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CAKE

Cheesecake Factory

$54.07

0.72 (1.35%)

19:05
06/12/18
06/12
19:05
06/12/18
19:05

CA Labor Commissioner finds Cheesecake Factory liable in $4.57M wage theft case

The California Labor Commissioner's Office has found Cheesecake Factory Restaurants, Inc. liable in a $4.57M wage theft case that underpaid 559 janitorial workers managed by Magic Touch Commercial Cleaning. Americlean Janitorial Services Corp., the Cheesecake Factory's janitorial contractor that subcontracted the work to Magic Touch Commercial Cleaning, is also liable for the wage theft, which occurred at eight locations in Orange and San Diego counties. The affected workers are due $3.94M in minimum wages, overtime, liquidated damages, waiting time penalties and meal and rest period premiums. Reference Link

  • 12

    Jun

CAKE Cheesecake Factory
$54.07

0.72 (1.35%)

02/22/18
TLSY
02/22/18
DOWNGRADE
TLSY
Market Perform
Cheesecake Factory downgraded to Market Perform from Outperform at Telsey
02/22/18
BTIG
02/22/18
NO CHANGE
Target $55
BTIG
Buy
Cheesecake Factory price target raised to $55 from $50 at BTIG
BTIG analyst Peter Saleh raised his price target on Cheesecake Factory to $55 after Q4 results, citing continued improvement in sales trends as well as the company's view of implied sequential revenue growth and comps returning to positive territory in Q1. Saleh says the company's "more aggressive value proposition" and easing comparisons in the second half of this year will produce rising sales. The analyst keeps his Buy rating on Cheesecake Factory, also pointing to the positive impact of To-Go sales growth and the launch of online ordering in the coming months.
02/22/18
02/22/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. First Solar (FSLR) downgraded to Hold from Buy at Miller Tabak. 2. Macquarie Infrastructure (MIC) was downgraded to Neutral from Overweight at JPMorgan and to Hold from Buy at SunTrust. 3. Cheesecake Factory (CAKE) downgraded to Market Perform from Outperform at Telsey. 4. U.S. Silica (SLCA) downgraded to Neutral from Buy at Citi with analyst Scott Gruber saying the company's free cash flow outlook "evaporates" the bull case. 5. Rice Midstream (RMP) downgraded to Market Perform from Outperform at Wells Fargo with analyst Michael Blum saying he believes an EQT Midstream Partners (EQM), Rice Midstream merger would only be accretive to EQT Midstream unit holders if executed at no or modest premium, which he views as negative for Rice. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/06/18
RAJA
03/06/18
NO CHANGE
RAJA
Market Perform
Cheesecake Factory five-year comp target higher than FY18, says Raymond James
Raymond James analyst Brian Vaccaro noted that Cheesecake Factory management's five-year plan, detailed earlier today at the firm's investor conference, includes a comparable sales growth target of 1%-2%, which is above their 2018 guidance of flat to up 1%. Vaccaro has a Market Perform rating on Cheesecake Factory shares.

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SABR

Sabre

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SunPower

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ESYJY

easyJet

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MRTX

Mirati Therapeutics

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1.8 (1.79%)

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Infineon

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ENR

Energizer

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JSTTY

Just Eat

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04:55
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WMT

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, IPAR

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$66.80

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04:55
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Jefferies to hold a conference »

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GFN

General Finance Corp

$8.19

0.27 (3.41%)

04:55
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04:55
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General Finance Corp management to meet with Craig-Hallum »

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  • 19

    Jun

SEEL

Seelos Therapeutics

$2.26

0.075 (3.44%)

04:55
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  • 19

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IBTX

Independent Bank

$54.77

1.26 (2.35%)

04:55
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Conference/Events
Independent Bank management to meet with Sandler ONeill »

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  • 19

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SMG

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04:55
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  • 19

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CSV

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04:55
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  • 19

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BAM

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$47.97

0.82 (1.74%)

04:55
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  • 19

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SNV

Synovus

$33.69

0.98 (3.00%)

04:55
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Synovus management to meet with Stephens »

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  • 19

    Jun

BIG

Big Lots

$29.68

0.25 (0.85%)

04:55
06/19/19
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04:55
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Big Lots management to meet with Loop Capital »

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  • 19

    Jun

REED

Reed's

$3.66

-0.05 (-1.35%)

04:55
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04:55
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  • 19

    Jun

RVNC

Revance

$11.48

0.18 (1.59%)

04:55
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04:55
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Revance management to meet with Needham »

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  • 19

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SRI

Stoneridge

$30.15

0.76 (2.59%)

04:55
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Stoneridge management to meet with Stephens »

Group Luncheon Meeting…

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  • 19

    Jun

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    Nov

CECE

CECO Environmental

$8.96

0.1 (1.13%)

04:55
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CECO Environmental management to meet with Seaport Global »

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  • 19

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NOG

Northern Oil and Gas

$2.13

0.09 (4.41%)

04:55
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  • 19

    Jun

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