BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Analyst downgrades 8-29-07: ACI, PZZA, RL and WYNN]]>http://www.bloggingstocks.com/2007/08/29/analyst-downgrades-8-29-07-aci-pzza-rl-and-wynn/http://www.bloggingstocks.com/2007/08/29/analyst-downgrades-8-29-07-aci-pzza-rl-and-wynn/http://www.bloggingstocks.com/2007/08/29/analyst-downgrades-8-29-07-aci-pzza-rl-and-wynn/#commentsFiled under: , , , , ,

MOST NOTEWORTHY: Papa John's (PZZA), Wynn Resorts (WYNN), SourceForge (LNUX), Cathay Pacific (CPCAY) and Arthur J. Gallagher (AJG) were today's noteworthy downgrades:
  • Matrix downgraded shares of Papa John's (NASDAQ: PZZA) to Hold from Strong Buy to reflect minimal improvement to fundamentals and negative free cash flow trends.
  • Wynn Resorts (NASDAQ: WYNN) was downgraded to Peer Perform from Outperform based on valuation as the firm believes shares fully reflect solid Las Vegas & Macau fundamentals and the company's development pipeline.
  • SourceForge (NASDAQ: LNUX) was cut to Underperform from Market perform at JMP Securities, with a $3 target, following the disappointing results.
  • Arthur J. Gallagher (NYSE: AJG) was cut to Underperform from Peer Perform at Bear Stearns as they believe margin expansion will be lower than expected, softening insurance pricing will impact organic growth, and cites managements acquisition desires over aggressive repurchases...
OTHER DOWNGRADES:
  • Morgan Stanley cut Arch Coal (NYSE: ACI) to Underwieght from Overweight.
  • JP Morgan downgraded Sonic (NASDAQ: SONC) to Neutral from Overweight.
Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst downgrades 8-29-07: ACI, PZZA, RL and WYNN originally appeared on BloggingStocks on Wed, 29 Aug 2007 10:43:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aciajganalystarch coalArchCoalarthurcathaycpcaydowngradelnuxpapa johnPapaJohnplmdpolopolymediapzzaralph laurenRalphLaurenratingrlsoncsonicsourceforgewynnWed, 29 Aug 2007 10:43:00 EST<![CDATA[The best part of waking up is Folgers in your Wendy's coffee cup]]>http://www.bloggingstocks.com/2007/05/18/the-best-part-of-waking-up-is-folgers-in-your-wendys-coffee-cup/http://www.bloggingstocks.com/2007/05/18/the-best-part-of-waking-up-is-folgers-in-your-wendys-coffee-cup/http://www.bloggingstocks.com/2007/05/18/the-best-part-of-waking-up-is-folgers-in-your-wendys-coffee-cup/#commentsFiled under: , , , , , , , , , , , , ,

In addition to Wendy's (NYSE: WEN) management's recent hiring of JP Morgan (NYSE: JPM) and Lehman Brothers (NYSE: LEH) to help review strategic options for the company, the fast-food restaurant has decided to throw its hat into the breakfast ring by signing an exclusive deal with Proctor & Gamble (NYSE: PG). The deal allows Wendy's to be the only major fast-food restaurant chain to offer a proprietary blend of Folgers Gourmet Selections coffee and will become part of Wendy's new breakfast menu.

What's that you say, "Breakfast menu?"

Yes folks, Wendy's just isn't for lunch or dinner anymore (or dessert - mmmm Frosty's). You can now eat Wendy's for every meal of the day. By the end 2007, Wendy's expects to have 20-30% of its North American restaurants serve breakfast along with premium Folgers coffee.

Wendy's is definitely throwing its hat into a very crowded ring. The fast-food breakfast market is growing at almost three times the rate of the overall market, with Burger King (NYSE: BKC), McDonald's (NYSE: MCD), Arby's, a unit of Triarc Co. (NYSE: TRY), Carl's Jr and Hardee's, both owned by CKE Restaurants (NYSE: CKR) and even Starbucks (NASDAQ: SBUX) offering similar on-the-go breakfasts to consumers. Papa John's (NASDAQ: PZZA), Dunkin Donuts and Chick-fil-A are planning new breakfast products as well. What's going to be so different to make me go to Wendy's?

When looking at the coffee aspect, one has to recall last year's Canadian Business magazine taste test between McDonald's "Café Roast" and Starbucks coffees. I'm sure all the companies I mentioned above serve some brand of coffee. Wendy's is really walking into a competitively caffeinated situation. We also can't forget about Seattle 's "Sexpresso" baristas, but that's competition on a different level.

Where do you go to get your morning cup o' joe? And would the chance to have Folgers Gourmet change your mind?

The best part of waking up is Folgers in your Wendy's coffee cup originally appeared on BloggingStocks on Fri, 18 May 2007 14:02:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>arbybaristabkcbreakfastburger kingBurgerKingcafe roastCafeRoastcarlchickckrckr restaurantsCkrRestaurantscoffeedinnerdunkin donutDunkinDonutfolgersfrostyhardeejoejp morganjpmJpMorganlehlehmanlunchmcdmcdonaldsmenupapa johnPapaJohnpgprocterpzzasbuxsexpressostarbucktriarctrywenwendy'sFri, 18 May 2007 14:02:00 EST