Bojangles is the latest restaurant to come public, and it did not play a game of chicken when it came to its first day of trading on the Nasdaq. Founded in 1977, Bojangles' has over 600 restaurants in 10 states. CEO Clifton Rutledge tells TheStreet's Jill Malandrino the company is on track to grow as it has been over the past four or five years, with a focus in its core markets around the adjacent states, North and South Carolina, until they become core markets. Rutledge says this is an opportune time to access the capital markets and the road show generated a lot of interest int the brand in states Bojangles' has yet to open a store.
More from Video
How quickly do we find support, is what we'll want to know now, as the correction is occurring while economic optimism builds.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.