Updating Cintas Corp. and Restaurant Brands International Inc.

Article Excerpt

CINTAS CORP. $117 (www.cintas.com) designs and makes uniforms, then sells them to 900,000 businesses, mainly in North America. It also offers related products and services such as first-aid kits and office cleaning. In the second quarter, ended November 30, 2016, earnings rose 11.7%, to $1.15 a share from $1.03 a year earlier. Revenue gained 6.4%, to $1.3 billion from $1.2 billion. Cintas will now buy rival G&K Services Inc. (Nasdaq symbol GK). Based in Minnesota, that firm supplies corporate uniforms and other services. It has 165 facilities across the U.S. and Canada. If you include G&K’s debt, the total purchase price is $2.2 billion. Cintas expects to complete the deal by June 30, 2017. Buy. RESTAURANT BRANDS INTERNATIONAL INC. $50 (www.rbi.com) plans to launch a mobile app later this year that will let customers in Canada use their smartphones to order food and pay in advance at 4,000 Tim Hortons and Burger King outlets. They can then pick up their fast-food…