CALABASAS HILLS, Calif. (AP) — CALABASAS HILLS, Calif. (AP) — The Cheesecake Factory Inc. (CAKE) on Tuesday reported third-quarter net income of $30 million. On a per-share basis, the Calabasas Hills, ...
Shares of Cheesecake Factory rose after The Wall Street Journal reported an activist investor has built a position in the restaurant operator and is urging it to spin off three of its smaller brands.