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RestaurantBrands


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Restaurant operator Alsea to boost investments 27% in 2024

UPDATE 2-Restaurant operator Alsea to boost investments 27% in 2024 Adds share price in paragraph 4; CFO comment and forecast in paragraphs 9-11 By Kylie Madry MEXICO CITY, March 13 (Reuters) - Mexico's Alsea, which operates chains such as Domino's Pizza and Starbucks, plans to invest six billion pesos ($358.85 million) into the business this year, up 27% from 2023 spending, the firm's chief financial officer said on Wednesday.
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Mubadala-backed Zamp in talks to operate Starbucks brand in Brazil

UPDATE 1-Mubadala-backed Zamp in talks to operate Starbucks brand in Brazil Adds Mubadala increasing stake in paragraph 3, context in paragraphs 4-5 SAO PAULO, Feb 21 (Reuters) - Food retailer Zamp ZAMP3.SA , which operates Burger King and Popeyes restaurants in Brazil, is in talks with Starbucks SBUX.O to operate the brand in Latin America's largest economy, the firm said on Wednesday.
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Zamp in talks to buy license to operate Starbucks in Brazil - local media

UPDATE 2-Zamp in talks to buy license to operate Starbucks in Brazil - local media Adds comment from Starbucks SAO PAULO, Feb 20 (Reuters) - Brazil's food retailer Zamp ZAMP3.SA , which operates Burger King and Popeyes in the country, is in talks to buy the license to operate Starbucks in the South American nation, Valor Economico newspaper reported on Tuesday, citing unnamed sources.
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TSX falls to over 3-week low after hot US inflation data

CANADA STOCKS-TSX falls to over 3-week low after hot US inflation data TSX down 1.7% Technology shares weigh SSR Mining suspends operations at mine, shares plummet Updated at 10:27 a.m. ET/ 1527 GMT By Purvi Agarwal Feb 13 (Reuters) - Canada's main stock index dropped to over a three-week low on Tuesday due to a broad sell-off after data showed that US inflation had slowed down less than anticipated in January, reducing hopes for an early interest rate cut by the Federal Reserve.
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Morning News Call - Canada, February 13

Morning News Call - Canada, February 13 To access a PDF version of this newsletter, please click here You can read Morning News Call Canada via TOPNEWS Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.refinitiv.com/MorningNewsCallENsubscriptionpage COMPANIES REPORTING RESULTS February 13: goeasy Ltd: Expected Q4 earnings of $ C$3.92 per share Hydro One Ltd: Expected Q4 earnings of 29 Canadian cents per share Intact Financial Corp
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TSX futures edge lower ahead of US inflation data

CANADA STOCKS-TSX futures edge lower ahead of US inflation data Feb 13 (Reuters) - Futures for Canada's main stock index slightly dipped on Tuesday as investors remained cautious ahead of a key inflation report in the United States, while rising commodity prices kept declines in check. March futures on the S&P/TSX index SXFcv1 were down 0.2% at 6:55 a.m.
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Restaurant Brands gets a lift from Burger King turnaround, strong demand at Tim Hortons

UPDATE 5-Restaurant Brands gets a lift from Burger King turnaround, strong demand at Tim Hortons Adds comments from executive interview By Deborah Mary Sophia Feb 13 (Reuters) - Restaurant Brands International QSR.N QSR.TO beat Wall Street estimates for quarterly results on Tuesday, fueled by early success of an ongoing turnaround at its Burger King business and robust demand at coffee chain Tim Hortons.
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US inflation looms large with Asia on holiday

LIVE MARKETS-US inflation looms large with Asia on holiday Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com US INFLATION LOOMS LARGE WITH ASIA ON HOLIDAY It's been unsurprisingly quiet in Asia on Monday with China , Japan, Singapore and several other centres on holiday.
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US inflation looms large with Asia on holiday

MORNING BID EUROPE-US inflation looms large with Asia on holiday By Wayne Cole Feb 12 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. It's been unsurprisingly quiet in Asia on Monday with China , Japan, Singapore and several other centres on holiday. It's also a public holiday for Lunar New Year in New York State for the first time, although that doesn't seem to encompass Wall Street.
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What to Watch in the Week Ahead and on Monday, February 12

What to Watch in the Week Ahead and on Monday, February 12 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Federal Reserve Bank of Minneapolis President Neel Kashkari is expected to participate in a conversation hosted by the Economic Club of Minnesota in Golden Valley, Minnesota.
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Canada corporate earnings week ahead

DIARY-Canada corporate earnings week ahead Feb 9 (Reuters) - Diary of Canada (.GSPTSE) corporate earnings for the week ahead CANADA EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 12-Feb-2024 AMC PSK.TO Prairiesky Royalty Ltd Q4 2023 Prairiesky Royalty Ltd Earnings Release 12-Feb-2024 AMC CRT_u.TO CT Real Estate Investment Trust Q4 2023 CT Real Estate Investment Trust Earnings Release 13-Feb-2024 AMC IFC.TO Intact Financial Corp Q4 2023 Intact Financial Corp Earnings Release 13-
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Restaurant Brands International Inc <QSR.N> expected to post earnings of 73 cents a share - Earnings Preview

Restaurant Brands International Inc expected to post earnings of 73 cents a share - Earnings Preview Restaurant Brands International Inc QSR.N , QSR is expected to show a rise in quarterly revenue when it reports results on February 13 for the period ending December 31 2023 The Toronto Quebec-based company is expected to report a 7.0% increase in revenue to $1.808 billion from $1.69 billion a year ago, according to the mean estimate from 18 analysts, based on LSEG data.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: JetBlue, Kroger, IAG, Heathrow, Thomson Reuters, ITA Updates: Restaurant Brands, QuarterNorth Energy, Synopsys Jan 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2055 GMT on Tuesday: ** A federal judge on Tuesday blocked JetBlue Airways' JBLU.O planned $3.8 billion acquisition of ultra-low-cost carrier Spirit Airlines SAVE.N after agreeing with the U.S.
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U.S. STOCKS InMode, Carrols Restaurant, Tesla

BUZZ-U.S. STOCKS ON THE MOVE-InMode, Carrols Restaurant, Tesla Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures slipped on Tuesday, led by losses in shares of megacaps Tesla and Apple, while investors gauged mixed earnings reports from Goldman Sachs and Morgan Stanley for insights into the health of capital markets and dealmaking.
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Restaurant Brands beefs up Burger King US turnaround with $1 bln Carrols deal

UPDATE 3-Restaurant Brands beefs up Burger King US turnaround with $1 bln Carrols deal Updates shares in paragraph 7, adds analyst comment in paragraph 8 By Juveria Tabassum and Deborah Mary Sophia Jan 16 (Reuters) - Restaurant Brands QSR.TO will take full control of Carrols Restaurant Group TAST.O in a deal that values the largest U.S. Burger King franchise at about $1 billion, accelerating a turnaround for the Canadian firm's franchise model.
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Narrow exits will fatten fattest buyout fat cats

BREAKINGVIEWS-Narrow exits will fatten fattest buyout fat cats The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Pamela Barbaglia LONDON, Jan 10 (Reuters Breakingviews) - The queue to exit is getting long in private equity. Buyout firms have been struggling to offload portfolio companies, with initial public offering and M&A markets clogged by higher interest rates and valuation mismatches.
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Mubadala-backed Zamp sinks to near five-month low in Brazil with governance in focus

BUZZ-Mubadala-backed Zamp sinks to near five-month low in Brazil with governance in focus Jan 4 (Reuters) - ** Shares in Brazilian fast-food chain operator Zamp ZAMP3.SA sink to their lowest level since August on Thursday, a day after its shareholders approved the firm's withdrawal from local exchange B3's high governance level ** The proposal for
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Hershey is sued over lack of artistic detail on Reese's candies

REFILE-Hershey is sued over lack of artistic detail on Reese's candies Refiles to fix typo in 2nd to last paragraph By Jonathan Stempel Dec 29 (Reuters) - Hershey HSY.N has been sued by a Florida woman who said its holiday-themed Reese's peanut butter candies lack the artistic details shown on the packaging that make them worth buying. In a proposed federal class action filed on Thursday and seeking at least $5 million, Cynthia Kelly accused Hershey of deceiving reasonable consumers by falsely p
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US 'buy now, pay later' splurges raise holiday debt hangover risk

UPDATE 1-US 'buy now, pay later' splurges raise holiday debt hangover risk Adds details on loan lengths, Affirm comment By Lisa Baertlein and Arriana McLymore LOS ANGELES/NEW YORK, Dec 20 (Reuters) - Roxanne Ross of Florida is one of a growing number of Americans dodging higher interest rates on credit cards by instead turning to "buy now, pay later" services as they shop for holiday merchandise.
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US 'buy now, pay later' splurges raise holiday debt hangover risk

US 'buy now, pay later' splurges raise holiday debt hangover risk By Lisa Baertlein and Arriana McLymore LOS ANGELES/NEW YORK, Dec 20 (Reuters) - Roxanne Ross of Florida is one of a growing number of Americans dodging higher interest rates on credit cards by instead turning to "buy now, pay later" services as they shop for holiday merchandise. Ross has her eyes on the latest version of Apple AAPL.O AirPods for $249. But as of Monday, she was considering using Klarna, a buy now, pay later service
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