BRIEFCASE.Byline: - Staff and Wire Services IHOP IHOP International House Of Pancakes (restaurant chain) iHOP Information Hyperlinked Over Proteins IHOP International House of Prayer IHOP International H2O Project IHOP International House of Pain set to build 46 new eateries GLENDALE - IHOP Corp. on Monday announced development agreements for franchisees to build 46 IHOP restaurants over the next 11 years. The agreements provide for the development of new IHOPs in the states of Alabama, Georgia, Hawaii, Illinois, Kansas, Louisiana, New Jersey, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. and Wisconsin. As of the end of the 2005 third quarter, the company's franchise pipeline included signed or optioned commitments for franchisees to develop a total of 377 new IHOP restaurants over the next 11 years. IHOP is finalizing legal agreements for additional franchise development. Drug firms post earnings for Q3 NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Merck & Co. said Monday that its third-quarter profit rose 7 percent as lower costs offset a revenue dip stemming from the loss of sales from Vioxx, the pain reliever the company withdrew last year. Meanwhile, Schering Plough Corp. said its profit more than tripled on strong sales as the company continues to march toward a turnaround. And Berlin-based Schering AG said its third-quarter profits grew 29 percent on stronger sales of its birth-control drug and lowered costs. Merck, which also makes Zocor for high cholesterol Cholesterol, High Definition Cholesterol is a fatty substance found in animal tissue and is an important component to the human body. It is manufactured in the liver and carried throughout the body in the bloodstream. and the osteoporosis treatment Fosamax, reported net income of $1.42 billion, or 65 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. . That beat by 3 cents a share the consensus forecast of analysts surveyed by Thomson Financial Thomson Financial A major provider of information, analytical tools, and consulting services to the financial community. The firm, a division of Thomson Corporation, is best known to investors for its First Call segment, which publishes consensus earnings . Cendant planning split into 4 firms NEW YORK - Cendant Corp., which built itself into a $20 billion conglomerate to please investors, said Monday that it is disbanding into four separate companies. The reason for the split: its unhappy investors. But Wall Street remained grumpy with the company. Shares of Cendant, which owns Century 21 real estate, Ramada ra·ma·da n. Southwestern U.S. 1. a. An open or semienclosed shelter roofed with brush or branches, designed especially to provide shade. b. An open porch or breezeway. 2. hotels, Avis rental cars and Orbitz online travel service, fell $1.32, or 6.6 percent, to close at $18.77 on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , after earlier hitting a new 52-week low of $18.36. Cendant, whose stock price never fully recovered from a 1998 accounting scandal, is the latest conglomerate to decide that its separate businesses are worth more split apart. The moves are a coda to the aggressive corporate buying sprees of the 1990s. Chip maker says profits up for Q3 DALLAS - Texas Instruments Inc. said Monday that profits rose 12 percent in the third quarter on strong sales of chips for mobile phones and electronic devices, but company shares slumped in late trading as investors digested a slightly weaker than expected outlook for fourth-quarter revenue. The largest maker of chips for mobile phones had net income of $631 million, or 38 cents per share, up from $563 million, or 32 cents per share, in the year-earlier period. The results for the latest quarter include a cost of 3 cents per share for expensing stock options. Analysts, who typically exclude such costs from their forecasts, had expected earnings of 40 cents per share, according to a survey by Thomson Financial. |
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