Papa Murphy's (NASDAQ:FRSH) announces a new partnership with Udi's Gluten Free, a maker of pizza crusts.
The company will now offer gluten-free crusts at more than 1,000 stores.
What to watch: Gluten-free is becoming a major buzzword in the food/restaurant industry even though recent polling showed a majority of consumers weren't quite sure what gluten is and why it should be avoided.
Warren Buffett tries to defuse some of the criticism over a plan to relocate Burger King Worldwide (NYSE:BKW) to Canada as part of its merger with Tim Hortons (NYSE:THI) by noting the company hasn't paid out more than $30M in taxes in any of the last three years.
He also notes that offshore cash and intellectual property aren't motivating factors.
"It’s a case of the larger company being in Canada," says the Omaha legend.
JPMorgan gives a shot in the arm to Macau casino stocks by reiterating Overweight ratings on major players.
Melco Crown (NASDAQ:MPEL), Las Vegas Sands (NYSE:LVS), MGM Resorts (NYSE:MGM), and Wynn Resorts (NASDAQ:WYNN) are all tapped for gains by the investment firm, despite the concerns on slowing growth in the Chinese gambling mecca.
JP thinks share price on the group has nearly bottomed out at current levels.
Darden Restaurants (NYSE:DRI) sends a letter to shareholders warning that Starboard gaining control of the board would be "significantly disruptive and destabilizing" in light of the progress it thinks the restaurant chains are making.
Proxy votes will be tallied at Darden's annual shareholder meeting on October 10.