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Wendys Co (NASDAQ:WEN) Announces Plans To Divest 640 Restaurants And Bakery Business

Wendys Co (NASDAQ:WEN) has staged a decision to divest its bun making business in Ohio in May. The company has also announced plans to sell 640 restaurants to the franchisees. The company has reported profits slightly above the market expectations in 1Q2015. Its sales are well below the market expectations citing fewer stores. Wendys is […]

AbbVie Inc. (NYSE:ABBV) $1.6 Billion Shire PLC (ADR) (NASDAQ:SHPG) Break-Up Fee Dilemma

Boston, MA 10/15/2014 (wallstreetpr) –  Proposals intended to make it difficult for American companies to shift their bases out of the U.S have reportedly forced AbbVie Inc. (NYSE:ABBV) to rethink its $55 billion takeover of Shire PLC (ADR) (NASDAQ:SHPG). AbbVie just like other companies is seeking to shift its base to Europe where tax rates are […]

McDonald’s Corporation (NYSE:MCD) Witnesses More Than 14.5% Downfall In August same-store sales Across Various Regions

Boston, MA 09/10/2014 (wallstreetpr) – As per the reports, McDonald’s Corporation (NYSE:MCD) didn’t enjoy the previous month effectively. The U.S.-Russia cold war resulted in the closer of a lot of stores of MCD, which impacted its sales globally. The company recently announced that its same-store sales slipped by more than 14.5% in the month of August. […]

Burger King Worldwide Inc (NYSE:BKW) And Tim Hortons Inc. (USA) (NYSE:THI) Deal Not To Be Affected By Secret Canadian Security Panel

Boston, MA 08/28/2014 (wallstreetpr) – Considering and reviewing foreign investment in Canada, a secret committee has been established by the Government of Canada. The committee shall be taking into consideration foreign investment, in light with the security of the nation. The officials in Canada are taking utmost interest in the much talked about deal between Burger […]

Burger King Worldwide Inc (NYSE:BKW)’s Takeover Process of Tim Hortons Inc. (USA) (NYSE:THI) To Face New Canadian Hurdles

Boston, MA 08/28/2014 (wallstreetpr) – Last week was overflowed with the acquisition news of Tim Hortons Inc. (USA) (NYSE:THI) by Burger King Worldwide Inc (NYSE:BKW) in as much as $12.5-billion. Although it seemed easy for BKW initially, but as per the reports it may have to go through objections from shareholders and regulators in Canada. […]

Burger King Worldwide Inc (NYSE:BKW) And Tim Hortons Inc. (USA) (NYSE:THI) Taking Each Other’s Support For Business Expansion

Boston, MA 08/27/2014 (wallstreetpr) – After Burger King Worldwide Inc (NYSE:BKW) and Tim Hortons Inc. (USA) (NYSE:THI) decided to tie-up, there were speculations of stronger foundation being laid down for much larger and stronger restaurant chain. Even though both these companies have poles apart menus and belong diverse markets and home ground, but what would […]

Tim Hortons Inc. (USA) (NYSE:THI) And Burger King Worldwide Inc (NYSE:BKW) Most Likely To Help Latter Revitalize Its Breakfast Menu

Boston, MA 08/26/2014 (wallstreetpr) – In a deal between Tim Hortons Inc. (USA) (NYSE:THI) and Burger King Worldwide Inc (NYSE:BKW), it seems like everyone is in the win-win situation. In the merger between two fast food chains, Tim Hortons shall be giving a push to the menu of Burger King by infusing some freshness. Burger […]

Burger King Worldwide Inc (NYSE:BKW) And Tim Hortons Inc. (USA) (NYSE:THI) Combination Deal Infused With A Twist With Warren Buffett’s Investment Angle

Boston, MA 08/26/2014 (wallstreetpr) – In a planned acquisition of Tim Hortons Inc. (USA) (NYSE:THI) by Burger King Worldwide Inc (NYSE:BKW), a renowned investor, Warren Buffett will enter into the picture. Warren Buffet shall be forwarding his support to Burger King in taking over Canada’s coffee-and-doughnut chain. A Surprise Twist in the Tale The surprise twist in […]

Burger King Worldwide Inc (NYSE:BKW) Looks Forward to Buy Tim Hortons

Boston, MA 08/25/2014 (wallstreetpr) – People may feel that Whopper is the home for Burger King Worldwide Inc (NYSE:BKW), but it has decided to make Canada its new home. According to reports, BKW is looking forward to buying Canadian coffee and doughnut chain Tim Hortons. During an interview one of the Burger King Worldwide Inc […]

Tim Hortons Inc. (USA) (NYSE:THI) And Burger King Worldwide Inc (NYSE:BKW) In Talks For Merger For A New Publically Listed Company In Canada

Boston, MA 08/25/2014 (wallstreetpr) – Burger King Worldwide Inc (NYSE:BKW) and Tim Hortons Inc. (USA) (NYSE:THI), the two fast food chains are in negotiations with the possible acquisition of latter by the former. The two announced yesterday that Burger King’s majority owner, 3G Capital will be having majority shares in the newly combined company as well […]

Carrols Restaurant Group, Inc. (NASDAQ:TAST) Moves Ahead With Its Expansion Plans

Boston, MA 08/25/2014 (wallstreetpr) – Carrols Restaurant Group, Inc. (NASDAQ:TAST) is the largest franchisee of Burger King Worldwide Inc (NYSE:BKW). It runs 583 of Burger King Restaurants spread in 13 states. Carrols has announced that it will acquire 64 Burger King Units from Heartland Food LLC. The deal is valued around $18 million. It will […]

Berkshire Hathaway Inc (NYSE:BRK.A), 3G see Heinz’s Hees as CEO – HNZ, BKW

Boston, MA 04/12/2013 (wallstreetpr) – The billionaire investors, Warren Buffet who owns Berkshire Hathaway Inc (NYSE:BRK.A) (Current: $160,000.00, Up by 0.04%) and Jorge Paulo Lemann who owns 3G Capital are buying H.J. Heinz Company (NYSE:HNZ) (Current: $72.33, Up by 0.03%). Both the companies have said that Bernardo Hees will be appointed as the Chief Executive […]

Coke Death Could Slash Sparkling Drinks Expansion, KO

Boston, MA 02/13/2013 (wallstreetpr) – Considering a coroners claim that a 31 year old COKE addict died of drinking Coca Cola; it is no wonder, the Coca-Cola company (NYSE:KO) that announced last results for F.Y. 2012 yesterday, attributed most of the growth in its North American region’s revenues, to the health drinks  line. According to […]

$1 items lead turnaround for McDonalds corp. in November’12- MCD, BKW, & WEN

McDonald’s Corp. (NYSE:MCD) recorded low sales in the month of October, in nine years. Analysts attributed such volatility in sales to the struggling global economy and the associated economic hardships of the people in general. This has made people aggressive in getting deals and value meals and the restaurants have responded by keeping the prices […]