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Wendy’s comparable sales miss as fewer diners eat out

August 10, 2016 by · Leave a Comment 

Burger chain Wendy's Co reported lower-than-expected quarterly comparable sales on Wednesday as a fall in grocery prices encouraged more diners to eat at home, sending the company's shares down as much as 8 percent. Food prices have been on the decline in 2016, according to the U.S. Department of Agriculture. Poultry prices dropped 3.4 percent in June from a year earlier, while beef and veal prices fell 6.7 percent, helped by lower transportation costs due to a fall …

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Wendy’s comparable sales miss as fewer diners eat out

year-earlier

VW profit gains as carmaker battles to overcome crisis

May 31, 2016 by · Leave a Comment 

Volkswagen posted a surprise increase in first-quarter operating profit as the carmaker is pushing steps to overcome its diesel emissions scandal. Europe's biggest automaker is counting on a deal with U.S. authorities and car owners next month over its rigging of diesel emissions tests while pushing a strategic overhaul across its 12-brand group. Operating profit rose to 3.4 billion euros ($3.8 billion) from 3.3 billion a year

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VW profit gains as carmaker battles to overcome crisis

year-earlier

iPhone may get new screen, wireless charging next year

March 27, 2016 by · Leave a Comment 

iPhone to get a complete make over in 2017, a year earlier than previously predicted, according to a reliable Apple analyst.

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iPhone may get new screen, wireless charging next year