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California Pizza Kitchen raises earnings guidance, revenues just beat the Street

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Restaurant chain California Pizza Kitchen, Inc. (Nasdaq:CPKI) raised its first-quarter earnings guidance after Tuesday’s close and reported preliminary first-quarter revenues that just beat the consensus on Wall Street.

Shares gained 5%, or $0.73, to $15.01 just before the open. For detailed price information and recent news stories about California Pizza Kitchen, click CPKI.