Restaurants & Bars
McDonald's Corp:Says that Don Thompson will retire as President and Chief Executive Officer and as a member of the Board of Directors after nearly 25 years of service to the company, effective Mar. 1.The Board has elected Steve Easterbrook to replace Thompson as President and CEO.
Starbucks Coffee Japan announces partial change to article of incorporation to enable full acquisition by Solar Japan Holdings
Starbucks Coffee Japan Ltd:Received shareholders' approval to make partial change to its article of incorporation to enable Solar Japan Holdings to fully acquire Starbucks Coffee Japan.Says Solar Japan Holdings conducted a takeover bid for the shares of Starbucks Coffee Japan during the period from Sep. 26, 2014 to Oct. 21, 2014 and Nov. 10, 2014 to Dec. 22, 2014, acquiring 54.15 pct stake in Starbucks Coffee Japan.To make a change to its article of incorporation to issue Class A classified stock, with 1/3,126,813 share of Class A share to be exchanged with one share of Starbucks Coffee Japan’ common stock, on March 26.Says Starbucks Coffee Japan's stock will be delisted from Jasdaq Market of Tokyo Stock Exchange, effective March 23.
Dunkin’ Brands Group Inc:Authorizes new share repurchase program for up to an aggregate of $700 mln of its outstanding common stock.Authorization is valid for a period of two years.
Atom Corp:Sees year-end dividend of 5 yen per share (2 yen as common dividend and 3 yen as bonus dividend) raised from previous forecast of 2 yen per share (common dividend), for fiscal year ending March 2015.
Hotel Newgrand Co Ltd:Raised year-end dividend forecast to 25 yen per share from 5 yen per share for FY ending Nov. 2015.
Starbucks Corporation reaffirms FY 2015 revenue guidance; raises low end of prior FY 2015 EPS guidance; gives Q2 2015 EPS guidance below analysts' estimates - Conference Call
Starbucks Corporation:Targets FY 2015 non-GAAP EPS of $3.09 to $3.13, thus moving the bottom end of range up slightly from previous target range while retaining the top end.Raises FY 2015 GAAP EPS target up to $3.53 to $3.58.Expects FY 2015 revenue growth to remain within previous target range of 16pct to 18pct.Expects Q2 2015 GAAP EPS in the range of $0.63 to $0.64.Expects Q2 2015 non-GAAP EPS to be in the range of $0.64 to $0.65.Reported revenue of $16.448 billion in FY 2014.Q2 2015 EPS of $0.68 - Thomson Reuters I/B/E/S.FY 2015 revenue of $18.986 billion and EPS of $3.13 - Thomson Reuters I/B/E/S.
Starbucks Corporation:Says that it appointed Kevin Johnson as president and chief operating officer.
WATAMI CO LTD:Appoints Kuniaki Shimizu as president.