*Yum China looking at switching listing to Hong Kong- source. HONG KONG, Aug 15- Investment firms are exploring a buyout of Yum China Holdings Inc, the operator of KFC, Pizza Hut and Taco Bell in the world's second-largest economy, in what could be one of Asia's biggest M&A deals this year, sources close to the situation told Reuters. It is the biggest fast-food chain...
Four Seasons Restaurant co-owners Julian Niccolini and Alex Von Bidder speak with CNBC's Robert Frank about the iconic New York City restaurant's re-opening $30 million and two years in the making.
TOKYO, Aug 14- Japan's Nikkei on Tuesday rebounded from a five-week low, posting its biggest one-day gain since March as export-driven firms benefited from a pause in the safe-haven yen's strengthening while the battered Turkish lira firmed. The Nikkei share average surged 2.3 percent to 22,356.08, the biggest percentage gain since March 27.
*Fewer domestic investors during Japan's' bon' holidays. TOKYO, Aug 14- Japan's Nikkei rebounded from a five-week low on Tuesday, as export-driven firms benefited from a pause in the safe-haven yen's appreciation following the Turkish lira's partial recovery. "The fact that a sell-off in Japanese stocks has stopped for now is positive, but investors are still...
NEW YORK _ Ark Restaurants Corp. on Monday reported fiscal third-quarter net income of $2.7 million. On a per-share basis, the New York- based company said it had net income of 75 cents. Ark Restaurants shares have fallen 20 percent since the beginning of the year.
MINNETONKA, Minn. _ Famous Dave's of America Inc. on Monday reported second-quarter net income of $1.4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Minnetonka, Minnesota- based company said it had net income of 16 cents. This story was generated by Automated Insights using data from Zacks Investment Research.
RENO, Nev.— William A. "Bill" Galt, the founder of The Good Earth restaurant chain who was considered a health food pioneer, has died. Galt launched The Good Earth in 1975 and started at a 22- seat restaurant in Reno. Contributions in his memory can be sent to the nonprofit William Galt Organic Farmers Scholarship Fund in care of the Reno law offices of Diaz and Galt,...
More than half of American workers aren’t even using all the vacation time they do have, according to Project: Time Off.
SCOTTSDALE, Ariz. _ Kona Grill Inc. on Thursday reported a loss of $1 million in its second quarter. On a per-share basis, the Scottsdale, Arizona- based company said it had a loss of 8 cents. This story was generated by Automated Insights using data from Zacks Investment Research.
LAKEWOOD, Colo. _ Good Times Restaurants Inc. on Thursday reported fiscal third-quarter net income of $304,000, after reporting a loss in the same period a year earlier. The Lakewood, Colorado- based company said it had profit of 2 cents per share. Good Times Restaurants expects full-year revenue in the range of $120 million to $123 million.
JACKSON, Miss.— The management company of 270 KFC, Pizza Hut and Taco Bell franchises nationwide has agreed to provide sensitivity training at those outlets following a May incident at a KFC in Mississippi in which a deaf woman felt she was being mocked. Disability Rights Mississippi, a nonprofit advocating for people with disabilities, said it reached an...
AUSTIN, Texas _ Chuy's Holdings Inc. on Thursday reported second-quarter earnings of $6.5 million. Chuy's expects full-year earnings in the range of $1.09 to $1.13 per share. Chuy's shares have climbed 10 percent since the beginning of the year.
MIAMI _ Norwegian Cruise Line Holdings Ltd. on Thursday reported second-quarter earnings of $226.7 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share. Norwegian Cruise Line expects full-year earnings in the range of $4.70 to $4.80 per share.
DENVER _ Red Lion Hotels Corp. on Thursday reported a loss of $2.3 million in its second quarter. On a per-share basis, the Denver- based company said it had a loss of 10 cents. Red Lion Hotels shares have increased 31 percent since the beginning of the year.
ROCKVILLE, Md. _ Choice Hotels International Inc. on Wednesday reported second-quarter earnings of $79.8 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share. Choice Hotels expects full-year earnings in the range of $3.71 to $3.77 per share.
NEW YORK, Aug 7- Papa John's International Inc on Tuesday posted a second-quarter comparable sales decline of 6.1 percent in North America and cut its forecast for the coming months, as a heated spat between the pizza chain and its founder dragged on profits. Negative publicity surrounding the incident depressed July traffic in North America, the company said...
BETHESDA, Md. _ Host Hotels& Resorts Inc. on Tuesday reported a key measure of profitability in its second quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for funds from operations of 51 cents per share. Eight analysts surveyed by Zacks expected $1.49 billion.
NEW YORK— Papa John's wants to move on from its famous founder, but John Schnatter says he isn't going away. Now, Papa John's and the man who founded it are fighting over where to lay blame for the troubles, and what's needed to win back customers. Papa John's says it can't predict for how long or how much its sales will be hurt by bad publicity.
Aug 7- U.S. burger chain Wendy's Co on Tuesday topped Wall Street targets for sales at established outlets in North America, led by the popularity of its value-menu offerings. Sales at Wendy's restaurants in North America open at least for a year rose 1.9 percent in the second quarter of 2018. The burger chain now has a $1 Double Stack cheeseburger and in January it...
CHICAGO _ Potbelly Corp. on Tuesday reported a loss of $360,000 in its second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 13 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.