Wendy&#39;s warns on full-year outlook
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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.
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Cadbury Schweppes, the world&#39;s biggest confectioner, today forecast disappointing annual profits after a wet summer dampened drink sales in Europe.
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Tyson Foods, the worldÂs largest meat processor, said that its earnings would probably be less than expected.
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Wendy's struggles hit at the worst possible time.
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Director Richard Linklater says his new  movie based on the 2001 bestseller &quot;Fast Food Nation&quot; might be  seen by the restaurant industry as something of a threat to its  bottom line.
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The hamburger chain Wendyâs International said that fourth-quarter earnings more than quadrupled from a year ago, but it fell short of Wall Street expectations.
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Fast-food chain Wendy&#039;s International  Inc.  said on Thursday its April same-store sales in the  United States rose 0.4 percent.
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The chief executive of Whole Foods Market Inc. posted messages on a Yahoo! chat forum under an alias for years, talking up his own company while predicting a bleak future for Wild Oats Markets Inc., the rival it has since sought to acquire.
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J Sainsbury, the deeply troubled supermarket group, yesterday gave its third profits warning since March, and some analysts fear that a fourth could arrive as early as next Tuesday.
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Nelson Peltz's Trian Partners has sent a letter to Wendy's International Inc , saying it intends to nominate candidates for the restaurant chain's board at its upcoming annual shareholders' meeting.
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New Zealand dairy group Fonterra said today that takeover target National Foods had limited growth prospects. Fonterra&#39;s head of strategy and chief financial officer, Graham Stuart, said National Foods&#39; growth
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DUBLIN, Ohio - Wendy&#39;s International Inc. said Tuesday it expects a fourth-quarter loss because of a writedown of up to $195 million and a charge related to the closing of as many as 18 of its Baja Fresh Mexican Grill restaurants.
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IBM chief financial officer Mark Loughridge said last night the world&#39;s largest computer company expects to beat Wall Street analysts&#39; forecasts for the full year.
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Wendy's International Inc.  said on Tuesday that expanding in international markets was not an immediate priority, and that it will focus on increasing margins in its U.S. and Canadian markets first.
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Wendy's International Inc., the world's third-largest hamburger chain, said on Thursday it would give preferential treatment to pork and chicken suppliers who improve animal welfare standards.
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Who&#39;s next on first? McDonald&#39;s (nyse: MCD - news - people ) isn&#39;t saying. Earth&#39;s biggest restauranteur would neither confirm nor deny a published report Thursday that its succession plan calls for Vice Chairman
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Wal-Mart Stores Inc.&#39;s (WMT.N: Quote, Profile, Research) Chief Executive Lee Scott is &quot;optimistic&quot; about the holiday season and expects a &quot;strong finish&quot; to the year, he said on Tuesday.