RubyTuesday posts
FeedPosted Apr 9th 2009 5:00PM by Michael Fowlkes (RSS feed)
Filed under: Major movement, International markets, Earnings reports, Good news, Consumer experience, Middle East, Market matters, Bed Bath and Beyond (BBBY), Economic data, Wells Fargo (WFC), Oil, Recession, Financial Crisis

As investors start to believe that the worst of the current recession is already behind us, they are turning their attention to oil, and today have
pushed the precious crude over the psychological $50 mark.
Oil is moving higher today with the overall markets, as Wall Street has been seeing hints that things are starting to turn around. Part of the reason for the optimism has come in the form of strong earnings this week from
Ruby Tuesday (NYSE:
RT) and
Bed Bath & Beyond (NASDAQ:
BBBY). If restaurants and retailers are seeing things start to rebound, its a good sign for the overall economy, and a sign that people are out there driving their cars around, which helps boost oil prices.
Continue reading Oil jumps over 5% as traders take a positive stance on the economy
Posted Sep 11th 2007 10:35AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Coca-Cola (KO), PepsiCo (PEP), , Coca-Cola Enterprises (CCE), Starwood Hotels Worldwide (HOT), Marriott Intl'A' (MAR), ImClone Systems (IMCL)
MOST NOTEWORTHY: The U.S. beverage sector, ImClone, Starwood Hotels and Marriott International were today's noteworthy upgrades:
OTHER UPGRADES:
Posted Feb 13th 2007 3:00PM by Jonathan Berr (RSS feed)
Filed under: McDonald's (MCD), Darden Restaurants (DRI), Yum Brands (YUM)
Bowing to the pressure from former SEC Chairman turned activist investor Richard Breeden, Applebee's International Inc. (Nasdaq:APPB) has put itself for sale. Investors aren't finding much to like about other casual dining chains either.
The Cheesecake Factory Inc. (Nasdaq:CAKE) has tanked 27 percent over the past year., P.F. Changs China Bistro Inc. (Nasdaq:PFCB) are down 20 percent over the past year. Darden Restaurants Inc. (NYSE:DRI) parent of the Olive Garden, is up about 3 percent, while Ruby Tuesday Inc. (NYSE:RI) is up about 4 percent not including its run-up today on the news about Applebee's.
Have Americans grown tired of cheesy chain restaurants or did these chains grow too fast? Whatever the reason, Wall Street seems to prefer tried and true fast-food chains over their more expensive counterparts.
McDonald's Corp. (NYSE:MCD) reported a 4.9 percent increase in comprable same-store sales in January. Applebee's, which reports earnings tomorrow, had a 5.8 percent decline during the same period. Its shares are up 23 percent. Yum Brands Inc. (NYSE:YUM), up 19 percent. had a strong fourth quarter despite of the Taco Bell scare.
Posted Nov 16th 2006 11:31AM by Melly Alazraki (RSS feed)
Filed under: Analyst upgrades and downgrades, Motorola (MOT), Nokia Corp. (NOK)
MOST NOTEWORTHY: Interactive Entertainment, Nokia (NOK) and Motorola (MOT) top today's small list of initiations.
- Bear Stearns re-initiated the Interactive Entertainment sector with a Market Weight rating.
- The firm re-initiated Electronic Arts, Inc. (NASDAQ:ERTS), Activision, Inc. (NASDAQ:ATVI) and THQ Inc. (NASDAQ:THQI) with Peer Perform ratings
- and Take Two Interactive Software, Inc. (NASDAQ:TTWO) with an Underperform rating.
Bear Stearns is cautious on the sector given valuations and cost increases.
- Nokia Corp. (NYSE:NOK) and Motorola, Inc. (NYSE:MOT) were initiated with Hold ratings at Lazard. The firm's reason for the Hold rating at Motorola was the slowing RAZR platform and slowing American market. The Hold at Nokia is due to increasing dependence on riskier emerging markets for growth and the expectation of industry margin remaining as an overhang.
OTHER INITIATIONS:
- JP Morgan initiated Ruby Tuesday, Inc. (NYSE:RI) with a Neutral rating.
- W.R. Hambrecht initiated Baidu.com, Inc. (ADS) (NASDAQ:BIDU) with a Buy and $130 target. The firm said Baidu.com is well positioned to benefit from positive search trends, the adoption of paid search by SME's and brand advertisers, e-commerce growth and the emergence of user-generated content.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).