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Bill Ackman's Third-Largest Holding Faces Bearish Headwinds Despite Tim Hortons Boost
Monday, August 12, 2024 - 3:12pm | 535Restaurant Brands International Inc. (NYSE:QSR), a key holding in Bill Ackman's Pershing Square Capital portfolio, reported a mixed bag of results for its second quarter. Ackman's Pershing Square Capital, which owns 8.5% of Restaurant Brands, has the stock as its third-largest holding. The stock...
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Burger King Roasts on Appetizing First Quarter Outlook, Shakes up Executive Team
Thursday, April 11, 2013 - 12:48pm | 430Burger King Worldwide (NYSE: BKW) is cooking on Thursday after releasing a positive first quarter earnings outlook. The Miami-based firm expects EPS to close at around $0.17, which would edge the Wall Street consensus of $0.16. Sales Undercooked Burger King expects a global comparable sales...