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Oppenheimer: Restaurant Brands International Is A 'Powerhouse'
Friday, February 27, 2015 - 2:08pm | 204Read More...In a report published Thursday, Oppenheimer analyst Brian Bittner initiated coverage of Restaurant Brands International Inc (NYSE: QSR) with a Perform rating and no assigned price target. According to Bittner, the company which was born out of the December 2014 merger of Burger King and Tim...
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Morgan Stanley Prefers Investing In Whoppers Over Big Macs
Monday, October 6, 2014 - 11:36am | 244Read More...Morgan Stanley analyst John Glass on Monday upgraded shares of Burger King Worldwide Inc (NYSE: BKW), while simultaneously downgrading shares of McDonald's Corporation (NYSE: MCD). According to Glass, Burger King, along with its recently acquired Tim Hortons are best positioned to be "...
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UPDATE: Morgan Stanley Upgrades Burger King Worldwide Inc
Monday, October 6, 2014 - 9:17am | 207Read More...John Glass of Morgan Stanley upgraded shares of Burger King Worldwide Inc (NYSE: BKW) to Overweight from Equal-weight with a $38 price target. Glass sees the combination of Burger King and its recently acquired Tim Hortons firmly establishing Burger King as the fifth-largest market cap restaurant...
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A Sample Of Warren Buffett's Largest Profits
Tuesday, September 2, 2014 - 12:47pm | 377Read More...Warren Buffett's announcement that he will extend financing to Burger King Worldwide (NYSE: BKW) to finance its acquisition of Tim Hortons (NYSE: THI) may have come as a surprise given “The Oracle of Omaha's” prior comments on the U.S. tax system. “It does get a little...
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S&P 500 Closes Above 2,000; Dow Hits New All-Time High As Markets Continue To Rally
Tuesday, August 26, 2014 - 4:42pm | 2835Read More...U.S. stocks rose, lifting the Dow to new historical all-time highs of 17,153.80 following a better than expected rise in orders of durable goods. Consumer confidence improved in August, helping market sentiments while investors and traders placed less emphasis on a report that home prices are...
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What You Need to Know About The Burger King/Tim Hortons Deal
Tuesday, August 26, 2014 - 10:09am | 547Read More...Fast food giant Burger King (NYSE: BKW) is going shopping north of the border, buying Tim Hortons (NYSE: THI), Canada's most popular coffee and doughnut chain. If the merger closes it will Tim Hortons' second combination with an American fast food icon; it was at one time owned by Wendy...
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S&P 500 Hits 2,000 Milestone As Bullish Momentum Continues
Monday, August 25, 2014 - 4:49pm | 2139Read More...U.S. stocks were higher on Monday as the S&P 500 traded above the 2,000 mark for the first time ever, creating a new historical intra-day high of 2001.94. The S&P 500's milestone came on a relatively quiet day for stocks. A light news-load isn't necessarily a bad thing for the...
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Burger King: Not Just In It For The Doughnuts
Monday, August 25, 2014 - 4:00pm | 655Read More...Investors are waiting in line for Burger King (NYSE: BKW), but not for its burgers and fries. These scores of investors are interested in Burger King's stock, which is evidenced by a daily volume north of 15 million shares (versus an average volume of approximately 400,000 shares). What has...
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Burger King Eyes Acquisition Of Tim Hortons In Potential Tax Inversion Deal
Monday, August 25, 2014 - 8:57am | 327Read More...Burger King Worldwide (NYSE: BKW) is in talks to acquire Tim Hortons (NYSE: THI), according to a report from The Wall Street Journal. A potential deal would create a tax inversion in which Burger King's headquarters would be located in Canada. A combination of Tim Hortons and Burger King...
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Markets Little Changed As Ukraine Uncertainty And Fears Persist
Wednesday, August 6, 2014 - 4:58pm | 3178Read More...U.S. stocks were little changed as uncertainty in Ukraine remains with comments out of Poland's government suggesting that the likelihood of a Russian invasion of Ukraine has increased over the past day. NATO's deputy secretary general shared similar sentiments and stated that Russia...
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Market Wrap For March 13: Bears Come Out Of Hibernation As Dow Suffers Largest Daily Loss Since February 3
Thursday, March 13, 2014 - 4:52pm | 2311Read More...U.S. stocks fell as worries piled up over China's economy and further tension in Ukraine. China's combined industrial output growth slowed to 8.6 percent on year in January and February, below a forecast for a 9.5 percent rise and a previous reading of 9.7 percent. The New York Times reported...
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Coverage Initiated For Tim Horton's At Buy
Wednesday, September 29, 2010 - 9:25am | 55Read More...Morgan Joseph has initiated coverage for Tim Hortons Inc. (NYSE: THI) at Buy. Tim Hortons Inc. closed yesterday at $36.91. Is AAPL a Buy, Sell or Hold? Click Here.
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Tim Hortons Reports Very Good 2Q, Money Expected To Be Returned To Shareholders
Friday, August 13, 2010 - 8:58am | 125Read More...Tim Hortons, Inc. (NYSE: THI) reported 2Q EPS of $0.54 vs $0.44 this time last year, and exceeded the $0.51 estimate from Newcrest. Tim Hortons also sold its 50% stake in Maidstone Bakeries to JV partner Aryzta AG for $475M, according to Newcrest, which believes that Tim Hortons' bakery supply and...
