International Business News - EAT http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Among the earnings projection stories for Friday, Oct. 10, from AP Financial News: NEW YORK (AP)--Shares of Brinker International Inc., which operates the Chili's Grill & Bar chain, fell sharply Friday after the company slashed its 2009 profit guidance and said its first quarter profit will likely drop about 32 percent due to slow sales. http://www.ibtimes.com/articles/20081010/outlook-roundup-brinker-torchmark.htm Fri, 10 Oct 2008 19:18:02 EDT Shares of Brinker International Inc., which operates the Chili's Grill & Bar chain, fell sharply Friday after the company slashed its 2009 profit guidance and said its first quarter profit will likely drop about 32 percent due to slow sales. http://www.ibtimes.com/articles/20081010/brinker-cuts-2009-1q-guidance.htm Fri, 10 Oct 2008 15:12:48 EDT Ruby Tuesday Inc. shares plummeted again on Friday, two days after the casual dining chain reported lackluster fiscal first-quarter profits and sales. http://www.ibtimes.com/articles/20081010/a-second-look-ruby-tuesday-continues-to-sink.htm Fri, 10 Oct 2008 15:02:46 EDT A slew of negative analyst reports in recent days and investors' fears of a global credit crisis combined to help sink restaurant shares Monday. At least nine restaurant companies dropped by double digits during afternoon trading. Several companies, including Burger King franchisee Carrols Restaurant Group Inc., had been mentioned in the past few days as possible victims of the tighter credit markets. http://www.ibtimes.com/articles/20081006/sector-snap-restaurants-plummet.htm Mon, 06 Oct 2008 14:53:04 EDT A Goldman Sachs analyst took a dim view of the nation's casual dining restaurant chains, telling investors in a research note that the industry will likely face pressure as diners ratchet down discretionary spending at least through next year. http://www.ibtimes.com/articles/20081006/ahead-of-the-bell-casual-dining-cut-at-goldman.htm Mon, 06 Oct 2008 08:53:46 EDT Several Wall Street analysts recommended Friday that investors largely stay away from casual dining stocks, saying the companies are likely to report disappointing third-quarter financial results and will face high commodity costs through 2009. http://www.ibtimes.com/articles/20081003/sector-snap-analysts-recommend-fast-food.htm Fri, 03 Oct 2008 11:51:40 EDT A KeyBanc Capital Markets analyst said Wednesday third-quarter same-store sales and profits at casual dining companies were likely hurt by the Olympics, hurricanes, the political conventions and news about the liquidity crisis and bank failures. http://www.ibtimes.com/articles/20081001/sector-snap-casual-dining-slips.htm Wed, 01 Oct 2008 12:57:40 EDT Shares of restaurant companies were hit during the past three months by concerns about a slowdown in consumer spending and high commodity costs. According to the Dow Jones U.S. Restaurants and Bars Index, stocks dipped about 1.1 percent during the quarter ended Sept. 30. The index, which is made 15 restaurant companies, has dropped nearly 11 percent in the past 52 weeks. http://www.ibtimes.com/articles/20080930/restaurant-shares-hit-by-spending-slowdown-costs.htm Tue, 30 Sep 2008 11:20:47 EDT Restaurant stocks dropped Monday after the government's financial bailout package failed to pass the House. The stocks followed the same path as the Dow Jones Industrials, which fell as much as 705 points after the vote was shown on TV. http://www.ibtimes.com/articles/20080929/restaurant-shares-drop-as-bailout-fails-in-house.htm Mon, 29 Sep 2008 15:33:13 EDT Among the stock activity stories for Monday, Sept. 22, from AP Financial News: CHICAGO (AP)--Shares of home decor chain Pier 1 Imports Inc. slumped Monday after an analyst lowered his price target on the retailer's stock. http://www.ibtimes.com/articles/20080922/movers-roundup-pier-1-brinker-intl.htm Mon, 22 Sep 2008 14:28:24 EDT Shares of Brinker International Inc., which operates the Chili's Grill & Bar chain, dropped Monday after a Banc of America Securities analyst cut his rating on the stock. http://www.ibtimes.com/articles/20080922/brinker-shares-drop-on-banc-of-america-downgrade.htm Mon, 22 Sep 2008 13:21:23 EDT Sales and profits of restaurant chains with locations in the Houston area will likely only be minimally affected by Hurricane Ike, a KeyBanc Capital Markets analyst said Wednesday. http://www.ibtimes.com/articles/20080917/sector-snap-restaurants-survive-ike.htm Wed, 17 Sep 2008 13:36:56 EDT Shares of restaurants companies were mixed Tuesday after the Federal Reserve decided not to change a key interest rate following alarming moves in the financial services sector that include the Chapter 11 bankruptcy protection filing by Lehman Brothers. http://www.ibtimes.com/articles/20080916/restaurants-mixed-after-fed-keeps-rate-steady.htm Tue, 16 Sep 2008 14:43:18 EDT Restaurant shares mainly rose Tuesday as investors awaited a decision by the Federal Reserve on whether to lower interest rates. The stocks bucked a trend in the overall market, which dropped at the opening bell. http://www.ibtimes.com/articles/20080916/restaurants-mostly-rise-as-investors-look-to-fed.htm Tue, 16 Sep 2008 10:16:54 EDT Shares of restaurant companies dropped after the market opened as investors drew more concerned about the state of the financial services sector after Lehman Brothers said it will file for Chapter 11 bankruptcy protection. http://www.ibtimes.com/articles/20080915/some-restaurant-shares-fall-in-morning-trading.htm Mon, 15 Sep 2008 10:05:38 EDT Shares of many restaurant chains rose Tuesday, as an analyst said the industry will withstand damage from Hurricane Gustav, which mostly spared New Orleans and southern Louisiana. http://www.ibtimes.com/articles/20080902/sector-snap-restaurants-rise.htm Tue, 02 Sep 2008 14:21:09 EDT Fall's cool winds could make eating out cheap a breeze--depending, that is, on what you order. After a second quarter of too many empty tables and falling profits, restaurant companies are planning to woo diners back with lower-priced dishes as the weather grows colder. http://www.ibtimes.com/data/articleimgs/118647-restaurant-deals.jpg http://www.ibtimes.com/articles/20080829/restaurants-offer-more-deals-the-fall.htm http://www.ibtimes.com/articles/20080829/restaurants-offer-more-deals-the-fall.htm Fri, 29 Aug 2008 14:50:01 EDT Shares of restaurant chains fell Tuesday after Olive Garden operator Darden Restaurants Inc. offered a softer-than-expected first-quarter profit outlook. http://www.ibtimes.com/articles/20080826/sector-wrap-restaurants-decline-on-darden-outlook.htm Tue, 26 Aug 2008 16:14:16 EDT Brinker International Inc. has announced its board of directors declared a regular quarterly cash dividend of 11 cents. The restaurant company said the dividend is payable Sept. 24 to shareholders of record Sept. 12. http://www.ibtimes.com/articles/20080825/brinker-declares-regular-dividend.htm Mon, 25 Aug 2008 13:54:58 EDT _ The National Restaurant Association spent $700,000 in the second quarter to lobby on economic stimulus payment legislation and other issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20080825/restaurant-group-spent-700k-lobbying-in-2q.htm Mon, 25 Aug 2008 09:24:57 EDT