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Auto parts maker Lear Corp (NYSE:LEA) avoided a proxy battle with investors Marcato Capital Management LLC and Oskie Capital Management LLC by agreeing to increase and quicken the pace of its share buyback program and add a board member.The company, which repurchased $200 million of its shares in the first three months of 2013, said it would buy back the remaining $800 million in its program in the next 12 months. Lear had earlier said it would complete the program by the end of 2014.Lear also said it would start on a new $750 million buyback program soon after the current plan ended."Over the past two years, Lear has returned more cash to shareholders through dividends and share repurchases as a percentage of our market capitalization than any of our automotive supplier peers," Chairman Henry Wallace said in a statement.The company, which has a market value of more than $5 billion, had cash and equivalents of $918 million as of December 31 and no short-term debt balances outstanding. ...
DineEquity Inc. shares were up 8.5% after the parent of IHOP and other restaurants reported better-than-expected first-quarter results.Copyright © 2012 MarketWatch, ...
PepsiCo (NYSE:PEP) announced two fresh deals on Monday that will have it hosting live concerts on Twitter and exclusively serving beverages at more than 3,000 restau...
Olive Garden and Red Lobster are getting a technology makeover, as parent company Darden Restaurants Inc. (DRI) fights to stay relevant with younger guests and its o...
IHOP Group President Jean Birch weighs in on the company's new concept , sales, and growth.
DineEquity (NYSE:DIN), the parent company of Applebee’s Neighborhood Grill and IHOP Restaurants, said Friday that Applebee’s franchisee, Neighborhood Restaurant Part...
DineEquity (NYSE:DIN) said Monday that its board of directors approved a $45 million stock repurchase program in an effort to return value to shareholders.The Glenda...
Shares of DineEquity (NYSE:DIN) fell Tuesday after the restaurant-chain operator revealed a weaker-than-expected second-quarter profit on softer IHOP sales.The Glend...
Forty new IHOPs will pop up in the Middle East within the next five years, marking the restaurant chain’s first major expansion outside of North America and the bran...
Julia Stewart, CEO of Dineequity , discusses the change of name from IHOP and the effects of inflation on the dining industry.
A Big Mac has 540 calories and 29 grams of fat, a Whopper has 670 calories and 40 grams of fat, and a Baconator Single has 630 calories and 36 grams of fat. Still wa...
Julia Stewart, of Dine Equities, on franchising and its purchasing co-op, which gives it a competitive edge.
DineEquity ( DIN ), parent company of Applebee’s and IHOP restaurants, surged to a 52-week high Monday after announcing the signing of a new $950 million senior secu...
Fast-food chains are working harder this year to capitalize on the Catholic tradition of eating fish during Lent, as seasonal promotions become more crucial in the c...
How much longer can consumer oriented stocks defy gravity? Although the sector has been leading the surge in U.S. stocks, red flags abound. Let's analyze the headwin...
The Dow Jones industrial average is at an all-time high, the jobless rate has fallen to a four-year low and the housing market is seeing a recovery, but for many low...
DineEquity Inc. , the owner of Applebee's and IHOP restaurants, said fourth-quarter profit fell to $18.8 million, or 97 cents a share, from $28.6 million, or $1.51 a...
DineEquity CEO Julia Stewart on the state of the economy and raising money for charity through IHOP ’s National Pancake day.
During trading today, the S&P 500 dropped 0.7%, and the Services sector (IYC) showed little change.As a proxy for the sector, the ETF tracked closer to the overall m...
During trading today, both the Services sector (IYC) and the S&P500 showed little movement.DICE HOLDINGS INC (NYSE:DHX) was a major loser in the sector, falling 12.6...
