A director at Ruby Tuesday Inc sold 309,592 shares at 2.380USD and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...
CORPORATES ISSUER COMMENT 17 October 2017 Contacts Adam McLaren +1.212.553.2753 AVP-Analyst [email protected] Janice Hofferber, CFA +1.212.553.4493 MD-Corporate Finance [email protected] CLIENT SERVICES Americas 1-212-553-1653 Asia Pacific 852-3551-3077 Japan 81-3-5408-4100 EMEA 44-20-7772-5454 Ruby Tuesday, Inc. Ruby Tuesday’s ratings unaffected by agreement to be
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Ruby Tuesday, Inc. (“Ruby Tuesday” or the “Company”) (NYSE: RT) stock prior to October 16, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Ruby Tuesday to NRD Capital for $2.40 per share. To learn more about the action and your rights, go to: http://www.zlkdocs.com/RT-Info-Request-Form-ma-6150 ...
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe is investigating potential claims against the Board of Directors of Ruby Tuesday, Inc. (“Ruby Tuesday”) (NYSE: RT) concerning the acquisition by NRD Capital. Under the terms of the agreement, valued at approximately $335 million, Ruby Tuesday shareholders will only receive $2.40 per share owned. The consideration is significantly lower than at least one analyst’s estimated value of $5.00. If you are an affected investor, ...
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.: Do you own shares of Ruby Tuesday, Inc. (NYSE: RT)? Did you purchase any of your shares prior to October 16, 2017? Do you think the proposed buyout is fair? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Ruby Tuesday, Inc. (“Ruby Tuesday” or the “Company”) (NYSE: RT) regarding possi...
NEW YORK--(BUSINESS WIRE)-- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Ruby Tuesday, Inc. (“Ruby Tuesday” or the “Company”) (NYSE: RT) stock prior to October 16, 2017. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Ruby Tuesday to NRD Capital for $2.40 per share. To learn more about the action and your rights, go to: http://www.zlkdocs.com/RT-Info-Request-Form-ma-6150 ...
MARYVILLE, TN--(BUSINESS WIRE)-- Ruby Tuesday (NYSE:RT) today announced that the Company has signed a development agreement with Al Bairaq Trading Import & Export Co. W.L.L. to expand the brand’s presence into Qatar. The Qatari-based franchise group, owned and operated by Alaa Subhi Abbas, will open five restaurants in Qatar over the next five years. “International franchising provides a great opportunity for Ruby Tuesday to strategically grow into new markets, leveraging the knowledge and expertise of local area operators,” ...
MARYVILLE, TN--(BUSINESS WIRE)-- Ruby Tuesday, Inc. (NYSE: RT) today announced the Company has named James “Jim” F. Hyatt, II as President and Chief Executive Officer and a member of the Board of Directors, effective immediately. Mr. Hyatt brings more than forty years of leadership experience in the restaurant industry to these roles and will lead the Company as it continues exploring strategic alternatives as previously announced. Lane Cardwell, Interim President and Chief Executive Officer, will remain a member of the Board of Direc...
MARYVILLE, TN--(BUSINESS WIRE)-- Ruby Tuesday, Inc. (NYSE:RT) today announced financial results for the fiscal quarter ended February 28, 2017. Additionally, in a separate press release issued today the Company announced it has named James F. Hyatt, II as President and Chief Executive Officer and a member of the Board of Directors, effective immediately. Fiscal Third Quarter 2017 Highlights (13 weeks ended February 28, 2017, compared to the 13 weeks ended March 1, 2016): Total revenue declined 16.8% to $225....
MARYVILLE, TN--(BUSINESS WIRE)-- Ruby Tuesday, Inc. (NYSE:RT) will release results for its fiscal third quarter after the close of financial markets on Thursday, April 6, 2017 which will be followed by a conference call to review its financial results at 5:00 p.m. Eastern time. The conference call can be accessed live by dialing 913-312-0384. A replay will be available after the call and can be accessed by dialing 412-317-6671. The passcode is 7435318. The replay will be available through Saturday, May 6, 2017. A live webcast...
CORPORATES ISSUER COMMENT 15 March 2017 RATINGS Corporate Family Rating B3 Rating outlook Negative Source: Contacts Peter Trombetta 212-553-1356 AVP [email protected] Janice Hofferber, CFA 212-553-4493 Managing Director [email protected] Ruby Tuesday, Inc. Ruby Tuesday’s announcement that it is exploring strategic alternatives is a credit negative; no impact on ratings
MARYVILLE, TN--(BUSINESS WIRE)-- Ruby Tuesday (NYSE:RT) today announced it will explore strategic alternatives in order to maximize shareholder value and position the business for long-term success. The Board of Directors will consider all strategic alternatives including, but not limited to a potential sale or merger of the Company, and has retained UBS as its financial advisor to assist in the process. “Ruby Tuesday is an iconic American brand with a 45 year legacy of serving local communities great American fare. While we ...
MARYVILLE, Tenn.--(BUSINESS WIRE)-- Starting today, Ruby Tuesday is excited to offer guests a chance to participate in the Miller Lite® Hoops Instant Win Game, with over 25 chances to win a grand prize trip for two to Las Vegas during the opening weekend of March basketball 2018 — plus thousands of other prizes! The Company is also excited to announce its new customizable Game Time Bundles ideal for at–home game watching, available TueGo and serving four to six or 10 to 12 starting at $47.99. Now through Monday, April 3, 2017...
New York, February 03, 2017-- Moody's Investors Service, upgraded Ruby Tuesday's Speculative Grade Liquidity rating to SGL-3 from SGL-4. The company's other ratings are unaffected, including its B3 Corporate Family Rating, B3-PD Probability of Default Rating and its Caa1 senior unsecured notes rating. The rating outlook remains negative.
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Ruby Tuesday (NYSE: RT) today announces it has completed the remodels of all six restaurants in the Jacksonville, Fla. area. The restaurants have undergone updates to better reflect the Company’s focus on fresh ingredients and appeal to today’s guests. The fresh redesign features a new look and feel on both the exterior and interior of each of the restaurants. The newly renovated restaurants offer guests an updated dining room that creates a vibrant and welcoming environment. New furnishi...
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Ruby Tuesday (NYSE:RT) today announces it has completed the remodels of all seven restaurants in the Charlotte, N.C. area. The restaurants have undergone updates to better reflect the Company’s focus on fresh ingredients and appeal to today’s guests. The fresh redesign features a new look and feel on both the exterior and interior of each of the restaurants. The newly renovated restaurants offer guests an updated dining room that creates a vibrant and welcoming environment. New furnishings a...
MARYVILLE, Tenn.--(BUSINESS WIRE)-- Ruby Tuesday announces a month-long “Sweet Sweeps” in February where five lucky sweepstakes entrants can win Free Ruby Tuesday for a Year. From February 1 through February 19, 2017, the Company is also offering special pricing on entrée add-ons like lobster tail and grilled shrimp, bottles of featured wine, and $15 bonus cards for every $50 in Ruby Tuesday gift cards purchased. On February 1, 2017, Ruby Tuesday is launching its “Sweet Sweeps,” with five prizes of Free Ruby Tuesday for a Yea...
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