Wendy’s International said that its fourth-quarter earnings rose 42 percent from a year ago, as profit margins in its U.S. stores improved despite higher commodity costs. The nation’s third burger chain said it made $14.1 million, or 16 cents per share, for the quarter ended Dec. 30, compared with $3 million, or 3 cents a […]
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Stock markets in the Asia-Pacific region rose Monday after the U.S. stocks closed higher on Friday following Microsoft’s bid for Yahoo. China’s purchase of a large stake in takeover target Rio Tinto also boosted investor sentiment, with the key Shanghai composite index surging more than 5%.
Japan’s Nikkei 225 Stock Average was up 313.46 points at […]
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Data from research firm Morningstar show that over the long term, value stocks have outperformed growth stocks by a significant margin. From 1927 through the end of 2006, value stocks have returned an annualized 12.8% on average, versus 9.1% for growth stocks. Segmented by capitalization levels, small-cap value stocks have returned 14.8% and large-cap value […]
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The central bank of Rwanda has launched its own securities exchange in the country’s capital, Kigali.
“It’s an important achievement which will provide the business community with a second option to financing that is long term and which will inevitably add great value to our economy,” President Kagame said.
The securities exchange is being seen as a […]
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