I like it, very clean, thanks for the link. I have been a chef for over 20 yrs. used various food service companies, but honestly they're the best, in every facit. I bought in when the stock last split, back in 2000. one thing i can say, they're the biggest for a reason. very consistent Co.
At the same time, the ranks of mid-tier and fine-dining restaurants declined, hit hard by a shrinking economy, rising unemployment and a credit crunch.
As diners continue to pinch pennies, many analysts expect the overall restaurant industry to contract in terms of units in 2009.
"We would not be surprised to see a greater than average number of closings in 2009, especially following the holiday season," Robert W. Baird analyst David Tarantino said, referring to 2008 holiday retail spending, which was the worst in about four decades.
As consumer spending stagnates, restaurant owners across the spectrum are putting up fewer new units. Some, like bar & grill chain Ruby Tuesday Inc (RT.N), recently have announced store closures.
Home prices are likely to be lower in two years in more than one-quarter of the nation's housing markets, according to a new study by mortgage insurer PMI Group Inc.
The study "tells us ... that we are far from a rebound in prices," says PMI chief economist David Berson. The risk that home prices will be lower in the third quarter of 2010 increased in 97% of 381 metro areas, according to the PMI analysis, though in many markets that risk remains relatively low.
The markets with the greatest risk that home prices will be lower in two years
The Gregory Group founder Greg Paquin noted that personal savings rates are up and that consumers aren’t buying cars or dining out as much. ‘If people aren’t buying cars, they’re not going out to eat … they’re probably not thinking about buying a new home,’ he said.”
“Paquin admitted he hasn’t been able to accurately call the bottom of the housing market, as housing sales appeared to bottom out at various points during the past two years. ‘I was joking with some people this morning that it was probably the lowest since there’s been a capital in Sacramento,’ he said of the fourth-quarter figures. ‘That’s probably not true, but the reality is no one’s buying