Nelson Peltz

Triarc shakes up Wendy's management

J. David Karam will replace Kerrii B. Anderson as the burger chain's president. Paste this link into your favorite RSS desktop reader NEW YORK (AP) -- Triarc Cos. Inc., which owns the Arby's fast-food chain and is buying...

Yahoos inevitable settlement with Icahn (at Fortune)

By Yi-Wyn Yen The only thing surprising about the resolution between Yahoo’s board of directors and activist investor Carl Icahn was that it didn’t happen sooner. The proxy campaign that Icahn launched nearly three months ago...

Cadbury confirms Carr as chairman (Financial Times)

By Alistair Gray One of the most influential characters in corporate Britain has taken the helm of Cadbury's board, the confectioner confirmed on Monday. Roger Carr becomes chairman, as expected, after the maker of chocolate...

Wendy's: Takeover by Triarc progressing well (AP)

Friday July 18, 3:18 pm ET Wendy's CEO says company making good progress on plans for takeover by Triarc NEW YORK (AP) -- Wendy's International Inc., the nation's No. 3 hamburger chain, said Friday it is making "good progress"...

Wendy's same-store sales edge up in second quarter

DUBLIN, Ohio (AP) - Wendy's says sales at its company-owned restaurants rose slightly during the second quarter of the year. Same-store sales, or sales at restaurants open at least a year, were up 0.1 percent during April, May...

Nelson Peltz, activist marketer

The job description for a corporate raider is simple: Buy stock in mismanaged companies, and then growl at them until management pays you a lot of money to go away - or you make management go away. Brand reinvention is usually...

Evert-Norman wedding off to a trying start

By Jose Lambiet Palm Beach Post Staff Writer It's only Friday, and the dream wedding weekend that golf legend Greg Norman and his bride-to-be, retired tennis champ Chris Evert, planned in the Bahamas already has turned into a...

Tall Order

Starbucks' chief caffeinista faces penny-pinching customers, a plunging stock price, and competition from Dunkin' Donuts and McDonald's. Early this year, shortly after Schultz had resumed the post of C.E.O. at the company he’d...

COLLISION COURSE

A recent court decision against two deep-pocketed hedge funds trying to shake up the board of railroad giant CSX Corp. has nearly closed the widely used loophole funds employ to ambush companies in order to force change. The...

Quick-Service Looks for Global Growth

From time to time, we like to check back in with our senior restaurant industry analyst, Ann Northrop, CFA, to find out where the strengths and weaknesses within this market are likely to be found in the near term.[More...]