Tencent buys 10 percent stake in Snap

FAN Editor

NEW YORK (AP) — The Chinese internet company Tencent has acquired a 10 percent stake in Snap, with the social media company struggling to boost user growth. Continue Reading Below Tencent runs the WeChat messaging app, as well as online payment platforms and games. Earlier this year, it bought a […]

Wendy’s misses Street 3Q forecasts

FAN Editor

DUBLIN, Ohio –  Wendy’s Co. (WEN) on Wednesday reported third-quarter profit of $14.3 million. Continue Reading Below The Dublin, Ohio-based company said it had profit of 6 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 9 cents per share. The results missed Wall Street expectations. […]

Down 32% in 2017, What Comes Next for Papa John’s?

FAN Editor

Investors did not take kindly to the disappointing third quarter earnings from Papa John’s International (NASDAQ: PZZA). Diluted earnings per share came in at $0.60, a 5.3% year-over-year increase, on the back of 2.2% revenue growth to $431.7 million. But the most worrisome metric was the paltry 1% North American comparable-store […]