The Wendy’s Co (NASDAQ:WEN) has let go another of its company-owned stores. This happens as the company concentrates store ownership and operations in the east. WEN has sold 70 store locations to Muy Hamburger Partners LLC. Initially Muy Hamburger only operated four of restaurants in Dallas-Fort Worth. The Wendy’s Co (NASDAQ:WEN) stock opened at $10.06 in last session, and closed at $10.15, while the day range of stock is $10.00 – $10.19. The stock showed a positive weekly performance of 7.75%.
McDonald’s Corporation (NYSE:MCD) is one of the chief corporate sponsors of the Olympics, but a group of advocates are calling on US medalists to renounce McDonald’s endorsement deals. McDonald’s Corporation (NYSE:MCD) stock opened at $96.46, in last session and closed at $96.62, by gaining 0.12%. The 52 week range of the stock is $92.22 – $103.70. Company’s market capitalization is $96.14 billion.
Restaurant Company Bloomin’ Brands Inc (NASDAQ:BLMN) reported Tuesday that last year’s revenues were up 3.5 percent over the previous year to $4.1 billion. It also said revenues from the fourth quarter were up 5.2 percent to $1.1 billion, primarily due to the opening of new restaurants and the acquisition of restaurants in Brazil. Bloomin’ Brands Inc (NASDAQ:BLMN) stock advanced 14.16% and finished the last session at $26.21. The EPS of the stock remained 1.32. Company’s market capitalization is $3.26 billion.
Yum! Brands (NYSE:YUM)‘s stock had its “neutral” rating reiterated by Zacks in a research report issued to clients and investors on Thursday, StockRatingsNetwork reports. Yum! Brands, Inc. (NYSE:YUM) stock opened the session at $73.00, and closed the session at $73.28. The 52 week range of the stock remained $63.16 – $78.68 and the day range was $72.52 – $73.80.