next year. The fast food restaurant chain said it plans to invest about $20 million in its U.S. locations ahead of the launch. Wendy's said it now expects adjusted earnings per share to decline between 3.5% and 6.5% in 2019. It previously had forecast adjusted earnings per share growth between 3.5% to 7%.shares fell about 3% in extended trade after Moody's downgraded the automaker's debt rating to junk.
" Moody's said Ford's restructuring plans are "expected to extend for several years with $11 billion in charges, and a cash cost of approximately $7 billion." Ford, however, "does have a sound balance sheet and liquidity position from which to operate," said Bruce Clark, senior vice president with Moody's.rose 1% after the fertilizer company announced a buyback of up to $250 million.
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