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Notable news items and price action from the past twenty four hours.

  • COSI reported strong sales trends for 4Q10 and continues performance into the current quarter.
  • SBUX, BJRI, DPZ, THI and JACK are speaking at the JP Morgan conference.
  • PNRA was downgraded to neutral from buy at SunTrust Robinson Humphrey
  • BKC co-chairman of the board, John W. Chidsey, will resign next month.
  • WEN plans to offer a super-foods-based salad this summer containing blueberries, strawberries, almonds and a dressing made with açaí juice.
  • KFC have unveiled a bun-less burger known as the double in New Zealand.  According to The Age, it has double the chicken, double the bacon, double the cheese, and doubles your risk of a coronary.
  • DRI recovered nicely yesterday after trading poorly in light of earnings last Thursday after the close and Friday’s cautious commentary from management during the earnings call on Friday.

TALES OF THE TAPE: COSI, SBUX, BJRI, DPZ, THI, JACK, PNRA, BKC, WEN, YUM, DRI - stocks 329

Howard Penney

Managing Director