Newsfeeds Archive - Spark Newswire

3 minute read

Wendy’s Is A ‘Show Me’ Story, Goldman Sachs Analyst Says: Fast Food Joints Like Chipotle, Domino’s Are Still Hot

June 13, 11:54 AM

Mixed results for restaurant company stocks in 2024, Goldman Sachs analyst optimistic about prominent brands in today's price tailwind environment.

CMG

1 minute read

Restaurant Brands International Announces Launch of $1B First Lien Senior Secured Notes Oﬀering To Refinance Term Loan

By Benzinga Newsdesk

June 6, 7:28 AM

Restaurant Brands International Inc. ("RBI") (TSX:QSR) (NYSE:QSR) (TSX:QSP), 1011778 B.C. Unlimited Liability Company (the "Issuer") and New Red Finance, Inc. (the "Co-Issuer"

QSR

2 minute read

Hedge Funds

Bill Ackman’s Pershing Square Sells 10% Stake, IPO Planned For 2025

By Hayden Buckfire

June 3, 1:16 PM

Bill Ackman's hedge fund Pershing Square is selling a 10% stake ahead of its IPO plans. The renowned investor stands to profit billions from the potential IPO.

ACGL

3 minute read

$5 Meal Frenzy Not Enough? Why This Analyst Sees Appetite for McDonald’s Stock Despite Value War

By Shanthi Rexaline

May 31, 5:31 AM

"Today's value push is seemingly born out of necessity following year of inflationary pressure that is increasingly weighing on cost-conscious consumers," KeyBanc said.

JACK

2 minute read

Bill Ackman’s Pershing Square Q1 Shake-Up: Home Retailer Dumped, Hot Restaurant Stake Trimmed And A ‘Magnificent 7’ Holding Juggled

By Shanthi Rexaline

May 16, 2:53 AM

All of Pershing Square's holdings except real-estate development and management company Howard Hughes saw book profits in the first quarter.

CMG

2 minute read

Starbucks’ Sales Slump Due To Social Media Boycott, Says Analyst

By Shivani Kumaresan

May 13, 1:07 PM

Discover why BofA Securities' Sara Senatore stands firm with a Buy rating on Starbucks Corp despite Q2 FY24 sales collapse. Dive into the analyst's perspective on the unexpected impact of social media boycotts and the brand's potential for recovery.

CMG