jobin Steps Down; 22/03/2018 – CANADIAN NATIONAL RAILWAY CO – DETAILS OF AGREEMENT ARE BEING WITHHELD PENDING RATIFICATION BY TCRC MEMBERS, A PROCESS EXPECTED TO TAKE ABOUT 60 DAYS; 23/04/2018 – Canadian Natl Railway: 1Q Revenue Ton-Miles Declined by 4% and Carloadings Increased by 3%; 23/04/2018 – Canadian Natl Railway: Decrease in Revenue Due to Challenging Operating Conditions, Low Network Resiliency, Stronger Canadian Dollar. More notable recent BB&T Corporation (NYSE:BBT) news were published by: Bizjournals.com which released: “Orrstown taps another BB&T banker for key Maryland role – Baltimore Business Journal” on August 20, 2019, also Finance.Yahoo.com with their article: “Here’s Why I Think BB&T (NYSE:BBT) Might Deserve Your Attention Today – Yahoo Finance” published on July 09, 2019, Prnewswire.com published: “The BB&T Leadership Institute campus named for CEO Kelly King – PRNewswire” on August 29, 2019. Ativo Capital Management Llc, which manages about $892.03 million and $221.80 million US Long portfolio, decreased its stake in Cadence Design System Inc (NASDAQ:CDNS) by 6,364 shares to 15,156 shares, valued at $1.07M in 2019Q2, according to the filing.

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Friday, September 13


News

Restaurant Group (LON:RTN) Earns “Hold” Rating from Peel Hunt – TechNewsObserver

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Restaurant Group (LON:RTN)‘s stock had its “hold” rating reissued by investment analysts at Peel Hunt in a report issued on Friday, ThisIsMoney.Co.Uk reports. Berenberg Bank reissued a “buy” rating and set a GBX 175 ($2.29) price objective on shares of Restaurant Group in a research report on Thursday, June 27th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. Restaurant Group has a 1-year low of GBX 110.10 ($1.44) and a 1-year high of GBX 222.94 ($2.91).

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Thursday, September 12


News

Restaurant Group (LON:RTN) Given “Neutral” Rating at UBS Group – Tech Know Bits

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Restaurant Group (LON:RTN)‘s stock had its “neutral” rating reaffirmed by equities researchers at UBS Group in a note issued to investors on Tuesday, September 3rd, Digital Look reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. Restaurant Group currently has a consensus rating of “Buy” and a consensus target price of GBX 166.50 ($2.18). Restaurant Group has a 1 year low of GBX 110.10 ($1.44) and a 1 year high of GBX 222.94 ($2.91).

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  • Financial