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Notable news items and price action from the past 24 hours as well as our fundamental view on select names.

  • MCD’s $400 million 3.625% 10-year senior unsecured debt has been rated “A” by Fitch Ratings. 
  • CMG’s Jack Hartung and Steve Ells bought 5,000 and 10,000 shares, respectively, on 5/13.
  • PNRA’s “pay-what-you-want” restaurant in Clayton, Mo., is promoting the brand and, surprisingly, making a small profit, according to media reports.
  • CBOU and DPZ gained 2.1% and 1.2%, respectively, on accelerating volume yesterday.
  • CHUX gained 17% on accelerating volume following stronger-than-expected earnings.
  • KONA declined -1.8% on accelerating volume.

TALES OF THE TAPE: MCD, CMG, PNRA, CBOU, CHUX, KONA - STOCKS 518

Howard Penney

Managing Director