Want to join the conversation?
For full-year 2016, $TXRH said that it expects food cost deflation to be between 2.5-3.0% vs. 1.0-2.0% for 2015. The company expects positive comparable restaurant sales growth; approx. 30 company restaurant openings, including approx. 7 Bubba's 33 restaurants; income tax rate of approx. 30% and total CapEx of between $165-175MM for full-year 2016.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.