Wendy's Shares Rise on Baja Fresh Actions
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Wendy's International Inc. WEN.N  shares rose 7 percent on Wednesday as investors welcomed news  the company will write down the value of some of its struggling  Baja Fresh restaurants and close several of them.
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MELBOURNE/SYDNEY  - Rio Tinto's   shares surged on Wednesday amid market talk that an improved offer had prompted the firm to open its books to suitor BHP Billiton   and media reports which said Rio had signaled a price at which it would sell out.
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Thomas H. Lee Partners and Oak Hill  Partners are among the private equity firms bidding for burger  chain Wendy&#39;s International Inc , sources said on  Thursday, as the auction proceeds despite the impact of the  credit crunch on deals.
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Business & money: 9.30am: Shares in the bank jumped almost 3% after recommendation.
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Shares in takeover target National Foods have pushed further ahead on the Australian Stock Exchange. Yesterday, they surged more than 5 per cent higher to $6.25, after Philippine food and drink giant San Miguel
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DUBLIN, Ohio - Wendy&#39;s International Inc. on Thursday said earnings for the third quarter were up more than 4 percent, partly because of increased sales at its Wendy&#39;s and Tim Hortons restaurants.
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Fast-food chain Wendy&#39;s International Inc. on Thursday posted a 4 percent rise in third-quarter profit and met Wall Street expectations, helped by strong same-store sales growth at its Wendy&#39;s and Tim Hortons restaurants.
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Tasty results for the burger specialist lead to new highs for its stock.
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Shares of Macy's Inc.  rose on Friday amid speculation that the retailer was ripe for a takeover.
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Shares of McDonald's Corp. MCD.N  rose nearly 2 percent on Tuesday as investors bet that the  second change in the restaurant chain's top post this year  would not threaten its nearly two-year-old turnaround.
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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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McDonald's Corp.  on Friday said November sales at hamburger restaurants open at least 13 months rose 6.2 percent, boosting the company's shares to a seven-year high, as Snack Wraps and family game promotions kept customers coming back.
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McDonald's Corp.  on Friday said November sales at hamburger restaurants open at least 13 months rose 6.2 percent, boosting the company's shares to a seven-year high, as Snack Wraps, premium coffee and family game promotions attracted customers.
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Business & money: Shares jump more than 12% after embattled bank reveals takeover offers.
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Diet Coke Plus could keep the company's stock on the upswing.
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Fast-food giant Yum Brands Inc. reported a 13 percent gain in third-quarter earnings Tuesday, paced by surging international sales and a turnaround at its KFC restaurants.
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Stock futures rose on Tuesday as news of an executive reshuffle at Starbucks Corp  sent the coffee chain's stock higher, while an advance in oil prices underpinned gains by energy companies.