RBC Capital Remains Bullish on Restaurant Brands (QSR) Following 2Q Beat and Raise

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Restaurant Brands (QSR) Announces $300M Stock Buyback Plan

August 4, 2016 7:01 AM EDT

Restaurant Brands International Inc. (NYSE: QSR) announced today that its Board of Directors has approved a share repurchase authorization pursuant to which RBI may purchase up to US$300 million of its common shares over the next 5 years. Repurchases under the Repurchase Authorization will be made in the open market or through privately negotiated transactions, in each case in accordance with applicable securities laws.

Pursuant to the Repurchase Authorization, RBI has filed, and the Toronto Stock Exchange (the "TSX") has accepted, notice of RBI's intention to commence a normal course issuer bid (the... More

Restaurant Brands (QSR) Declares $0.16 Quarterly Dividend; 1.4% Yield

August 4, 2016 7:00 AM EDT

Restaurant Brands (NYSE: QSR) declared a quarterly dividend of $0.16 per share, or $0.64 annualized.

The dividend will be payable on October 4, 2016, to stockholders of record on September 6, 2016, with an ex-dividend date of September 1, 2016.

The annual yield on the dividend is 1.4 percent.

For a... More

Restaurant Brands (QSR) Tops Q2 EPS by 3c

August 4, 2016 6:59 AM EDT

Restaurant Brands (NYSE: QSR) reported Q2 EPS of $0.38, $0.03 better than the analyst estimate of $0.35. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.05 billion.

Daniel Schwartz, Chief Executive Officer of Restaurant Brands International Inc. ("RBI") commented, "We ended the second quarter with solid system-wide sales... More

Trading Radar for 8/4: Kellogg (K), MGM Resorts (MGM), Activision (ATVI), FireEye (FEYE), Weight Watchers (WTW) Report

August 3, 2016 2:51 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 264kContinuing Claims - no Street consensus

Earnings:

AAC Holdings (NYSE: AAC) - consensus EPS $0.23
AGCO Corp. (Nasdaq: AGCO) - consensus EPS $0.92
ANI Pharma (Nasdaq: ANIP) - consensus EPS $0.77
Acceleron Pharma (NYSE: XLRN) - consensus loss $0.50
Agios Pharma (Nasdaq:... More