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Panera Returning To Public Market With IPO: How You Can Get Early Access Via SPAC Merger
Tuesday, November 9, 2021 - 11:58am | 708Panera is returning to the public markets with a future IPO that will include an investment from a restaurant-themed SPAC. The SPAC Merger: USHG Acquisition Corp (NYSE: HUGS) announced Tuesday it will be a “cornerstone partner” for an IPO of Panera Brands. Panera Brands will pursue a...
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Apple Begins Promoting Own Services With Exclusive 'Offers' For Apple Card Customers
Thursday, August 5, 2021 - 5:16am | 422Apple Inc. (NASDAQ: AAPL) is promoting its own services by providing “exclusive offers” to Apple Card holders. What Happened: A new section in the Wallet app offers special deals related to Apple’s own services for Apple Card customers, 9to5Mac reported. Apple’s first offer...
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New At Panera: 3 Kinds Of Flatbread Pizza
Wednesday, October 28, 2020 - 10:25am | 331Casual fast food chain Panera Bread is launching a menu item that gives it direct exposure to the pizza category, the company announced Wednesday. What Happened: Panera is launching three kinds of Flatbread Pizzas: Cheese, Margherita and Chipotle Chicken & Bacon. The restaurant...
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Panera, Ruby Tuesday's Offer More Plant-Based Meat And Food Products
Tuesday, January 21, 2020 - 10:06am | 389Vegans looking for more dining out options will be happy to know that two new chains recently introduced or plan on bolstering up plant-based food options to their menu. Panera Bread Panera Bread's menu is already 25% plant-based, but the chain wants to increase this ratio to 50% over the next...
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Dunkin' Brands Is 2018's First Go-Private Rumor; Shares Benefit
Tuesday, January 2, 2018 - 2:48pm | 454Dunkin Brands Group Inc (NASDAQ: DNKN) holds the title as 2018's unofficial first subject of a go-private rumor. Germany's JAB Holding, a private investment firm that has been active in buying American coffee companies and restaurants, is looking to continue the trend in 2018. JAB's...
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Out Of Many, One: Starbucks Still A Standout In The Coffee Market
Monday, May 15, 2017 - 12:01pm | 419The competitive landscape within the retail coffee business is certainly set to intensify after JAB Holdings, the parent company of multiple coffee brands, acquired Panera Bread to build its retail presence across the U.S. Despite the competitive landscape, analysts at Deutsche Bank still see...
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What Do Wall Street Analysts Think Of The Panera Up-For-Sale Report?
Tuesday, April 4, 2017 - 3:48pm | 907Shares of Panera Bread Co (NASDAQ: PNRA) soared to new all-time highs of $292.42 last Friday following a Bloomberg report that suggested the sandwich and bakery chain may be exploring strategic alternatives, including a potential sale of itself. Here is a summary of what some of Wall Street's most...
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Barclays Predicts Restaurant Rebound
Monday, July 13, 2015 - 1:18pm | 404In a report published Monday, Barclays analyst Jeffrey Bernstein explored the U.S. Restaurant sector, noting that outperformance relative to the S&P 500 has been "muted" in the second quarter and will continue for the near-term, before outperformance resumes later on in the year...
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Barron's Recap: America's Top Financial Advisors
Sunday, February 22, 2015 - 1:38pm | 788This weekend in Barron's online: the best financial advisors state-by-state, the Nasdaq at 5,000, as well as the prospects for Apple, HCA, the E.W. Scripps-Journal Communications merger and more. Cover Story "Top 1,200 Financial Advisors for 2015" by Steve Garmhausen. Barron's exclusive state-by-...
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Wunderlich Downgrades Panera Bread, Cites Valuation Reasons
Tuesday, January 20, 2015 - 10:10am | 113Robert Derrington of Wunderlich Securities on Tuesday downgraded shares of Panera Bread Co (NASDAQ: PNRA) to Hold from Buy as shares have appreciated to within 8 percent of his $185 price target. Derrington notes that Panera Bread is expected to improve its same-store sales throughout 2015 and 2015...
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Markets Unable To Hold On To Gains As Oil Continues To Plunge
Tuesday, October 14, 2014 - 4:47pm | 2414U.S. markets ended the day mostly flat after giving up earlier gains. The Dow traded higher by 142 points before ending the day in negative territory. The S&P 500 and Nasdaq indices closed the day almost unchanged. The CBOE Volatility Index fell 7.5 percent to 23.79. Airline stocks traded...
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Markets Mostly Higher Despite Initial Negative Reaction From FOMC Minutes
Wednesday, August 20, 2014 - 5:31pm | 2792U.S. stocks were mostly higher as the S&P 500 and Dow continue trading near historical all-time highs. The S&P 500 briefly dipped into negative territory immediately following the Federal Reserves's minutes while the Dow trading lower but stayed in positive territory. The NASDAQ...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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Stocks Mixed Despite Better Than Expected GDP
Wednesday, July 30, 2014 - 4:43pm | 2929U.S. stocks were mixed as the Fed continued to wind down its monthly asset purchase program by another $10 billion. The Fed noted that the economy rebounded in the second quarter despite significant under-utilization remaining in the labor market. As such, the Fed noted, it will maintain a...
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3 Restaurant Stocks That Have Outperformed So Far In 2014
Tuesday, June 24, 2014 - 8:29am | 1072Although the universe of publicly-traded restaurant stocks is fairly small, with only 51 companies trading on the major exchanges, from an investment perspective there are some advantages to this sector. First, the industry is relatively simply to understand compared to others, such as cloud...