Early Morning Insight: Brinker Intl., Darden Restaurants, The Cheesecake
Factory, and Burger King Worldwide
LONDON, August 12, 2013
LONDON, August 12, 2013 /PRNewswire/ --
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On Friday, August 9, 2013, the S&P 500 closed 0.36% lower at 1,691.42. Shares
of companies in the restaurant sector closed mostly higher even as the broader
market ended on a declining note. The major movers in the sector included
Brinker International Inc. (NYSE:EAT), Darden Restaurants Inc. (NYSE: DRI),
The Cheesecake Factory Inc. (NASDAQ: CAKE), and Burger King Worldwide Inc.
(NYSE: BKW). All these companies are tracked by AAAResearchReports.com.
Download free technical analysis and charting reports on EAT, DRI, CAKE, and
BKW now at:
Brinker International Inc.'s shares fell 0.70% on Friday. The company's shares
fluctuated between $42.73 and $43.38 before finishing the day at $42.76. A
total of 0.99 million shares were traded, which is below the daily average
volume of 1.25 million. Brinker International Inc.'s shares have gained 3.29%
in the last one month, outperforming the S&P 500 which has gained 0.67% during
the same period. Download free research on EAT today by registering at:
Shares in Darden Restaurants Inc. ended nearly flat on Friday. The company's
shares hit an intraday high of $49.97 before ending the day at $49.56, up
0.04% from the previous day's closing price. A total of 0.88 million shares
were traded, which is below the daily average volume of 1.34 million. Darden
Restaurants' shares have gained 0.63% in the last three trading sessions.
However, the stock is currently trading below its 50-day moving average. Sign
up and have access to our free report on DRI at:
Shares in The Cheesecake Factory Inc. ended 0.25% higher on Friday, extending
their gains from previous trading sessions. The company's shares ended the day
at $43.73 after oscillating between $43.52 and $44.13. A total of 0.56 million
shares were traded, which is below the daily average volume of 0.64 million.
The stock has gained 1.98% in the last three trading sessions and advanced
8.24% in the last three months, outperforming the S&P 500 which has lost 0.35%
and gained 3.53% during the respective periods. Sign up and read the
complimentary report on CAKE at:
Shares in Burger King Worldwide Inc. moved higher on Friday, reversing some of
their losses from the last trading session. The company's shares vacillated
between $19.62 and $19.91 before closing the day at $19.82, up 0.87%. A total
of 0.15 million shares were traded, which is significantly below the daily
average volume of 0.75 million. The company's shares have gained 6.27% in the
last three months and are trading above their 50-day and 200-day moving
averages. The free report on BKW can be downloaded by signing up now at:
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