After an accident in Tennessee involving the third fire in five weeks in a Model S, a safety advocate suggests that United States regulators should check out the luxury electric car. Shares are down by more that 6.5 percent after the reports of the new fire. That follows a 15 percent plunge on Wednesday after the company’s third-quarter results and fourth-quarter outlook shook investors.
The Wendy’s Co. (NASDAQ:WEN): Current price $8.05
Wendy’s intends to review its dividend rate each year, and will also will consider increases. The company’s goal is to examine its dividend rate with its board, and will think about potential increases so long as it continues to attain its long-term earnings growth plan. Besides that, Wendy’s expects to continue opportunistically buying back shares through the $100-million authorization through the end of 2013.
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