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Burger King Holdings, Inc. (BKC) [hlAlert]

Rating:
Outperform
BKC
down 13.86 %

Burger King Holdings, Inc. (BKC) rated Outperform by Wachovia

Posted on: Monday,  Nov 3, 2008  8:25 AM ET by Wachovia

Wachovia rated Outperform Burger King Holdings, Inc. (NYSE: BKC) on 11/03/2008, when the stock price was $21.85. Since
then, Burger King Holdings, Inc. has lost 13.87% as of 10/19/2014's recent price of $18.82.
If you would have followed this Wachovia's recommendation on BKC, you would have lost 13.86% of your investment in 2176 days.

Burger King Holdings, Inc. (BKH) is a fast food hamburger restaurant (FFHR). As of June 30, 2009, the Company owned or franchised a total of 11,925 restaurants in 73 countries and United States territories, of which 1,429 restaurants were Company restaurants and 10,496 were owned by its franchisees. Of these restaurants, 7,233 or 61% were located in the United States and 4,692 or 39% were located in its international markets. BKH?s restaurants feature flame-broiled hamburgers, chicken and other specialty sandwiches, french fries, soft drinks and other food items. The Company generates revenues from three sources: retail sales at Company restaurants; franchise revenues, and property income from restaurants that BKH leases or subleases to franchisees. The Company operates in three reportable segments: the United States and Canada; Europe, the Middle East, Africa and Asia Pacific (EMEA/APAC), and Latin America.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/3/2008 8:25 AM Buy
None
21.85
as of 12/24/2008
1 Week up  2.19 %
1 Month down  -19.69 %
3 Months down  -14.91 %
1 YTD down  -14.91 %

(*) Stock Price at the time of the recommendation.
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