After a seven-month run that took Apple shares to an all-time high in late September, the company’s stock plummeted more than 25% and touched new lows as 2012 drew to an end. According to Topeka Capital Markets analyst Brian White, Apple’s strong portfolio, a reversal of the negative news trend surrounding the company, and a fresh new “iPhone5S”  will help the stock rebound in 2013, and he maintains a Buy rating on Apple shares with a sky-high price target of $1,111. “Apple is our top overall pick for 2013,” White wrote in a note to investors on Wednesday that discussed Topeka’s stock picks moving into the new year. “With the 25% correction in Apple’s stock from the high in September, the stock is now trading at just 7.7x our CY13 EPS estimate (less cash) and the company’s portfolio has never been stronger, in our view.” [Boy Genius Report]

Wendy's moves past '99 cents' with new value menu

The fast-food company known for its Frosty shakes and square burgers is replacing its 99-cent value menu. It's now offering a beefed up array of options called "Right Price Right Size," with items ranging from 99 cents to $1.99. The switch to the "Right Price Right Size" value menu reflects the cost pressures facing fast-food chains. Burger King and McDonald's have already moved past the $1 price point, offering tiered value menus that go up to around $2. [WHEC.com]

Dunkin Donuts: Give A Pint, Get A Pound

Dunkin Donuts and the American Red Cross are kicking off the sixth annual "Give a Pint, Get a Pound" campaign Thursday. The campaign encourages Rochester residents to donate blood during the month of January, which is nationally recognized as Blood Donor month.  During the month, people who donate blood at any American Red Cross blood drive in the greater Rochester area, will receive a coupon for a free pound of Dunkin Donuts coffee.  The American Red Cross says about every two seconds, someone in America needs blood and one donation can save three lives. To make an appointment to donate blood, click here. [WHEC.com]

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