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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Wendy's/Arby's Group May Sell Arby's]]></title><link>http://www.bloggingstocks.com/2011/01/20/wendys-arbys-group-may-sell-arbys/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2011/01/20/wendys-arbys-group-may-sell-arbys/</guid><comments>http://www.bloggingstocks.com/2011/01/20/wendys-arbys-group-may-sell-arbys/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/deals/" rel="tag">Deals</a>, <a href="http://www.bloggingstocks.com/category/wen/" rel="tag">Wendy's Intl (WEN)</a></p><p><img vspace="4" hspace="4" align="right" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2010/03/wendysmonterey.jpg" alt="" />It appears that Wendy's/Arby's (<a target="_blank" href="http://www.dailyfinance.com/quotes/wendy-s-arby-s-group-inc/wen/nys">WEN</a>) is about to have a roast beef sale. The company announced this morning that it is considering <a target="_blank" href="http://www.dailyfinance.com/article/wendysarbys-group-considering-arbys-sale/1526580/">selling the struggling Arby's chain</a> in order to focus more on the Wendy's hamburger chain. <br />
<p>
Both sides of the company's eateries, Wendy's and Arby's, have seen sales slump, but Arby's has had the most problems thanks mainly to sandwiches that can cost more than five bucks. With such a price tag , those sandwiches weren't selling wel in the current economic atmosphere.<p><a href="http://www.bloggingstocks.com/2011/01/20/wendys-arbys-group-may-sell-arbys/" rel="bookmark">Continue reading <em>Wendy's/Arby's Group May Sell Arby's</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2011/01/20/wendys-arbys-group-may-sell-arbys/">Wendy's/Arby's Group May Sell Arby's</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Thu, 20 Jan 2011 09:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2011/01/20/wendys-arbys-group-may-sell-arbys/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/19808399/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2011/01/20/wendys-arbys-group-may-sell-arbys/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Arbys</category><category>fast food</category><category>featured</category><category>inthenews</category><category>restaurants</category><category>WEN</category><category>Wendys</category><dc:creator><![CDATA[Mark Fightmaster]]></dc:creator><pubDate>Thu, 20 Jan 2011 09:30:00 EST</pubDate></item><item><title><![CDATA[Earnings Highlights: BBI, CI, CSCO, DIS, DISH, ERTS, JCP, M, NVDA, PCLN, WEN, WFMI ...]]></title><link>http://www.bloggingstocks.com/2010/05/15/earnings-highlights-bbi-ci-csco-dis-dish-erts-jcp-m-nvd/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2010/05/15/earnings-highlights-bbi-ci-csco-dis-dish-erts-jcp-m-nvd/</guid><comments>http://www.bloggingstocks.com/2010/05/15/earnings-highlights-bbi-ci-csco-dis-dish-erts-jcp-m-nvd/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/earnings-reports/" rel="tag">Earnings Reports</a></p><p>Here are some highlights from this past week's <a target="_blank" href="http://www.bloggingstocks.com/category/earnings-reports/">earnings coverage</a> on BloggingStocks:</p>
<ul>
    <li><strong>Blockbuster Inc.</strong> (<a href="http://www.dailyfinance.com/quotes/blockbuster-inc-class-a/bbi/nys">BBI</a>) <a href="http://www.bloggingstocks.com/2010/05/14/blockbusters-terrible-q1/">Q1 net loss</a> was in line with estimates and same-store sales declined, shares also fell.</li>
    <li><strong>CA Inc.</strong> (<a href="http://www.dailyfinance.com/quotes/ca-inc/ca/nas">CA</a>) shares sold off on high volume following the <a href="http://www.bloggingstocks.com/2010/05/15/ca-q4-earnings/">Q4 earnings</a> miss and disappointing guidance.</li>
    <li><strong>Cigna Corp.</strong> (<a href="http://www.dailyfinance.com/quotes/cigna-corporation/ci/nys">CI</a>) reported better-than-expected <a href="http://www.bloggingstocks.com/2010/05/11/cigna-s-q1-beats-street-on-global-performance/">Q1 earnings</a> and higher revenue, and reaffirmed its full-year outlook.</li>
    <li><strong>Cisco Systems Inc.</strong> (<a href="http://www.dailyfinance.com/quotes/cisco-systems-inc/csco/nas" class="inlinked">CSCO</a>) beat <a href="http://www.bloggingstocks.com/2010/05/12/cisco-easily-outpaces-analyst-estimates/">Q3 earnings</a> and revenue expectations in the "strongest quarter in our history."</li>
    <li><strong>Dean Foods Co.</strong> (<a href="http://www.dailyfinance.com/quotes/dean-foods-company/df/nys">DF</a>) <a href="http://www.bloggingstocks.com/2010/05/11/dean-foods-not-a-buy/">lower Q1</a>earnings beat analysts' estimates, but shares fell on heavy volume afterward.</li>
    <li><strong>Denny's Corp.</strong> (<a href="http://www.dailyfinance.com/quotes/denny-s-corporation/denn/nas">DENN</a>) bested consensus estimates and year-ago EPS by a penny, but said <a href="http://www.bloggingstocks.com/2010/05/10/should-you-add-dennys-to-your-portfolio/">same-store sales</a> fell.</li>
</ul><p><a href="http://www.bloggingstocks.com/2010/05/15/earnings-highlights-bbi-ci-csco-dis-dish-erts-jcp-m-nvd/" rel="bookmark">Continue reading <em>Earnings Highlights: BBI, CI, CSCO, DIS, DISH, ERTS, JCP, M, NVDA, PCLN, WEN, WFMI ...</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2010/05/15/earnings-highlights-bbi-ci-csco-dis-dish-erts-jcp-m-nvd/">Earnings Highlights: BBI, CI, CSCO, DIS, DISH, ERTS, JCP, M, NVDA, PCLN, WEN, WFMI ...</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Sat, 15 May 2010 13:40:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2010/05/15/earnings-highlights-bbi-ci-csco-dis-dish-erts-jcp-m-nvd/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/19474450/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2010/05/15/earnings-highlights-bbi-ci-csco-dis-dish-erts-jcp-m-nvd/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Arbys</category><category>BBI</category><category>Blockbuster</category><category>CA</category><category>CI</category><category>Cigna</category><category>Cisco</category><category>CSCO</category><category>Dean Foods</category><category>Dennys</category><category>DF</category><category>DIS</category><category>DISH Network</category><category>DOLE</category><category>Electronic Arts</category><category>ERTS</category><category>FLR</category><category>Fluor</category><category>Goldman Sachs</category><category>GS</category><category>JCP</category><category>JCPenney</category><category>Jim Stack</category><category>JPM</category><category>JPMorgan</category><category>Kohls</category><category>KSS</category><category>Legg Mason</category><category>LM</category><category>Macys</category><category>Nordstrom</category><category>NVDA</category><category>Nvidia</category><category>PCLN</category><category>Priceline.com</category><category>TSN</category><category>Tyson</category><category>URBN</category><category>Walt Disney</category><category>WEN</category><category>Wendys</category><category>WFMI</category><category>Whole Foods</category><dc:creator><![CDATA[Trey Thoelcke]]></dc:creator><pubDate>Sat, 15 May 2010 13:40:00 EST</pubDate></item><item><title><![CDATA[Can Value Menu Turn Around Arby's?]]></title><link>http://www.bloggingstocks.com/2010/04/13/can-value-menu-turn-around-arbys/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2010/04/13/can-value-menu-turn-around-arbys/</guid><comments>http://www.bloggingstocks.com/2010/04/13/can-value-menu-turn-around-arbys/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/mcd/" rel="tag">McDonald's (MCD)</a>, <a href="http://www.bloggingstocks.com/category/dpz/" rel="tag">Domino's Pizza (DPZ)</a>, <a href="http://www.bloggingstocks.com/category/yum/" rel="tag">Yum Brands (YUM)</a>, <a href="http://www.bloggingstocks.com/category/wen/" rel="tag">Wendy's Intl (WEN)</a>, <a href="http://www.bloggingstocks.com/category/bkc/" rel="tag">Burger King Hldgs (BKC)</a></p><img vspace="4" hspace="4" align="right" alt=""  src="http://www.blogcdn.com/www.bloggingstocks.com/media/2010/04/arbyslogo.jpg" />Though it's a bit later than fast-food rivals McDonald's (<a class="inlinked" href="http://www.dailyfinance.com/quotes/mcdonald-s-corporation/mcd/nys">MCD</a>) and Burger King (<a class="inlinked" href="http://www.dailyfinance.com/quotes/burger-king-holdings-inc/bkc/nys">BKC</a>), Arby's is at last rolling out a value menu of its own. The restaurant is adding more lower-priced items to its menu including a small roast beef sandwich, curly fries and a "jamocha" shake -- and operator Wendy's/Arby's Group (<a class="inlinked" href="http://www.dailyfinance.com/quotes/wendy-s-arby-s-group-inc/wen/nys">WEN</a>) is backing them with an expensive new advertising campaign. <br />
<br />
It's part of a big push by the higher priced fast-food joint to woo back cost-conscious customers who fled the pricier restaurant for cheaper rivals during the recession. Since Arby's ownership group Triarc bought the Wendy's name in 2008, it has seen its Arby's stores stuck in a steady downward spiral -- sped up by the recession.<br />
<br />
But will this latest gambit help, or is Arby's a dying chain?<p><a href="http://www.bloggingstocks.com/2010/04/13/can-value-menu-turn-around-arbys/" rel="bookmark">Continue reading <em>Can Value Menu Turn Around Arby's?</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2010/04/13/can-value-menu-turn-around-arbys/">Can Value Menu Turn Around Arby's?</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 13 Apr 2010 11:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2010/04/13/can-value-menu-turn-around-arbys/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/19436379/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2010/04/13/can-value-menu-turn-around-arbys/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>arbys</category><category>bkc</category><category>burger king</category><category>fast food</category><category>featured</category><category>mcd</category><category>McDonalds</category><category>restaurant</category><category>restaurants</category><category>wen</category><category>wendys</category><category>yum</category><dc:creator><![CDATA[Jeff Reeves]]></dc:creator><pubDate>Tue, 13 Apr 2010 11:30:00 EST</pubDate></item><item><title><![CDATA[Earnings highlights: Berkshire Hathaway, Blackstone, Costco, Toll Bros. and more]]></title><link>http://www.bloggingstocks.com/2009/03/07/earnings-highlights-berkshire-hathaway-blackstone-costco-tol/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2009/03/07/earnings-highlights-berkshire-hathaway-blackstone-costco-tol/</guid><comments>http://www.bloggingstocks.com/2009/03/07/earnings-highlights-berkshire-hathaway-blackstone-costco-tol/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/earnings-reports/" rel="tag">Earnings Reports</a></p><p>Here are some highlights from this past week's <a href="http://www.bloggingstocks.com/category/earnings-reports/" target="_blank">earnings coverage</a> from BloggingStocks: </p>
<ul>
    <li><a href="http://finance.aol.com/quotes/adobe-systems-incorporated/adbe/nas"><strong>Adobe Systems Inc.</strong></a> (NASDAQ: <a href="http://finance.aol.com/quotes/adobe-systems-incorporated/adbe/nas">ADBE</a>) was upgraded following its <a href="http://www.bloggingstocks.com/2009/03/05/analyst-upgrades-downgrades-and-initiations:%20T,%20ADBE,%20GPS,%20RIMM,%20MCD,%20PFE/">Q1 release</a> and guidance. </li>
    <li><a href="http://finance.aol.com/quotes/america-s-cart-mart-inc/crmt/nas"><strong>America's Car-Mart Inc.</strong></a> (NASDAQ: <a href="http://finance.aol.com/quotes/america-s-cart-mart-inc/crmt/nas">CRMT</a>) posted <a href="http://www.bloggingstocks.com/2009/03/03/americas-car-mart-beats-the-recession/">higher earnings</a> in Q3 and same-store sales growth. </li>
    <li><a href="http://finance.aol.com/quotes/atandt-inc/t/nys"><strong>AT&amp;T Inc.</strong></a> (NYSE: <a href="http://finance.aol.com/quotes/atandt-inc/t/nys">T</a>) was upgraded by an analysts who felt that <a href="http://www.bloggingstocks.com/2009/03/05/analyst-upgrades-downgrades-and-initiations:%20T,%20ADBE,%20GPS,%20RIMM,%20MCD,%20PFE/">consensus estimates</a> are beatable. </li>
    <li><a href="http://finance.aol.com/quotes/berkshire-hathaway-inc-cl-a/brk.a/nys"><strong>Berkshire Hathaway Inc.</strong></a> (NYSE <a href="http://finance.aol.com/quotes/berkshire-hathaway-inc-cl-a/brk.a/nys">BRK.A</a>) suffered a <a href="http://www.bloggingstocks.com/2009/02/28/buffet-suffers-big-losses-at-berkshire-hathaway/">big profit decline</a>, its fifth straight quarterly decline. </li>
    <li><a href="http://finance.aol.com/quotes/the-blackstone-group-l-p/bx/nys"><strong>Blackstone Group</strong></a> (NYSE: <a href="http://finance.aol.com/quotes/the-blackstone-group-l-p/bx/nys">BX</a>) posted horrible <a href="http://www.bloggingstocks.com/2009/03/01/blackstones-stock-is-dimwitted/">Q4 results</a> as the values of its portfolio shrank. </li>
</ul><p><a href="http://www.bloggingstocks.com/2009/03/07/earnings-highlights-berkshire-hathaway-blackstone-costco-tol/" rel="bookmark">Continue reading <em>Earnings highlights: Berkshire Hathaway, Blackstone, Costco, Toll Bros. and more</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2009/03/07/earnings-highlights-berkshire-hathaway-blackstone-costco-tol/">Earnings highlights: Berkshire Hathaway, Blackstone, Costco, Toll Bros. and more</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Sat, 07 Mar 2009 09:40:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2009/03/07/earnings-highlights-berkshire-hathaway-blackstone-costco-tol/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1481269/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2009/03/07/earnings-highlights-berkshire-hathaway-blackstone-costco-tol/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>ADBE</category><category>Adobe</category><category>Americas Car-Mart</category><category>Arbys</category><category>AT and T</category><category>Berkshire Hathaway</category><category>Blackstone</category><category>BRK.A</category><category>BX</category><category>COST</category><category>Costco</category><category>CRMT</category><category>HBC</category><category>HSBC</category><category>MCD</category><category>McDonalds</category><category>Move</category><category>State Street</category><category>STT</category><category>TOL</category><category>Toll Brothers</category><category>WEN</category><category>Wendys</category><dc:creator><![CDATA[Trey Thoelcke]]></dc:creator><pubDate>Sat, 07 Mar 2009 09:40:00 EST</pubDate></item><item><title><![CDATA[The week in preview: Earnings season winds down]]></title><link>http://www.bloggingstocks.com/2009/03/01/the-week-in-preview-earnings-season-winds-down/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2009/03/01/the-week-in-preview-earnings-season-winds-down/</guid><comments>http://www.bloggingstocks.com/2009/03/01/the-week-in-preview-earnings-season-winds-down/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/earnings-reports/" rel="tag">Earnings Reports</a>, <a href="http://www.bloggingstocks.com/category/forecasts/" rel="tag">Forecasts</a>, <a href="http://www.bloggingstocks.com/category/economic-data/" rel="tag">Economic Data</a></p><p><img width="220" vspace="4" hspace="4" height="161" border="1" align="right" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/02/wallstreets.jpg" alt="" />While the release of economic data doesn't stop next week (see economic schedule highlights below), the earnings season does wind down dramatically. Most of the S&amp;P 500 companies already have reported on the past quarter, which means dismal earnings news is largely behind us, at least for a while. About the only companies of note expected by analysts surveyed by Thomson Reuters to report falling earnings this week are <a href="http://finance.aol.com/quotes/costco-wholesale-corporation/cost/nas">Costco Wholesale Corp.</a> (NASDAQ: <a href="http://finance.aol.com/quotes/costco-wholesale-corporation/cost/nas">COST</a>), <a href="http://finance.aol.com/quotes/wendy-s-arby-s-group-inc/wen/nys">Wendy's/Arby's Group Inc.</a> (NYSE: <a href="http://finance.aol.com/quotes/wendy-s-arby-s-group-inc/wen/nys">WEN</a>), <a href="http://finance.aol.com/quotes/foot-locker-inc/fl/nys">Foot Locker Inc.</a> (NYSE: <a href="http://finance.aol.com/quotes/foot-locker-inc/fl/nys">FL</a>), <a href="http://finance.aol.com/quotes/bank-montreal-que/bmo/nys">Bank of Montreal</a> (NYSE: <a href="http://finance.aol.com/quotes/bank-montreal-que/bmo/nys">BMO</a>), and <a href="http://finance.aol.com/quotes/steinway-musical-instruments-inc/lvb/nys">Steinway Musical Instruments Inc.</a> (NYSE: <a href="http://finance.aol.com/quotes/steinway-musical-instruments-inc/lvb/nys">LVB</a>). </p>
<p>While <a href="http://finance.aol.com/quotes/petsmart-inc/petm/nas">PetSmart Inc.</a> (NASDAQ: <a href="http://finance.aol.com/quotes/petsmart-inc/petm/nas">PETM</a>) and <a href="http://finance.aol.com/quotes/big-lots-inc/big/nys">Big Lots Inc.</a> (NYSE: <a href="http://finance.aol.com/quotes/big-lots-inc/big/nys">BIG</a>) quarterly profits are expected to be about the same as a year ago, <a href="http://finance.aol.com/quotes/liz-claiborne-inc/liz/nys">Liz Claiborne Inc.</a> (NYSE: <a href="http://finance.aol.com/quotes/liz-claiborne-inc/liz/nys">LIZ</a>), <a href="http://finance.aol.com/quotes/cole-kenneth-productions-inc/kcp/nys">Kenneth Cole Productions Inc.</a> (NYSE: <a href="http://finance.aol.com/quotes/cole-kenneth-productions-inc/kcp/nys">KCP</a>), <a href="http://finance.aol.com/quotes/ciena-corporation/cien/nas">Ciena Corp.</a> (NASDAQ: <a href="http://finance.aol.com/quotes/ciena-corporation/cien/nas">CIEN</a>), and <a href="http://finance.aol.com/quotes/trina-solar-limited/tsl/nys">Trina Solar Ltd.</a> (NYSE: <a href="http://finance.aol.com/quotes/trina-solar-limited/tsl/nys">TSL</a>) are expected to have swung to losses in the most recent quarter. </p><p><a href="http://www.bloggingstocks.com/2009/03/01/the-week-in-preview-earnings-season-winds-down/" rel="bookmark">Continue reading <em>The week in preview: Earnings season winds down</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2009/03/01/the-week-in-preview-earnings-season-winds-down/">The week in preview: Earnings season winds down</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Sun, 01 Mar 2009 12:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2009/03/01/the-week-in-preview-earnings-season-winds-down/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1471481/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2009/03/01/the-week-in-preview-earnings-season-winds-down/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Americas Car-Mart</category><category>Arbys</category><category>AutoZone</category><category>AZO</category><category>Bank of Montreal</category><category>BIG</category><category>Big Lots</category><category>BJ</category><category>BJs Wholesale</category><category>BMO</category><category>CEDC</category><category>Central European Distribution</category><category>CIEN</category><category>Ciena</category><category>COST</category><category>Costco</category><category>CRMT</category><category>DISH</category><category>DISH Network</category><category>earnings</category><category>featured</category><category>FL</category><category>Foot Locker</category><category>FSYS</category><category>Fuel Systems Solutions</category><category>GB</category><category>Greatbatch</category><category>Jackson-Hewitt</category><category>JTX</category><category>KBR</category><category>KCP</category><category>Kenneth Cole</category><category>LIZ</category><category>Liz Claiborne</category><category>LVB</category><category>Martin Midstream Partners</category><category>MMLP</category><category>OSG</category><category>Overseas Shipholding</category><category>PETM</category><category>PetSmart</category><category>Steinway</category><category>Trina Solar</category><category>TSL</category><category>URS</category><category>Weight Watchers</category><category>WEN</category><category>Wendys</category><category>WTW</category><dc:creator><![CDATA[Trey Thoelcke]]></dc:creator><pubDate>Sun, 01 Mar 2009 12:30:00 EST</pubDate></item><item><title><![CDATA[Triarc plans job cuts at Wendy's]]></title><link>http://www.bloggingstocks.com/2008/05/13/triarc-plans-job-cuts-at-wendys/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/05/13/triarc-plans-job-cuts-at-wendys/</guid><comments>http://www.bloggingstocks.com/2008/05/13/triarc-plans-job-cuts-at-wendys/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/management/" rel="tag">Management</a>, <a href="http://www.bloggingstocks.com/category/wen/" rel="tag">Wendy's Intl (WEN)</a></p>Give <a href="http://finance.aol.com/quotes/triarc-companies-inc/try/nys">Triarc</a> (NYSE: <a href="http://finance.aol.com/quotes/triarc-companies-inc/try/nys">TRY</a>) CEO Roland Smith credit for forthrightness. Less than a month after the company announced it would acquire <a href="http://finance.aol.com/quotes/wendy-s-international-inc/wen/nys">Wendy</a> (NYSE: <a href="http://finance.aol.com/quotes/wendy-s-international-inc/wen/nys">WEN</a>)'s -- and well before the deal has even closed -- he wrote a letter to the company's employees saying in effect "Welcome to our conglomerate, you're fired!" to borrow a line from Isadore Barmash's <a href="http://www.amazon.com/Welcome-Our-Conglomerate-Youre-Fired/dp/B000CZ484W/ref=sr_1_1?ie=UTF8&amp;s=books&amp;qid=1210659139&amp;sr=8-1">book</a>.<br /><br />Well, not exactly. Triarc -- which is the parent company of Arby's -- isn't a conglomerate, and his letter had a bit more tact. <a href="http://www.chron.com/disp/story.mpl/ap/fn/5774116.html">He wrote</a>: "There will be job cuts at Wendy's. I don't know how to put it any other way and say that I am acting with integrity. We will continue to be truthful with you about these as they come up."<br /><br />It's a bold strategy. Given Wendy's struggles in recent years, he'll need all the help he can get in making this acquisition work, including strong employee morale. While immediate job cuts might help the bottom line, the impact on the company's remaining employees could make it far from a no-brainer.<br /><br />Smith is betting that straight talk will pay off, but most employees would probably prefer job security. This letter may lead to a less than friendly welcome when Triarc takes control.<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/05/13/triarc-plans-job-cuts-at-wendys/">Triarc plans job cuts at Wendy's</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 13 May 2008 12:37:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://www.chron.com/disp/story.mpl/ap/fn/5774116.html>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/05/13/triarc-plans-job-cuts-at-wendys/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1193750/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/05/13/triarc-plans-job-cuts-at-wendys/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>arbys</category><category>Triarc</category><category>TRY</category><category>WEN</category><category>Wendys</category><dc:creator><![CDATA[Zac Bissonnette]]></dc:creator><pubDate>Tue, 13 May 2008 12:37:00 EST</pubDate></item></channel></rss>
