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Burger King Worldwide Inc

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  • WASHINGTON, Dec 11- Fast food chain Burger King will avoid hundreds of millions of dollars in U.S. taxes if, as planned, it completes its pending buyout of Canadian coffee-and-doughnuts chain Tim Hortons, a tax activist group said on Thursday. In one of the most notable of several corporate tax "inversion" deals this year, Florida- based Burger King announced in late...

  • Dec 9- Yum Brands Inc lowered its profit forecast for the year for the second time, hurt by slower-than-expected sales recovery in China following a food safety scare in July. A television report early July showing improper meat handling by supplier Shanghai Husi Food scared away customers in China, Yum's biggest market by sales. U.S.-based fast-food chains...

  • Sweet! French Toast Crunch has returned Monday, 8 Dec 2014 | 1:08 PM ET
    General Mills' French Toast Crunch cereal.

    General Mills announced the return of the previously discontinued French Toast Crunch, a toast-shaped, maple-flavored cereal.

  • Dec 8- McDonald's Corp on Monday reported a steeper-than-expected drop in global sales at established restaurants in November, hurt by weakness in the United States and Asia, and warned that such results would "significantly pressure" margins in the current quarter. November marked the sixth straight month of worldwide same-restaurant sales declines at...

  • Dec 8- McDonald's Corp reported a steeper-than-expected fall in global same-restaurant sales in November and said current-quarter results would be hurt by the after-effects of a supplier scandal in China and a stronger dollar. The world's largest restaurant chain has been battling competition from Wendy's Co and Burger King Worldwide Inc as well as from...

  • Early movers: CBST, MRK, EBAY, SBUX, INFY & more Monday, 8 Dec 2014 | 7:52 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Early Movers: BIG, DLTR, THI, AAPL, FIVE & more Friday, 5 Dec 2014 | 7:58 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • CHICAGO, Dec 4- Thousands of U.S. fast-food workers and supporters marched in nearly 200 cities around the United States on Thursday including Chicago and Boston to advocate for a $15 minimum wage and other labor rights. About 200 demonstrators marched in downtown Chicago starting near the Rock' N' Roll McDonald's, the largest in the city, chanting "We can't...

  • CHICAGO, Dec 4- U.S. fast-food workers and supporters marched for higher pay in Chicago, Milwaukee and Boston on Thursday as demonstrations advocating for a $15 minimum wage and other labor rights in about 190 cities began around the United States. About 200 demonstrators marched in downtown Chicago starting near the Rock' N' Roll McDonald's, the largest in the...

  • CHICAGO, Dec 4- U.S. fast-food workers and supporters marched for higher pay in Chicago, Milwaukee and Boston on Thursday as demonstrations advocating for a $15 minimum wage and other labor rights planned in at least 160 cities began around the United States. About 200 demonstrators marched in downtown Chicago starting near the Rock' N' Roll McDonald's, the...

  • US STOCKS-Wall St falls at open on ECB comments Thursday, 4 Dec 2014 | 9:40 AM ET

    NEW YORK, Dec 4- U.S. stocks fell on Thursday after European Central Bank president Mario Draghi brushed off pressure to act and said the bank would reassess the impact of its monetary policy stimulus early next year and take further action if necessary. The United States is the main engine for a global economy in slow growth mode, a headwind for U.S. multinationals,...

  • NEW YORK, Dec 4- U.S. stock index futures ticked up on Thursday, with the Dow industrials nearing the 18,000 mark, ahead of news from the European Central Bank on whether it will further ease monetary policy. Dechra Pharmaceuticals recently launched its own treatment for the condition in Britain. *Workers in various industries are expected to stage strikes and...

  • Dec 4- Workers in the fast-food, home care and airline industries are staging protests and strikes throughout the United States on Thursday to advocate for a $15 minimum wage and other labor rights. Workers are expected to stage strikes and walkouts at both fast-food restaurants like McDonald's, Burger King and Wendy's, and major airports like John F. Kennedy...

  • FACTBOX-Recent tax inversion proposals Tuesday, 25 Nov 2014 | 1:19 PM ET

    Medical technology company Medtronic Inc said on Nov. 18 that its plan to acquire and adopt the tax domicile of Ireland's Covidien Plc was on track to close in 2015.. High-tech manufacturer Applied Materials Inc plans to buy Japanese rival Tokyo Electron Ltd and reincorporate in the Netherlands. Burger King Worldwide Inc plans to acquire Canadian coffee and...

  • VANCOUVER, Nov 21- The Canadian government will decide before Dec. 25 on whether to approve the takeover by U.S.-based Burger King Worldwide Inc of Canada's iconic coffee-and-donut Tim Hortons Inc, Industry Minister James Moore said on Friday. In August, Burger King agreed to buy Tim Hortons in a transaction which would create the world's third-largest...

  • VANCOUVER, Nov 21- The Canadian government will decide before Dec. 25 on whether to approve the takeover by U.S.-based Burger King Worldwide Inc of Canada's iconic coffee-and-donut Tim Hortons Inc, Industry Minister James Moore said on Friday. Canada's Competition Bureau had last month already given its stamp of approval to the C $12.64 billion deal.

  • The White House last week announced Antonio Weiss, a top official at investment bank Lazard, as Obama's choice to be the Treasury's under secretary for domestic finance. An aide to Senator Dick Durbin, the No. 2 Senate Democrat, said the lawmaker opposes Weiss because of Lazard's work advising on recent high-profile inversions. Congress is only in session for a...

  • Wall Street foe Liz Warren rises in DC Friday, 14 Nov 2014 | 11:28 AM ET
    Senator Elizabeth Warren

    Sen. Elizabeth Warren is gaining new powers in D.C. Here's what that means for the GOP, Hillary Clinton and Wall Street. Politicos' Ben White reports.

  • Worldwide sales at restaurants open at least 13 months were down 0.5 percent as the world's biggest fast-food chain continued to fight tough U.S. competition, the after-effects of a supplier scandal in Asia, and economic and political turmoil in Europe. Under Chief Executive Officer Don Thompson, who took the helm in July 2012, the U.S. operation is focusing on...

  • UPDATE 1-McDonald's October same-store sales falls Monday, 10 Nov 2014 | 8:57 AM ET

    Nov 10- McDonald's Corp's sales fell at established restaurants in all regions last month, hurt by stiff competition in the United States and the fallout from a supplier scandal in Japan and China. Diners shunned the chain in China and Japan after a television news expose showed workers mishandling meat at a key supplier in China, and McDonald's scrambled to...