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Sonic Corp

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BUSINESS
November 6, 2011 | By Andrew Leckey
Question: What has happened to my shares of Sonic Corp.? I expected better results. Answer: A weak economy and its resulting pressure on sales have taken the sizzle out of the stock of the nation's largest drive-in restaurant chain. The investor must decide whether its discounted stock price makes it a tasty investment or foreshadows difficulties ahead. The company is committed to its signature elements: carhop service, humorous TV commercials, frequent new menu items and aggressive special promotions.
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BUSINESS
November 6, 2011 | By Andrew Leckey
Question: What has happened to my shares of Sonic Corp.? I expected better results. Answer: A weak economy and its resulting pressure on sales have taken the sizzle out of the stock of the nation's largest drive-in restaurant chain. The investor must decide whether its discounted stock price makes it a tasty investment or foreshadows difficulties ahead. The company is committed to its signature elements: carhop service, humorous TV commercials, frequent new menu items and aggressive special promotions.
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BUSINESS
December 23, 1997 | BARBARA MURPHY
A detergent manufactured by Smart Sonic Corp. in Newbury Park has been certified as a "clean air solvent" by the South Coast Air Quality Management District. The product, 440-R SMT detergent, is used by the electronics industry to clean solder paste from screens, stencils and other tools used in the assembly of printed circuit boards.
BUSINESS
January 19, 2000 | Karen Kaplan
Computer monitor manufacturer ViewSonic Corp. of Walnut tentatively agreed to buy the monitor-making division of Nokia, the Finnish maker of cellular phones. The companies said they have a letter of intent and hope to complete the deal by the end of January. Terms weren't disclosed.
BUSINESS
April 15, 1997 | GREG JOHNSON
Sonic Corp., which bills itself as the largest chain of drive-in restaurants in the United States, is getting ready to invade Southern California. The chain that bills itself as "America's Drive-In" has three locations in the Golden State, but none in Orange County now. Formerly there were two, in Anaheim and Westminster. The chain, which is headquartered in Oklahoma City, is looking for franchisees but has not said how many locations it plans to open in California.
BUSINESS
November 12, 2002 | From Reuters
Microsoft Corp. said Monday that display maker ViewSonic Corp. will start selling a portable flat-panel screen that can be taken off the desk and used to operate a computer via a wireless link. The Smart Display is Microsoft's latest bid to let people access their computers without being tied to a desk, following the release last week of the Tablet PC.
BUSINESS
November 29, 2000 | Bloomberg News
Investors looking for growth stocks for 2001 are increasingly souring on technology. Some who are looking for better ideas are turning to . . . hamburger chains. Among the hottest stocks of recent weeks have been such burger giants as Jack in the Box (ticker: JBX), Sonic Corp. (SONC) and Wendy's International (WEN).
BUSINESS
July 31, 2000 | Karen Kaplan
ViewSonic Corp., the Walnut-based firm that made its name in the computer monitor business, will unveil its first crop of Internet appliances this week in New York. The company, whose annual monitor sales are topped only by PC makers Dell Computer Corp., Compaq Computer Corp., Gateway Inc. and Hewlett-Packard Co., will introduce five classes of devices Tuesday in conjunction with a major Internet service provider.
BUSINESS
August 16, 2010 | By Nathan Olivarez-Giles, Los Angeles Times
1080p, the maximum image resolution for high-definition television, used to be found only on big-screen models with price tags in the thousands. But 1080p resolution has become so commonplace that it's being offered on models in the low 20-inch range, with prices down to $300. "It has been a big trend over the last year," said Paul Gagnon, an analyst with Display Search. "You used to not see any sub-32-inch sets offered with 1080p resolution. Now about a third of them are. " That sounds great for TV watchers on a budget or with limited space for a set. But there's a catch: On a relatively small screen, the benefits of this resolution level -- which crams 1,080 lines of digital information onto the display -- are minuscule.
BUSINESS
May 27, 1999 | MARC BALLON, TIMES STAFF WRITER
The Johnny Rockets Group Inc., a restaurant chain known for well-lit diners with a jukebox on every table, has tapped a new chief executive officer. Glenn Hemmerle, after little more than two years on the job, suddenly resigned Friday. He has been replaced by Michael R. Shumsky, who has 18 years of management and finance experience in the restaurant industry. Shumsky, a former president of drive-in eateries operator Sonic Corp.
BUSINESS
May 14, 2003 | Alex Pham, Times Staff Writer
Eight years after entering, and then quickly dominating, the intensely competitive video game console market, consumer electronics giant Sony Corp. announced plans Tuesday to challenge rival Nintendo Co.'s control of the multibillion-dollar hand-held games business. With the PSP, set to hit store shelves in late 2004, Sony will enter a field ruled by Nintendo, whose 14-year-old Game Boy has cornered more than 90% of the global market for hand-held games.
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