|Bid||87.46 x 0|
|Ask||87.46 x 0|
|Day's Range||87.41 - 88.96|
|52 Week Range||68.34 - 105.93|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||35.52|
|Earnings Date||Feb. 10, 2020 - Feb. 14, 2020|
|Forward Dividend & Yield||2.62 (2.99%)|
|1y Target Est||81.30|
Today we will run through one way of estimating the intrinsic value of Restaurant Brands International Inc. (NYSE:QSR...
(Bloomberg) -- Twitter Inc. managed to borrow at some of the lowest costs ever in the junk-bond market as investors clamored for a piece of the technology company’s debut sale.The size of the offering was increased to $700 million from a planned $600 million after Twitter received more than $6 billion in orders for its debt, according to people with knowledge of the matter, who asked not to be identified because the information is private. It ultimately sold the notes at a yield of 3.875%, matching the yield Popeyes parent company Restaurant Brands International Inc. paid to borrow in September. The coupon is the lowest for securities maturing in eight years or more in the U.S. high-yield market, according to data compiled by Bloomberg.The strong demand for the bonds shows how eager investors are to get their hands on higher paying securities, especially ones with BB tier ratings that carry less risk than lower-rated junk bonds. Double B rated notes have returned 14.1% this year through Wednesday, compared with the broader high-yield market’s 12.1% gain. Large cash-flow positive technology companies like Twitter are also a relative rarity in a market that’s become accustomed to deals from cash-burners like Netflix Inc. andTwitter and Restaurant Brands may have each other to thank for some of their junk bond market success. The fast-food operator brought its deal just weeks after Popeyes sold out of its famous chicken sandwich. Crowds descended onto stores eager to try a menu item that became a sensation on the microblogging site.\--With assistance from Gowri Gurumurthy.To contact the reporter on this story: Claire Boston in New York at email@example.comTo contact the editors responsible for this story: Nikolaj Gammeltoft at firstname.lastname@example.org, Christopher DeReza, Allan LopezFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
TORONTO, Dec. 5, 2019 /CNW/ - Burger King is announcing plans to open more than 100 restaurants in Ontario and Manitoba over the next five years. To drive growth in the underpenetrated burger market of Canada, Burger King Canada has inked a new five-year expansion deal with long-time partner, Redberry Restaurants ("Redberry"), to grow the number of Burger King restaurants in Canada by 25% so even more guests can enjoy the iconic flame-grilled Whopper® sandwich, chicken fries and other Burger King favourites.
Participating BURGER KING® restaurants are inviting guests to celebrate the holidays their way with the new Winter Whopperland Instant Win Game and Sweepstakes*. The promotion is live and goes through December 31st, when the sweepstakes grand prize winner of $35,000 will be selected. With one in three chances of winning a prize, there will be a variety of instant win prizes for guests including free BK food, BK swag and cash prizes.
Buying restaurant stocks like Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) can give your portfolio capital appreciation and dividend growth.
Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) is a dividend heavyweight that Canadians should "double double" up on in January.
Black Friday Turns Grety as Brick & Mortar Falls to Online Shopping More online sales were logged on Black Friday than at brick and mortar retailers according to preliminary data, though the day was still the busiest shopping day of the year. Store traffic on Thanksgiving evening itself though grew, which itself hurts Black Friday […]The post Market Morning: Grey Friday, Impossible Whopper Lawsuit, Apollo Wins Tech Data appeared first on Market Exclusive.
(Bloomberg) -- The chief financial officer of fast-growing U.K. food delivery startup Deliveroo has left the company as the firm continues to reshape its management.Raif Jacobs joined the company in 2018, after 13 years in senior positions at Google’s European business. He left Deliveroo in early October, a spokesman said in an emailed statement.The startup has also hired Hadi Moussa as its chief business officer, to manage all countries outside the U.K. Moussa previously worked at Airbnb Inc. where he was managing Northern, Central and Eastern Europe, the Middle East, and Africa.Deliveroo’s management team has changed significantly over the past 12 months. The company’s heads of technology, legal, operations and human resources have all departed. Recent hires include a new head of engineering from Facebook Inc. and a vice president from Restaurant Brands International Inc.Jacobs’s departure came just before the U.K. competition regulator launched a review into Amazon.com Inc.’s bid to buy a stake in Roofoods Ltd., which does business under the Deliveroo brand.In May, Amazon said it led a $575 million funding round to help the London-based startup expand its technology team and network after closing down its own food-delivery business in the capital last year.Deliveroo is still hiring, with about 300 vacancies on its website. While global sales from its food-delivery business increased 72% in 2018, profitability remained elusive. The company said it lost 232 million pounds ($255 million) last year compared to 199 million pounds a year earlier.To contact the reporter on this story: Giles Turner in London at email@example.comTo contact the editors responsible for this story: Tom Giles at firstname.lastname@example.org, Nate Lanxon, Amy ThomsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Generate tax-free dividend income in your TFSA by purchasing discounted shares of food providers like Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR).
Restaurant Brands International (TSX:QSR)(NYSE:QSR) is the name behind some of the largest and fastest-growing fast-food franchises.
TORONTO , Nov. 27, 2019 /CNW/ - Restaurant Brands International Inc. ("RBI") (TSX/NYSE: QSR, TSX: QSP) announced today that the company will participate in the Morgan Stanley Global Consumer ...
Only one TSX-listed company made the list of the most widely held stocks by the top 50 hedge funds as of the end of the third quarter.
Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) is a strong defensive buy, thanks to market share and alternative protein growth potential.
Luckin Coffee's stock has been on fire of late. Yahoo Finance speaks with Luckin Coffee CFO Reinout Schakel about the company's plans.
U.S. fried chicken chain Popeyes wants to become the top chicken brand in China, the chief executive of its parent company said on Tuesday, as it prepares to take on KFC, the no.1 player in the world's most populuous market. Popeyes signed a lease in Shanghai for its first store in China on Monday, which is slated to open next year. The company outlined plans in July to build 1,500 restaurants in China in the coming decade, becoming the last of Toronto-based Restaurant Brands International Inc's main brands to enter the country.
Here are the two top Canadian stocks you can consider, which the third-richest person on the planet owns as part of his investment portfolio.
Buy Restaurant Brands International (TSX:QSR)(NYSE:QSR) stock to hugely benefit from international growth in its Popeyes franchise.
Yahoo Finance gives Conagra Brands' new plant-based Ultimate Burger a try. Here's our takeaway.