Wendy’s shares rallied after hours Tuesday as Nelson Peltz’s hedge fund Trian Partners’ disclosed a huge stake in the company and plans for a possible sale.
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The Santa Clara, Calif.-based maker of laboratory instruments reported net income of $274 million, up from $216 million in the same period a year earlier.
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The firm is resolving allegations that it didn't ensure that a subadvisor was conducting the ESG quality review that investors were promised.
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