TRISTATE MARKET SPOTLIGHT



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E N Q U I R E R B U S I N E S S C O V E R A G E

TRISTATE MARKET SPOTLIGHT
Delayed openings hurt Wendy's
Friday, November 13, 1998

Shares of Wendy's International Inc. closed down 25 cents at $20.12ī Thursday after touching a two-year low of $18.75.
The drop came after the Dublin, Ohio-based hamburger chain told analysts and shareholders at a special meeting that it was cutting restaurant openings this year and next because of delays in North America and slower economies in Southeast Asia.
Wendy's also is reviewing operations in the United Kingdom and Argentina. Even with scaled-back openings, Wendy's said business is very healthy.

Business Headlines for Friday, November 13, 1998
Chiquita commits to ravaged Honduras
INDUSTRY NOTES: MANUFACTURING
LSI seeks niches
PEOPLE ON THE MOVE
Study: Minorities lag in mortgages
TRISTATE BUSINESS SUMMARY
TRISTATE MARKET SPOTLIGHT
Used Nikes in fashion
www.shopping? Be careful