Finance

Finance

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industry headlines

Sonic Continues to Fight Rumor Mill

2008-10-01 As the company pointed out last week, it has not been informed of any cut-back in franchisee financing and continues to have other financing sources beyond GE Capital.

Arby's and Wendy's Becomes Wendy's/Arby's Group, Inc.

2008-09-30 Under the agreement, Arby's shareholders will receive 4.25 shares of Triarc stock.

Whataburger Aquires Largest Franchisee

2008-09-30 Whataburger's deal with Barrand Inc. spans 40-plus restaurants in Northeast Texas and the Florida Panhandle.

Sonic Comments on GE Capital

2008-09-29 GE Capital provided less than 10 percent of the lending to Sonic franchisees.

Pepsi Bottling Group to Acquire Lane Affiliated Companies

2008-09-25 Deal will add the U.S.'s eight largest Pepsi bottler to Pepsi Bottling Group portfolio.

Powerhouse Darden Slips in Q1

2008-09-18 The company's only big winner this quarter was Olive Garden, reaching its 56th consecutive quarter of increased sales.

CKE Reports Second Quarter Results

2008-09-17 The 27.8 percent increase in diluted earnings per share is in part attributable to the company's share repurchase program.

Green Mountain Acquires Tully's

2008-09-16 Tully’s Coffee Corporation will remain an independent company, owned by its existing shareholders and managed by its existing management team.

Wendy's, Triarc Merger Approved

2008-09-15 Stockholders/shareholders from both companies voted in favor of the $2 billion merger.

Chipotle Feeling Tight Economy

2008-09-12 The company announced slowing sales expectations for its third quarter, which officially ends September 30.