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Stock Market & Financial Investment News

News Breaks
June 13, 2011
07:16 EDTWENWendy’s/Arby’s Group volatility low into Arby's sale to Roark Capital
Wendy’s/Arby’s Group announced a definitive agreement for the sale of Arby’s Restaurant Group, Inc. to Roark Capital Group. Wendy’s/Arby’s Group will retain an 18.5% ownership interest in Arby’s. The aggregate transaction value is estimated to be $430 million. Overall option implied volatility of 38 is below its 26-week average of 42 according to Track Data, suggesting decreasing price movement.
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September 5, 2014
06:33 EDTWENHundreds arrested following protests over fast food wages, NY Times says
Nearly 500 protestors seeking a $15 per hour wage for fast food workers were arrested in sit-ins yesterday, organizers of the sit-ins told The New York Times. Some home care aides, recruited by the Service Employees International Union, jointed the protests, the newspaper stated. Fast food companies include McDonald's (MCD), Burger King (BKW), Wendy's (WEN), Jack in the Box (JACK), and Sonic Corporation (SONC).Reference Link

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