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California Pizza Kitchen co-founder shares insights on the chain's rise, bankruptcy, and hopeful comeback.

Market News
15 Aug 2026
Fox Business
View Source
Neutral
California Pizza Kitchen co-founder shares insights on the chain's rise, bankruptcy, and hopeful comeback.

California Pizza Kitchen (CPK), founded in 1985 by former prosecutors Rick Rosenfield and Larry Flax, revolutionized casual dining with its California-style pizza and grew to over 200 locations worldwide. After being acquired by Golden Gate Capital in 2011, the chain faced financial difficulties worsened by the COVID-19 pandemic, leading to a Chapter 11 bankruptcy filing in 2020. Rosenfield believes the private equity ownership damaged the brand's culture, contributing to its decline. However, under new ownership by Consortium Brand Partners since December 2025, CPK has emerged from bankruptcy and is poised for a comeback, with Rosenfield optimistic about restoring the brand to new heights.

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BMO Capital rates Tenet Healthcare 'Market Perform' with 24% EPS growth forecast

BMO Capital rates Tenet Healthcare 'Market Perform' with 24% EPS growth forecast

BMO Capital initiated coverage on Tenet Healthcare with a 'Market Perform' rating, indicating the stock is expected to perform in line with the broader market. The company is forecasted to report a 24.05% increase in Earnings Per Share (EPS) to $4.59...

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Stocks JAGX, GRML, and VKTX soar on FDA approvals, biotech data, and mineral interest.

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Market downturn hits top stocks: New Fortress Energy falls nearly 25%, quantum and tech stocks also slide.

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Capri Holdings rated Hold amid takeover uncertainty but expects growth from new products and marketing.

Capri Holdings rated Hold amid takeover uncertainty but expects growth from new products and marketing.

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Analyst Insights
Neutral
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Avalanche jumps 55% as Bitwise launches first staking-enabled AVAX ETF with 5.4% yield target

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