LOUISVILLE Ky. Yum! Brands Inc. increased by $500 million the amount of common stock it can purchase during the next 12 months under its share repurchase program, the company said Thursday. The move follows prior share repurchase authorizations...
MINNEAPOLIS Boasting increased sales and a reduced cost structure, Buca Inc., owner and operator of 92 Buca di Beppo restaurants, swung to a fourth-quarter profit of $943,000, or 5 cents per share, versus a net loss of $6.4 million, or 32 cents...
SAN FRANCISCO A Bay Area man was sentenced to 10 years in prison earlier this week on charges of selling about $6 million in fake insurance policies to area restaurants and bars. Richard Peterson, who was sometimes known as Robert James...
Helped by an extra operating week in fiscal 2006 and by sales from acquired franchised units, AFC Enterprises Inc., the franchisor or operator of 1,878 Popeyes Chicken & Biscuits restaurants, posted a fourth-quarter profit, versus a loss a year...
SEATTLE Tully's Coffee Corp. said Thursday it plans to file for a $50 million initial public offering of its common stock. Proceeds would be used to fund expansion of the 126-unit Tully's Coffee chain and its wholesale business, as well as working...
ATLANTA El Pollo Loco fast-casual and Charlie Brown’s steak-house chains. —Rare Hospitality International Inc. has agreed to sell its 31-unit Bugaboo Creek Steakhouse chain for $28 million to...
MINNEAPOLIS Granite City Food & Brewery Ltd. said Monday it completed a $14 million private placement of its common stock to fund restaurant expansion, retire certain equipment lease debt and for general corporate purposes. The company...
ANN ARBOR Mich. The final result of Domino's Pizza Inc.'s Dutch auction tender offer was undersubscribed, clearing the way for a possible special dividend to investors as early as next month or further share repurchases as the company is still...