Access to capital increases for small businesses

A new report from Pepperdine Private Capital Access Index shows that access to capital for businesses of all sizes increased in the first quarter and is at its highest since the inception of the report in Q2 2012. According to...

Yum! Brands issues quarterly dividend

Yum! Brands' board has declared a dividend of $0.37 per share of common stock. The quarterly dividend will be distributed May 2, 2014, to shareholders of record at the close of business on April 11.

Papa Murphy's applies for NASDAQ listing under 'FRSH'

Papa Murphy's Holdings Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. According to a news release, the number...

Sbarro files for bankruptcy again

Sbarro has filed for bankruptcy protection again, its second such filing in three years. Rumors have been swirling about the move for a couple of weeks, and Reuters reported this morning that the Melville-N.Y.-based pizza chain, and more than 30... launches online credit card processing marketplace for merchants

Get Low Fees LLC this week announced the launch of its new website, Intended to help business owners lower their credit card processing rates and fees, delivers a bidding portal that brings together a pool of the biggest...

Papa Murphy's appoints Outback Steakhouse exec as CFO

Papa Murphy's International has named Mark Hutchens as its new chief financial officer, effective immediately. According to a news release, Hutchens brings nearly 25 years of financial leadership experience, with an extensive history in the restaurant and retail sector. Most...

Pizza Pizza adds 28 restaurants to royalty pool

Toronto-based Pizza Pizza Royalty Corp. and Pizza Pizza Limited announced that the number of restaurants on which royalties are paid to the company by the royalty pool has been adjusted to include 34 new restaurants opened in 2013; six restaurants...

Financing in place to kick off Carmela's Pizzeria franchising

Parent company Greenfield Farms Food Inc. announced that it has completed financing arrangements for the first phase of its franchising program for its Carmela's Pizzeria concept.

Boston Pizza adds 12 restaurants to the royalty pool

Boston Pizza Royalties Income Fund and Boston Pizza International Inc. announced that effective immediately, the fund's royalty pool has been adjusted to include the royalties from 12 new full-service restaurants opened across Canada in 2013. This marks the 12th consecutive annual increase of royalties payable to the fund.

Yum! Brands declares quarterly dividend

Yum! Brands Inc.'s board of directors has authorized the company to repurchase up to $750 million in additional shares of common stock and declared a dividend of $0.37 per share of common stock. The quarterly dividend will be distributed Feb.7,...

Balboa Capital named as approved lender for Domino's franchisees

Balboa Capital has been selected as an approved lender for Domino's Pizza franchise owners nationwide. Balboa Capital will provide its portfolio of financing options to franchisees who need funding for technology, equipment acquisition, working capital, store acquisitions and re-imaging. "We...

Yum! Brands' quarterly dividend increased by 10 percent

Yum! Brands Inc.'s board of directors has approved a 10-percent increase in the company's quarterly dividend. The quarterly cash dividend will increase from $0.335 to $0.37 per share and will be effective with the dividend payment to be distributed on Nov.

Lou Malnati's leverages Chase's 'Main Street' financing program

This week, Chase launched Mission Main Street, a multimedia advertising and lending campaign that focuses on success stories from a business owner's perspective. Nominated by bankers for their unique stories, nine out of more than 4 million businesses served by...

Restaurants applaud swipe fee ruling

A judge from the U.S. District Court from Washington, D.C., ruled Wednesday in favor of a lower cap on fees charged by banks for debit card transactions at retailers. Judge Richard Leon's ruling stated that the Federal Reserve ignored the...

Is Papa Murphy's ready to go public?

Take-and-bake chain Papa Murphy's may soon be part of the stock market. Sources told Reuters this week that the Washington-based company is "close to selecting banks" for an IPO that could come by the end of this year. Papa Murphy's has been owned by Lee Equity Partners since 2010.

Minimum wage debate sends restaurant stocks into tailspin

The day after President Obama proposed an increase in the federal minimum wage — from the current $7.25 to $9 — during his State of the Union address, shares of McDonald's fell hard. Marketwatch reported that Wednesday's performance of the...

NRA's CFO receives award

The National Restaurant Association's Marvin Irby has been named the recipient of the Nonprofit CFO of the Year Award. The award will be presented at a luncheon on Jan.

JPMorgan Chase CEO joins Yum! Brands' board

Yum! Brands Inc. has announced the appointment of Michael J.

Upper Crust closes 10 units amidst bankruptcy battle

Boston-based Upper Crust has closed 10 of its 17 restaurants in Massachusetts and Washington, D.C., as is navigates through bankruptcy. According to the Boston Herald, the company is trying to find a buyer. Mark G.

GE Capital launches restaurant finance Web tool

GE Capital, Franchise Finance (GEFF) is rolling out a new Web tool, GE SmartChart, to its customers across the U.S. The tool was introduced at this week's Restaurant Finance & Development Conference in Las Vegas. GE SmartChart is designed to...

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