Key Developments: Brinker International Inc (EAT.N)

EAT.N on New York Stock Exchange

40.95USD
1 Aug 2013
Price Change (% chg)

$0.80 (+1.99%)
Prev Close
$40.15
Open
$40.35
Day's High
$41.29
Day's Low
$40.28
Volume
493,285
Avg. Vol
235,981
52-wk High
$41.93
52-wk Low
$28.11

Search Stocks

Latest Key Developments (Source: Significant Developments)

Brinker International Inc Declares Common Dividend
Thursday, 30 May 2013 06:00pm EDT 

Brinker International Inc announced that Board of Directors declared a quarterly dividend of $0.20 per share on the common stock of the Company payable on June 27, 2013 to shareholders of record as of June 14, 2013.  Full Article

Brinker International Inc's Subsidiary Announces Deal To Acquire 11 Chili's Franchise Restaurants In Canada
Tuesday, 21 May 2013 11:00am EDT 

Brinker International Inc announced that it has signed agreement with longtime Canadian franchise partner, Speedy Creek (2011) Ltd. Under the terms of the agreement, a subsidiary of Brinker will acquire 11 existing Chili's restaurants in the province of Alberta, which generate approximately $35 million in annual sales. The transaction is projected to close in June.  Full Article

Brinker International IncAnnounces Pricing Of $550 Million Of Notes
Wednesday, 8 May 2013 04:51pm EDT 

Brinker International Inc announced that it has priced $550 million of Notes, consisting of two tranches, $250 million due 2018 and $300 million due 2023. The 2018 Notes will pay interest at 2.600% and mature on May 15, 2018. The 2023 Notes will pay interest at 3.875% and mature on May 15, 2023. The Company intends to use the net proceeds from the transaction to redeem its outstanding notes due 2014, repay a portion of the outstanding balance of its revolving credit facility and for general corporate purposes, including possible repurchases of common stock under Brinker's existing share repurchase program.Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.P. Morgan Securities LLC are serving as the joint book-running managers for the offering, with Mitsubishi UFJ Securities (USA), Inc., Regions Securities LLC and Wells Fargo Securities, LLC acting as co-managers.  Full Article

Brinker International Inc Declares Dividend
Thursday, 7 Feb 2013 06:00pm EST 

Brinker International Inc announced that it declared a quarterly dividend of $0.20 per share on common stock of the Company. The dividend will be payable on March 28, 2013 to shareholders of record as of March 8, 2013.  Full Article

Brinker International Inc Declares Common Dividend
Thursday, 8 Nov 2012 06:00pm EST 

Brinker International Inc announced that the Board of Directors declared a quarterly dividend of $0.20 per share on the common stock of the Company payable on December 27, 2012 to shareholders of record as of December 7, 2012.  Full Article

Brinker International Inc Announces CEO and President Transition
Thursday, 8 Nov 2012 09:25am EST 

Brinker International Inc announced that Wyman Roberts will become CEO and President of Brinker International, effective January 1, 2013. Doug Brooks, 60, will continue to serve as Chairman of the Board through December 2013 to ensure a transition of leadership.  Full Article

Brinker International Inc Issues Q2 2013 EPS Guidance Below Analysts' Estimates; Comments On Q2 2013 Comparable Restaurant Sales Guidance-Conference Call
Wednesday, 24 Oct 2012 02:00pm EDT 

Brinker International Inc announced that for the second quarter of 2013, it expects earnings per share (EPS) to be approximate $0.48 to $0.50 and comparable restaurant sales growth to be at or even below the low end of 2% to 3% guidance. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.53 for the second quarter of 2013.  Full Article

Faruqi & Faruqi, LLP Launches Investigation Against Brinker International Inc
Wednesday, 19 Sep 2012 02:29pm EDT 

Faruqi & Faruqi, LLP, a national securities firm headquartered in New York City, announced that it is investigating the Board of Directors of Brinker International Inc (Brinker or the Company) for potential breaches of fiduciary duties in connection with their conduct of seeking shareholders’ approval of the compensation for the Company’s named executive officers. The terms of the compensation to be awarded to the Company’s executive officers are outlined in the Proxy Statement on Form Schedule 14A that Applied filed with the Securities and Exchange Commission on September 18, 2012.  Full Article

Brinker International Inc Announces Dividend Increase, Stock Repurchase Authorization
Thursday, 23 Aug 2012 04:35pm EDT 

Brinker International Inc announced that it declared a quarterly dividend of $0.20 per share on common stock, representing a 25% increase in the company's quarterly dividend. The increased dividend will be payable on September 27, 2012 to shareholders of record as of September 10, 2012. Brinker's Board of Directors also authorized an additional $500 million in share repurchases, bringing the total outstanding share repurchase authorization to $626 million as of August 23, 2012 date.  Full Article

Brinker International Inc. Issues FY 2013 EPS Guidance Above Analysts' Estimates; Comments On FY 2013 Comparable Sales Guidance
Thursday, 9 Aug 2012 07:45am EDT 

Brinker International Inc. announced that for fiscal 2013, it expects earnings per diluted share, excluding special items, to increase 17% to 25% in the range of $2.30 to $2.45 and comparable sales are expected to increase 2% to 3%. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.28 for fiscal 2013.  Full Article

Fitch Assigns Initial 'BBB-' IDR to Brinker; Rates $550MM Proposed Notes 'BBB-'; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, May 08 (Fitch) Fitch Ratings has assigned the following initial ratings to Brinker International, Inc. (Brinker; NYSE: EAT): --Long-term Issuer Default rating (IDR) 'BBB-'; --Bank Credit facility 'BBB-'; --Senior Unsecured Notes 'BBB-'. The Rating Outlook is Stable. Fitch has simultaneously assigned a 'BBB-' rating to Brinker's proposed $550 million issuance of notes in five-year and 10-year tranches. Proceeds will be used

Search Stocks