Chihuahua not only one let down by Tricon
Article Abstract:
Tricon Global Restaurants shares have declined to $28.06 per share as of Jul 20, 2000, a 27% drop since the beginning of the year and 12% below its initial public offering price in 1997 when it was spun-off from PepsiCo. The company, which reached $73.50 per share on Apr 1, 1999, further damaged its financial standing with the announcement on Jul 19, 2000, that its revenues per store for 2000 will decline by 1% instead of the earlier forecast of 2% to 3% increases.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Investors see wireless through a glass darkly
Article Abstract:
The Internet's promise of wireless data access via personal computer and cellular telephones continues to baffle investors, with stock values of wireless telehpone makers and semiconductor suppliers fluctuating enough to make speculators seasick. Since third-generation communications technology is only expected to be in the US in 2004 because of too many different US standards, the markets are expected to continue being volatile in terms of technology stocks.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Krispy Kreme stockmelts in investor's portfolios
Article Abstract:
Krispy Kreme Doughnut Corp shares, which reached a high of $65.50 each in mid-May 2000, closed at $46.81 per share on May 24, 2000. The company, whose initial public offering (IPO) debuted at $21 each in early Apr 2000, is expected to continue to be profitable in its operations in the coming months. However, demand for Krispy Kreme shares has slowed since the IPO and the stock's price is not expected to go beyond $50 a share in the near future.
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Decision on interest rate hike a 'tough call' for central bank. iCraveTV makes waves
- Abstracts: Court allows Iridium creditors to sue Motorola for billions. More Losers in Funds Seek Equity in Court
- Abstracts: Cable prices continue climb as satellite use grows. AT&T pressured to reach cable deal. AT&T bumps up cable rates
- Abstracts: Fund scandal 'serious as a heart attack' to investors. Delta seeks action against pilots. How broker to the stars came to be behind bars
- Abstracts: Icahn could be fly in airline deal ointment. Deutsche bank tests resolve in takeover