Daily business briefing: Hardee's for sale?

July 25, 2013 

BND

The corporate parent of Hardee's and Carl's Jr. restaurants are looking into putting up the fast-food chains for sale. The St. Louis Business Journal cites a Reuters report that CKE Inc. is working with Goldman Sachs Group Inc. on the early stages of a sale process that could value the company at more than $1.7 billion. For more information, go to http://www.bizjournals.com/stlouis. ...

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The $6.2 million second quarter loss recorded at Build-A-Bear Workshop Inc. is actually a slight improvement from the $7.5 million loss reported in the second quarter of 2012. The St. Louis Business Journal reports that the company's $81.9 million in revenue for the quarter was up 1.9 percent from the $80.4 million reported in the second quarter of 2012. Read more at http://www.bizjournals.com/stlouis. ...

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Demand for aircraft led the surge in orders for U.S. factory goods in June. The Commerce Department reported Thursday that orders for durable goods increased 4.2 percent last month, which followed a 5.2 percent gain in May. Aircraft order jumped 31.4 percent between the last two months. ...

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"Saving should be a priority as soon as possible," said Dean Urbanski, national director of financial advisory services at BMO Harris Financial Advisors, "because the decisions you make now will have a significant impact on how much money you have when your children are ready to head off to college and when you are ready to enjoy your retirement." Urbanski said it all starts with having a specific, strong financial plan that builds toward all your financial goals and working with a financial advisor to help you find the best plan for you. That includes paying off your own student loans in your plan. But if you are concerned you'll have to choose between retirement and college, talk to a financial advisor first. He said having a well-developed plan may help keep you from having to make a choice between retirement and education.

-- Will Buss, BND business writer

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