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Most speculative tech stocks are in a bear market, while the less speculative tech stocks remain expensive. Over the medium term, there are some safer food related stocks that could produce good returns even if the rest of the market struggles. In this article, I share three of th...
Jack in the Box (NASDAQ:JACK) tracks higher in early trading after Deutsche Bank upgrades the restaurant stock to a Buy rating from Hold. Analyst Brian Mullern: "While it is a very distant second to Taco Bell, it is second in an attractive QSR category nonetheless; and we note that stand alon...
Easing fears about the Omicron variant led to a general rally on Monday. However, vaccine stocks were left out of the upswing, dropping precipitously as their Omicron premium evaporated amid a critical tweet from a high-profile politician. The overall decline in the sector included double-dig...
Shares of Mexican fast-food chain Del Taco (NASDAQ: TACO) rallied out of the gate on Monday, gaining a massive 66% as of 2:20 p.m. ET. Meanwhile, shares of burger joint Jack in the Box (NASDAQ: JACK) fell by as much as 8% at one point in morning trading, though that loss...
Cowen says it has mixed emotions on the big M&A move by Jack in the Box (JACK -3.4%) to acquire Del Taco Restaurants (TACO +65.9%). Analyst Andrew Charles: "We would have preferred to see the company lever up to buyback stock and invest behind targets to reach 4% net restaurant developmen...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Restaurant stocks are on the move Monday and we’re diving into today’s news to learn why. Source: Shutterstock Let’s get the big news for today out of the way first. Del Taco Restaurants ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of Del Taco Restaurants (NASDAQ: TACO ) are up more than 60% this morning after investors were surprised with great news. It was announced that Jack in the Box (NASDAQ: JACK ) is buying Del Taco , the se...
Jack in the Box Inc. (NASDAQ: JACK) and Del Taco Restaurants, Inc. (NASDAQ: TACO) has announced entry into a definitive agreement where Jack in the Box will acquire Del Taco for USD 12.51 per share in cash in a transaction valued at USD 575 Million which includes exist...
Per the terms, Jack in the Box (NASDAQ:JACK) will acquire Del Taco (NASDAQ:TACO) for $12.51 per share in cash in a transaction valued at approximately $575 million, including existing debt. The offer price implies a premium of ~66% to the closing price of TACO on December 3. Jack in the Box (...
Jack in the Box, Inc. (NASDAQ: JACK) announces the following event: This event will be archived on the Jack in the Box investor relations website for replay. About Jack in the Box Inc. Jack in the Box Inc. (NASDAQ: JACK), founded and headquartered in San Diego, Californi...
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New markets include Virginia and Florida, with a New Multi-Unit Commitment for 7 Restaurants in North Carolina & South Carolina Del Taco, the nation’s second largest Mexican quick-service restaurant by number of units, today announced continued new market sales momentum wit...
2024-07-12 14:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
LAKE FOREST, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- In an era where customers are struggling to find high-quality fast-food options at affordable prices, Del Taco , the nation’s second-largest Mexican quick service restaurant**, is aiming to deliver on its promise of providi...