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Duncan Hines parent Pinnacle's shares jump in market debut

Shares of Pinnacle Foods Inc (PF.N), owner of the Birds Eye and Duncan Hines brands, rose 13.7 percent in their New York Stock Exchange debut on Thursday. The stock was trading at $22.73 after the company backed by Blackstone Group LP (BX.N) raised $580 million in its initial public offering.

 

Papa John's is being sued for spamming text messages to customers

Papa John's

Shares of Papa John's declined on Tuesday following news of class-action certification for a lawsuit that claims the pizza chain had unsolicited text messages sent to cell phones... Papa John's faces potential damages of more than $250 million. The plaintiffs may each potentially receive $500 or more in damages for each text message.

 

OpenTable Q4 Revs, Profits Top Estimates; Shares Rally

Shares of restaurant reservation service OpenTable are trading higher Tuesday afternoon on better-than-expected results for the fourth quarter. The company posted Q4 revenue of $37.2 million, up 21% from a year ago, and ahead of the Street at $36.8 million. Non-GAAP profits of 37 cents a share topped the Street consensus at 30 cents. The ...

 

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