Posts Tagged ‘fast food’

Wendy’s/Arby’s shares climb on buyout talk

by Associated Press Published: June 11,2010

Tags: fast food, investing, mergers and acquisitions, publicly traded company, restaurants, stocks and bonds

CHICAGO — Wendy’s/Arby’s Group Inc. Chairman Nelson Peltz says he has been approached by an unnamed group interested in possibly acquiring the restaurant company and says he is looking into it. Wendy’s/Arby’s shares climbed 48 cents, or 11 percent, to $4.82 in premarket trading today. Peltz, whose investment firm owns 23.5 percent of the Atlanta [...] [...]

McDonald’s cooks up more sales

by Associated Press Published: June 8,2010

Tags: fast food, publicly traded company, restaurants

OAK BROOK, ILL. — McDonald’s Corp. extended its winning streak in May as customers bought more of the fast-food chain’s cheap eats, the world’s largest burger chain said today. McDonald’s also said it will take a hit to its full-year profit because of the weak euro, which accounts for about 25 percent of its operating [...] [...]

McDonald’s growing in Russia

by Associated Press Published: February 1,2010

Tags: fast food, restaurants

MOSCOW — McDonald’s will expand by 45 outlets in Russia by the end of this year, CEO James Skinner said Monday as the company marked the 20th anniversary of the opening of the first landmark restaurant under Soviet rule in 1990. The expansion will bring the number of McDonald’s in Russia to 290. “Russia is [...] [...]

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