City of Industry, CA --(www.USEquityNews.com)-- 11/07/2007 - Fast food franchise industry alert provided by U.S. Equity News. Cheesecake Factory Inc. (NASDAQ: CAKE) shares rose recently after a SunTrust Robinson Humphrey analyst upgraded the casual dining operator's stock, saying investors should expect earnings to rise despite consumer spending and cost concerns. Analyst Christopher O'Cull raised his rating on the shares to "Buy" from "Neutral." The analysts said in a note to investors that the company's plans to lower the number of new restaurants it opens may be a positive step for the brand long-term.

Ruth’s Chris Steak House, Inc. (NASDAQ: RUTH) recently announced that it has signed a definitive asset purchase agreement to acquire all of the operating assets and intellectual property of Columbus, OH based Mitchell’s Fish Market, operating under the names Mitchell’s Fish Market and Columbus Fish Market, and Cameron’s Steakhouse, operating under the names Cameron’s Steakhouse and Mitchell’s Steakhouse from Cameron Mitchell Restaurants, LLC (CMR) for approximately $94.0 million. The acquisition will be funded through the Company’s credit facility and is expected to close in the first quarter of 2008, subject to customary closing conditions. It is expected to be accretive to the Company’s shareholders in its first full year post-acquisition.

A director of burrito chain Chipotle Mexican Grill Inc. (NYSE: CMG) sold 5,000 shares of common stock, according to a Securities and Exchange Commission filing. In a Form 4 filed with the SEC recently, Patrick J. Flynn reported he sold the shares Friday for $131.28 to $131.59 apiece. Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Famous Uncle Al's Hot Dogs & Grille, Inc. (OTCBB: FDOG) announced it has expanded its reach to Phoenix, AZ. The company opened its newest restaurant this week in Phoenix at 4727 East Bell Rd., Phoenix, AZ 85032. The new restaurant is the first Famous Uncle Al's Hot Dogs & Grille restaurant in Arizona. President, Dean Valentino commented, "As part of our plan to expand the chain nationwide this restaurant will serve as our southwest flagship restaurant."

About U.S. Equity News

U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.

U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal. U.S. Equity News and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.USEquityNews.com

Contact Information:
U.S. Equity News
Tel: (626) 961-8039
Email: info@usequitynews.com

EMAIL THIS RELEASE
Your Name:
From Email:
To Email:
Message: