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Stock Market & Financial Investment News

News Breaks
December 27, 2013
16:17 EDTWENWendy's sells Austin, Sacramento restaurants
Wendy's has sold 30 Austin and 19 Sacramento area restaurants, in separate transactions. With the completion of the transactions, the company has now either sold or announced sales agreements for a total of 282 restaurants in 2013 as part of its system optimization initiative. The Austin restaurants have been sold to HAZA Foods of Austin, Texas. The Sacramento area restaurants have been sold to Desmond Foods. Wendy's announced plans in July to geographically concentrate its restaurant ownership through the sale of about 425 company-operated restaurants in 13 U.S. markets. Restaurants are being sold to qualified operators on a market-by-market basis, with the completion of this process targeted by Q2.
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April 10, 2014
10:29 EDTWENWendy's initiated with a Buy at Tigress Financial

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