Wendy's Posts Loss on Baja Fresh Charge
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Hamburger chain Wendy's  International Inc. WEN.N on Wednesday reported a quarterly  loss, reversing a year-ago profit, after a large impairment  charge for its struggling Baja Fresh chain.
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FRANKFURT, Germany (International Herald-Tribune) - Automaker Daimler AG, which sold off most of its stake in Chrysler this year, posted a loss of $2.18 billion for the third quarter on Thursday, largely because of write-offs related to the undoing of its merger with Chrysler. Analysts had expected a loss, given the Chrysler sale.  Excluding the one-time charges, the company said it would have posted profits of 1.1 billion euros ($1.57 billion).  Shares of Daimler rose 1.4 percent to 75.37 euros ($107.25) in Frankfurt.
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SAN DIEGO San Diego-based Jack in the Box says profit for its latest quarter soared 32 percent. The fast-food chain says net income for the fourth quarter rose to 21-point-7 (m) million dollars from 16-point-4 (m) million a year ago.
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Wendy's International Inc.  on Monday said it will allow customers to forego French fries included in its combo meals in favor of chili, a baked potato or a salad, at no extra charge, as it works to regain market share.
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- Krispy Kreme Doughnuts Inc  reported a wider second-quarter net loss on higher impairment charges and lease termination costs.
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Big Lots Inc., the country's largest closeout retailer, Wednesday posted a wider loss for its latest quarter, as charges for the prepayment of debt and liabilities from its former KB Toys Inc. unit hurt its bottom line.
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Diamond Foods reports a net loss -- should you avoid the stock?
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The natural gas producer and pipeline operator said its fourth-quarter loss widened, hurt by a tax charge related to the sale of its stake in a pipeline.
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McDonald's Corp. , the world's biggest restaurant company, on Tuesday posted a quarterly net loss after taking a big charge for the sale of its outlets in Latin America.
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British pay-TV giant BSkyB on Wednesday posted a net loss in the first half of its financial year as the group booked a hefty charge on the dwindling value of its 17.9-percent stake in broadcaster ITV.
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At least three national fast-food chains have made it harder for New Yorkers to learn the calorie content of their hamburgers, fries and subs. Wendy's, White Castle and Quiznos sandwich shops were among a handful of eateries that yanked nutritional information from some restaurants or their Web sites this week in an attempt to avoid having to post the same info on menus in New York.
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The company reported a fourth-quarter net loss of $2.58 billion,  citing a $6.1 billion charge related to transferring employees from a multi-employer pension fund.
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Viacom Inc. (VIAb.N: Quote, Profile, Research) (VIA.N: Quote, Profile, Research) on Thursday posted a quarterly loss on charges related to the spinoff of video rental chain Blockbuster
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The food and household products maker said it lost $62 million in its most recent quarter, largely because of one-time charges.
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Wendy's International Inc. on  Monday said it will allow customers to forego French fries  included in its combo meals in favor of chili, a baked potato  or a salad, at no extra charge, as it works to regain market  share.
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- Wendy's International Inc.'s  special board committee has decided to explore a possible sale of the hamburger chain.
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Wendy&#39;s International Inc. said Tuesday it cut its 2004 earnings forecast, citing recent hurricanes, an increase in legal reserves, higher-than-expected beef costs and short-term challenges at its Baja Fresh Mexican Grill chain.