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BUSINESS
April 11, 2001
* Harvard Bioscience Inc. may continue to use its name despite the objections of Harvard University, a federal judge has decided. In denying the university's request for a preliminary injunction to bar the company's use of the name, U.S. District Judge Richard Stearns directed the company to avoid using the Harvard name in the crimson color or in a font similar to that used by the university. Shares of Harvard Bioscience, based in Holliston, Mass., rose 15 cents to close at $6.05 on Nasdaq.
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BUSINESS
April 11, 2001
* Harvard Bioscience Inc. may continue to use its name despite the objections of Harvard University, a federal judge has decided. In denying the university's request for a preliminary injunction to bar the company's use of the name, U.S. District Judge Richard Stearns directed the company to avoid using the Harvard name in the crimson color or in a font similar to that used by the university. Shares of Harvard Bioscience, based in Holliston, Mass., rose 15 cents to close at $6.05 on Nasdaq.
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BUSINESS
February 28, 2008 | From Times Wire Services
Shares of IHOP Corp. rose after the largest U.S. pancake-house chain forecast sales growth for its Applebee's and namesake restaurants. The company projected that sales for locations open at least 18 months would rise 2% to 4% in 2008 for IHOP and 1% to 2% for Applebee's, which it acquired last year. The forecast comes as several casual-restaurant chains such as Ruby Tuesday Inc. and California Pizza Kitchen Inc. have been hurt as sales declined because of a weaker economy and higher gasoline prices.
BUSINESS
April 10, 2008 | From Bloomberg News
CKE Restaurants Inc., whose stock for the last 10 months has had all the appeal of yesterday's fast food, is making its biggest shareholders salivate over a rebound inspired by a Carl's Jr. hamburger. Carpinteria, Calif.-based CKE, which aims to be a cheaper alternative to Ruby Tuesday Inc. and IHOP Corp.'s Applebee's, can benefit from this "trading down" without having to cut prices to compete with McDonald's Corp., said Dick Pickup, an independent investor in Newport Beach who is the company's biggest shareholder.
BUSINESS
January 19, 1999 | From Bloomberg News
A new taco with a soft shell and TV commercials starring a talking Chihuahua are bringing customers back to Irvine-based Taco Bell Corp. and parent Tricon Global Restaurants Inc. Indeed, snazzier advertisements, innovative menu items and renovated buildings are breathing new life into sales and earnings at several older chains, including Tricon, McDonald's Corp. and Brinker International Inc., the parent of Chili's.
BUSINESS
July 25, 2004 | Julie Tamaki, Times Staff Writer
There's at least one clear beneficiary of the low-carb craze, with its bun-free burgers and thinner-crust pizzas: restaurants that have figured out that people will pay the same for less. The lettuce-wrapped Low Carb Six Dollar Burger, for example, is the hottest-selling sandwich in the Carl's Jr. premium-burger lineup. And it costs $3.99, the same as the Original Six Dollar Burger with the bun, which sports 55 more grams of carbohydrates than its counterpart.
BUSINESS
September 26, 2004 | Julie Tamaki, Times Staff Writer
Researchers contend that trans fat -- coveted by cooks for boosting the shelf life and texture of foods -- increases the chance of heart disease. Now it's also giving the restaurant industry higher blood pressure. The Food and Drug Administration, prompted by a consumer advocacy group, is considering whether to force restaurants to place notices in menus or on signs if they are using partially hydrogenated vegetable oil, the trans-fatty-acid-laden ingredient in many fried foods.
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