ISS recommends activist nominees for Buffalo Wild Wings board

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Proxy Firm Egan-Jones Recommends Buffalo Wild Wings (BWLD) Shareholders Support Marcato Capital for All 4 Director Nominees

May 26, 2017 10:02 AM EDT

Marcato Capital Management LP ("Marcato"), a San Francisco-based investment manager which manages funds that beneficially own approximately 9.9% of the outstanding common shares of Buffalo Wild Wings, Inc. (NASDAQ: BWLD) ("Buffalo Wild Wings" or the "Company"), today announced that Egan-Jones Ratings Company ("Egan-Jones"), one of the nation's leading independent proxy advisory firms, has recommended that Buffalo Wild Wings shareholders vote FOR the election of ALL FOUR of Marcato's highly-qualified director nominees on the WHITE proxy card in connection with Buffalo Wild Wings' Annual Meeting on June 2, 2017.

Mick McGuire,... More

Yum! Brands (YUM) PT Raised to $78 at Oppenheimer; Reiterates Outperform

May 26, 2017 9:46 AM EDT

Oppenheimer raised its price target on Yum! Brands (NYSE: YUM) to $78.00 (from $75.00) while maintaining a Outperform rating following Taco Bell management meetings. With Taco Bell making up 1/3 of YUM's profits, analyst Brian Bittner views the segment as a powerful catalyst to achieving an... More

Buffalo Wild Wings (BWLD) Comments on ISS Report

May 24, 2017 2:18 PM EDT

Buffalo Wild Wings, Inc. (NASDAQ: BWLD) today issued the following statement in response to a report by Institutional Shareholder Services (ISS) regarding the election of directors to Buffalo Wild Wings Board at the companys 2017 Annual Meeting of Shareholders (Annual Meeting) to be held on June 2, 20171:

We are pleased ISS recognizes that the current management team has certainly delivered impressive results since the company's IPO in 2003, growing revenues from $126 million in 2003 to $1,987 million in 2016. In more recent periods, ISS noted that Buffalo Wild Wings had put up strong numbers since 2011. In terms of shareholder... More