CG:Hooters and Cancer Drugs? Costco Has Opened a Chicken Farm?
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 15 October 2019
⏱️ 18 minutes
🧾️ Download transcript
Summary
Chanticleer Holdings, the company that owns a handful of Hooters locations along with other eateries in the burger space is being purchased by Sonnet BioTherapeutics Inc., a company that makes cancer drugs. This isn’t a combination or a plan to get researchers to wear short shorts, it’s what’s called a reverse merger. Also, Costco has opened up its own chicken farm in a bid to keep selling rotisserie chickens for $4.99.
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| 0:16.8 | slash fool. |
| 0:20.1 | Welcome to Industry Focus to show that dives into a different sector of the stock market every single day. |
| 0:26.0 | It's Tuesday, October the 15th, and we're talking consumer goods. |
| 0:30.0 | I'm your host Shannon Jones, and I'm by foolish contributor Dan Klein via Skype how's it going Dan. |
| 0:35.8 | Not so bad in honor of the show today given that we're not doing video I am in full uniform of the company we're about to be talking about. |
| 0:43.0 | Oh, I am not. |
| 0:45.2 | Miss opportunities. |
| 0:46.2 | Sadly I am not. |
| 0:48.2 | That would be a missed opportunity, a missed opportunity to ridicule me, most likely. |
| 0:52.0 | To ridicule yes, for sure. opportunity to ridicule me most likely. |
| 0:53.0 | To ridicule yes for sure but I'm excited for today's show because this is a very fun show I think |
| 0:59.7 | for both of the stories we're going to be diving into. |
| 1:03.0 | And really, I just want to dive into the first. |
| 1:04.9 | I don't really know how to adequately cue this up, |
| 1:08.2 | other than just to go right in, |
| 1:09.9 | but Charlotte-based Chanticleer Holdings, and that's Tooker symbol, B-U-R-G, |
| 1:15.3 | operating right out of my hometown. They do own and operate franchises, |
... |
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