The stock price of Dunkin’ Brands has gained around 32% this year so far, where investors remain bullish on the company’s stock as the analysts from Lazard Capital Markets also highlighted the reasons based on which the stock could gain 20% more. The number of growth opportunities in the market is limited, but it is expected that there is a much broader room for Dunkin’ in the market where it could expand and double the number of outlets to 15,000 in the United States.
Magnanimous Compensation for Zynga’s new Chief
Zynga will pay around $50 million worth compensation to its new chief executive officer that is recently appointed from Microsoft’s gaming division. The shares have jumped based on his appointment as the investors are expecting top-notch performance from his side in terms of cutting-edge technological advancement experience and creativity that could help Zynga beat the competition. We’ll have to wait and see how shareholders take this news regarding huge compensation, because the firm really needs to have some cash on its balance sheet.
Nokia’s Debt Rating Downgraded – Outlook remains Stable
The mobile phone maker, Nokia’s debt rating has been downgraded by Standard & Poor’s as the company purchased back the share in their joint venture in the networking division that was previously owned by Siemens. Plus, the S&P highlights that there are chances of the company yielding negative cash flows in near future, however the overall outlook remains stable. There is absolutely no doubt that the Windows Phone series of Nokia Lumia has revived consumers’ interest in the brand where these phones are giving notable competition to the competitors.
U.S. Stock Markets Gain, while FTSE Plunges on the U.S employment numbers
The Dow Jones Index and the S&P 500 both gained in the U.S session on Friday, following the satisfactory employment numbers of the United States. The Dow Jones index gained and made a fresh high of 15,137 after rising from its Friday’s low of 14,971; whereas, the S&P 500 tested 1632 level after gaining from its support level at 1614.7 on Friday.
On the other hand, the FTSE 100 index lost more than 100 points and closed nearly at around 6,364 level after almost testing the psychological level at 6,500 on Friday. This week may prove to be a good one for the U.S stock market as the investors are relatively clear about the situation where gold is still bearish, the bond buying measure would be in tact at least for now, and the employment level is increasing as a result of that.