Restaurants & Bars

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Darden Restaurants Inc gives Q1 2014 EPS guidance above analysts' estimates

1:30pm BST

Darden Restaurants Inc:Expects Q1 2014 diluted net loss per share from continuing operations to be about 13 to 15 cents.Expects Q1 2014 diluted net earnings per share from continuing operations to be about 31 to 33 cents on adjusted basis.Q1 2014 EPS of $0.30 - Thomson Reuters I/B/E/S.

YOSHINOYA HOLDINGS CO LTD set up joint venture with Texchem Resources Berhad

Friday, 29 Aug 2014

YOSHINOYA HOLDINGS CO LTD:To set up a joint venture with Texchem Resources Berhad in Malaysia.To hold 30 pct stake in the joint venture.No further details disclosed.

Zoe's Kitchen, Inc raises low end of prior FY 2014 comparable restaurant sales guidance

Thursday, 28 Aug 2014

Zoe's Kitchen, Inc:Expects FY 2014 comparable restaurant sales growth of 5.0pct to 6.0pct.

Y's table Corp to set up subsidiary

Thursday, 28 Aug 2014

Y's table Corp:To set up a wholly owned subsidiary CHEFS & FARMS Inc. in Tokyo on Sep. 1.Subsidiary to be engaged in production and sale of foodstuffs.

LRI Holdings Inc announces management change - Form 8-K

Wednesday, 27 Aug 2014

LRI Holdings Inc:On Aug. 22, Company announced that Michael Andres will resign his positions as president, chief executive officer and chairman of board effective Sept. 12.In connection with his departure, company announced appointment of Gerard Lewis as interim chief executive officer.

Bob Evans Farms Inc reaffirms FY 2015 EPS guidance

Tuesday, 26 Aug 2014

Bob Evans Farms Inc:Reaffirms FY 2015 diluted EPS guidance range of $1.90 to $2.20.FY 2015 EPS of $1.90 - Thomson Reuters I/B/E/S.

Ajisen (China) Holdings Ltd declares interim dividend

Tuesday, 26 Aug 2014

Ajisen (China) Holdings Ltd:Declares interim dividend of HK$0.0470 per ordinary share (for six months ended June 30, 2013: HK$0.0359) for the six months ended June 30, 2014.Paid in Hong Kong dollars on Nov. 21 to shareholders whose names appear on the register of members of the company on Sept. 19.

Burger King Worldwide Inc. signs agreement to acquire Tim Hortons Inc

Tuesday, 26 Aug 2014

Tim Hortons Inc and Burger King Worldwide Inc:Reaches definitive agreement under which the two companies will create a new global powerhouse in the quick service restaurant sector.Tim Hortons shareholders will receive C$65.50 in cash and 0.8025 common shares of the new company per Tim Hortons share.Based on Burger King's unaffected closing stock price as of Augu. 22, this represents total value per Tim Hortons share of C$89.32.Based on Burger King's closing stock price as of Aug. 25, this represents total value per Tim Hortons share of C$94.05.As an alternative, each Tim Hortons shareholder will have the ability to elect to instead receive, for each Tim Hortons share held, either (i) C$88.50 in cash or (ii) 3.0879 common shares of the new company.3G Capital is expected to own about 51 pct. of the new company.At the time of closing, Alex Behring, Executive Chairman of Burger King and Managing Partner at 3G Capital, will lead the new global company as Executive Chairman and Director.Daniel Schwartz, CEO of Burger King, will become Group CEO of the new company.Burger King has obtained commitments for $12.5 billion of financing to fund the cash portion of the transaction, including commitments for a $9.5 billion debt financing package led by JP Morgan and Wells Fargo.

Burger King Worldwide Inc. signs agreement to acquire Tim Hortons Inc

Tuesday, 26 Aug 2014

Tim Hortons Inc and Burger King Worldwide Inc:Reaches definitive agreement under which the two companies will create a new global powerhouse in the quick service restaurant sector.Tim Hortons shareholders will receive C$65.50 in cash and 0.8025 common shares of the new company per Tim Hortons share.Based on Burger King's unaffected closing stock price as of Aug. 22, this represents total value per Tim Hortons share of C$89.32.Based on Burger King's closing stock price as of Aug. 25, this represents total value per Tim Hortons share of C$94.05.As an alternative, each Tim Hortons shareholder will have the ability to elect to instead receive, for each Tim Hortons share held, either (i) C$88.50 in cash or (ii) 3.0879 common shares of the new company.3G Capital is expected to own about 51 pct. of the new company.At the time of closing, Alex Behring, Executive Chairman of Burger King and Managing Partner at 3G Capital, will lead the new global company as Executive Chairman and Director.Daniel Schwartz, CEO of Burger King, will become Group CEO of the new company.Burger King has obtained commitments for $12.5 billion of financing to fund the cash portion of the transaction, including commitments for a $9.5 billion debt financing package led by JP Morgan and Wells Fargo.

Ride on Express Co Ltd raises consolidated mid-year outlook for FY 2015

Tuesday, 26 Aug 2014

Ride on Express Co Ltd:Says the company increased the consolidated mid-year outlook for revenue to 7,862 million yen from 7,782 million yen for the FY ending March 2015.Operating profit forecast increased to 372 million yen from 267 million yen.Ordinary profit forecast increased to 362 million yen from 265 million yen.Net profit forecast increased to 224 million yen from 139 million yen.Earnings per share increased to 48.22 yen from 30.08 yen.Comments the increased income is the main reason for the forecast.

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