Restaurants & Bars
ANRAKUTEI Co Ltd:To sell Chiba-based property for 80 mln yen on Dec. 25.Expects extraordinary profit of 12 mln yen for Q3 of FY ending March 2015.
Yum! Brands Inc announces authorization of up to $1 bln in share repurchases and declares quarterly dividend of $0.41 per share
Yum! Brands Inc:Declares dividend of $0.41 per share of common stock Quarterly dividend will be distributed Feb. 6, 2015 to shareholders of record at close of business on Jan. 16, 2015.The $1 bln in additional share repurchases of company's outstanding common stock is authorized through May 31, 2016.Repurchases of common stock may be made from time to time in open market or through privately negotiated transactions and will be subject to market conditions and other factors.
Zoe's Kitchen Inc:Expects FY 2014 comparable restaurant sales growth of 6.0pct to 6.3pct.
El Pollo Loco Holdings Inc:Says pricing of its public follow-on offering by certain of the company's stockholders of 6 mln shares of the company's common stock at a price of $27.00 per share.In addition, the selling stockholders have granted the underwriters an option to purchase up to 900,000 additional shares of common stock.El Pollo Loco will not receive any proceeds from the sale of these shares.The closing of the offering is expected to occur on Nov. 25.