On Tuesday, Wendys Co (NASDAQ:WEN)’s shares declined -2.51% to $8.56.
Setting a new tone in the quick-service restaurant space, Wendy’s® is shifting focus from licensed products to simple, creative play with the introduction of a new Kids’ Meal play platform. In addition, Wendy’s is offering parents a new beverage option for their children by introducing an Honest® Kids brand organic fruit juice drink to the Kids’ Meal.
This fall, Wendy’s Kids’ Meals will feature classic games that many parents will recognize, counting a four-square game, capture-the-flag, kick-the-can, tag, and playground chalk. These playground games will be followed up throughout the year with more fun and interactive activities.
In addition, Wendy’s will be offering Honest Kids’ six fl. oz. Super Fruit Punch Organic Juice Drink in its Kids’ Meal. The beverage, which will be offered exclusively at Wendy’s* until March 1, contains 30% juice and ½ the sugar when contrast with other juice drinks.**
The Wendy’s Company, through its auxiliaries, owns and franchises Wendy’s restaurant system. The company is involved in operating, developing, and franchising a system of quick-service restaurants.
Mosaic Co (NYSE:MOS)’s shares gained 0.26% to $31.04.
In response to current crop nutrient market conditions, primarily related to delayed fertilizer purchases in Brazil and North America, The Mosaic Company (MOS) declared the Company will reduce production in its Potash business by extending maintenance downtime at its Colonsay mine, and maintain planned slower production in its Phosphates business.
Since the Company declared its third quarter guidance on August 4, 2015, domestic and international crop nutrient markets have softened. Currency volatility, lower grain and oilseed prices, political and economic uncertainty, in addition to global equity market declines have adversely influenced market sentiment.
In light of current market sentiment, volumes are lower than predictable, and prices have weakened. Mosaic’s reduced production is predictable to impact per unit costs and segment margins. As a result, the Company has offered the following updates to third quarter guidance:
The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash.
At the end of Tuesday’s trade, Monsanto Company (NYSE:MON)‘s shares surged 0.59% to $83.60.
Monsanto Company (MON) declared the appointment of Patricia Verduin, Ph.D., to the company’s board of directors. Dr. Verduin is vice president and chief technology officer of Colgate-Palmolive Company, a global consumer products company. In her role, she leads the development of Colgate’s products and technologies, counting responsibility for product safety, quality and regulatory matters. She joined Colgate in 2007, first serving as vice president of global research and development before assuming her current role in 2011.
Proceeding to joining Colgate, Dr. Verduin was senior vice president and chief science officer for the Grocery Manufacturers Association, and senior vice president of product quality and development at ConAgra Foods, Inc. She also formerly held a variety of senior technical and operational positions at Nabisco, International Home Foods and Lipton.
Monsanto Company, together with its auxiliaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity.
Honeywell International Inc. (NYSE:HON), ended its Tuesday’s trading session with 1.03% gain, and closed at $92.53.
Honeywell (HON) declared that its new Solstice® refrigerant for supermarket refrigeration has been named a finalist for the R&D 100 Awards, sponsored by R&D Magazine.
Often referred to as the “Oscars of Invention,” the R&D 100 Awards honors the 100 most innovative technologies and services of the past year. Evaluated with Oak Ridge National Laboratory, Solstice N40 (R-448A) refrigerant replaces high-global-warming refrigerants in supermarket applications. It is part of a growing line of Solstice products for applications ranging from auto air conditioning to highly-energy efficient appliance and building insulation, that have significantly lower global warming potential.
Global regulators are increasingly moving to phase out high-global-warming refrigerants and, on July 20, the U.S. Environmental Protection Agency published landmark regulations that will phase out the use of many hydrofluorocarbon (HFC) refrigerants. The new regulation, effective July 2016, will require supermarkets, largest consumers of the HFC refrigerant R-404A in the U.S., to discontinue its use as a retrofit refrigerant. R-404A will also not be permitted for use in new supermarkets starting January 1, 2017.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors; and spare parts, and repair and maintenance services for the aftermarket.
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