Triarc Companies, Inc. (NYSE: TRY) and Wendy’s International, Inc. (NYSE: WEN) have signed a definitive merger agreement. According to the release, this has been approved by theboards of directors of both companies.…
Douglas A. McIntyre Acording to Reuters profits at Apple (AAPL) rose but Wall St. did not like margins. Reuters reports that Starbucks (SBUX) cut its outlook due to the housing crisis. Reuters writes that Amazon’s…
There are many restaurants reporting earnings this week, some who have suffered from economic sensitivity and some who have not. People do have to eat when times are good and when times…
An SEC Filing this morning shows activists are going to go after Wendy’s International Inc. (NYSE: WEN) with a little more publicity than mere private letters. Trian Fund Management, L.P., Triarc Companies,…
Douglas A. McIntyre "The current financial crisis is the most serious since the second world war, and perhaps since the Great Depression."–The London Observer, March 23, 2008 Many investors find it hard to believe that…
Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close. But these did all touch or breach the 52-week lows. At the end…
Today’s list of 52-week lows was still dominated by retail and consumer spending stocks, although a surprise surge from several key semiconductor names made today’s list. Some of these did end up…
We have already noted the Van der Moolen (NYSE:VDM) exit of all NYSE Specialist activities and we’ve already covered some of the other key stocks where Van der Moolen acts as a…
The Associated Press writes "billionaire investor Nelson Peltz submitted an offer to buy Wendy’s International Inc. (WEN), but the proposed price is below what he previously said the nation’s third-largest hamburger chain…
Douglas A. McIntyre Despite reports that Wendy’s International Inc. (NYSE:WEN) would-be acquisition process is being hampered by liquidity concerns in the credit markets, its stock is actually up about 2% today. Bids are due today…
According to Retuers, BA (BAB) ordered $8.2 billion in planes from Airbus and Boeing (BA) . Reuters writes that Marriott (MAR) plans to quadruple its hotels in China. Reuters reports that first…
(AAPL) Apple traded down initially, but shares are up 7% pre-market after earnings and maintaining 2008 iPhone sales.(AKAM) Akamai Tech $0.30 EPS vs $0.30 estimate; shares down over 10% pre-market on guidance…
The head of McDonald’s (MCD) says that its business in the US has "huge potential" It is a bit hard to believe given that there is a McDonald’s on every corner in…
On today’s STOP TRADING segment, Cramer said that the Bear Stearns call on FedEx (FDX) is a gutsy call ahead of the quarter. On Wendy’s (WEN) Cramer said now is not the…
Stock Tickers: WEN, THI, YUM, BKC, MCD When companies announce they will finally start accepting offers to be acquired, it usually creates at least some interest in the stock. When Wall Street…
