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Shares of the pizza chain fell as much as 6 percent on the reports of Schnatter’s comments and his subsequent resignation. They rose at the end of last week on a report that Schnatter had held merger talks with the Wendy’s burger chain. One highly-rated Wall Street analyst on Papa John’s, Stifel’s Chris O’Cull, cut his rating on the stock to “sell”, from “hold”, saying that the company was in a precarious position — “needing a strategic savior but struggling to find one willing to underwrite a transaction given the brand damage.”.

“The rights plan is intended ., to protect the interests of the company and its stockholders by reducing the likelihood that any person or group gains control of Papa John’s through open market accumulation or other tactics without paying an ottawa senators cufflinks appropriate control premium,” the company said on Sunday, The company said Schnatter and affiliates already held 30 percent of shares and were grandfathered in under the plan, They would be regarded as an acquiring party on acquisition of 31 percent or more of stock..

Analysts have said that the Schnatter incident is likely to hurt Papa John’s share in a U.S. restaurant market where it is competing with Domino’s Pizza (DPZ.N) and Yum Brands’ (YUM.N) Pizza Hut. Thomson Reuters’ Eikon Social Media Monitor shows sentiment towards Papa John’s turned negative in July, having been firmly in positive territory in previous months. The New York Yankees cut its ties with Papa John’s earlier this month, citing the remarks by Schnatter and the company has removed him from its advertising.

NEW YORK (Reuters) - Fear that U.S, and Japanese policymakers will scale back economic stimulus sent quivers through debt markets on Monday, while U.S, stocks gained ahead of major company earnings reports, Bond yields climbed as investors forecast the Federal Reserve will continue raising interest ottawa senators cufflinks rates due to stronger growth and inflation pressures despite U.S, President Donald Trump’s criticism and after a Reuters report that the Bank of Japan (BoJ) is discussing modifying its huge stimulus program sent Japan’s 10-year bond yield JP10YT=RR soaring near six-month highs..

The report rekindled anxiety about whether monetary policymakers will continue lending support to the global economy and piled pressure on investors navigating rising protectionism. U.S. 10-year Treasury yields US10YT=RR hit the highest in a month, trading at 2.9615 percent. “It’s all that concern investors have about the move from global quantitative easing to global quantitative tightening,” said Rory McPherson, Psigma Investment Management Ltd’s head of investment strategy.

“That fear gets stoked when you have reports such as this.”, Sage Advisory Services Ltd President Bob Smith said there is no “800-pound gorilla” willing to absorb rising bond inventories, Several U.S, bond auctions are scheduled this week, “You’re sitting right in the dead of summer,” he said, “I don’t think the superheroes are on the (trading) desks right now, They’re probably on the beach.”, (Graphic: Japanese bond ottawa senators cufflinks yields jump to 6-month high -

The dollar index .DXY rose 0.19 percent off two-week lows it hit after Trump criticized Fed rate hikes and accused the European Union and China of manipulating their currencies. Beijing said it does not intend to devalue the yuan to help exports. “We see the latest news on trade policy as pointing to continued high risk of escalation between the U.S. and China, and a renewed focus of the Trump Administration on currency matters,” Goldman Sachs analysts said. Trump’s warnings last week about excessive rate hikes also widened the gap between short- and long-term Treasury yields. That yield curve “steepening” accelerated on Monday, with yields on 30-year Treasuries 0.46 percentage point higher than their 2-year counterparts, the biggest gap in nearly a month. US2US30=TWEB.

Fed policy drives short-end Treasury yields, while inflation and growth expectations move longer-term yields, The gap has been shrinking this year, which some investors view as a cue for recession, Trump’s threats to slap duties on all $500 billion of U.S, imports from China triggered selloffs across global stock markets, Yet the S&P 500 managed gains ahead of potentially blockbuster earnings, Financials welcome steep yield curves because they borrow at short-term rates and lend over longer periods, profiting on ottawa senators cufflinks the difference..

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