• Chipotle Looking For New Chief Executive

    Chipotle Looking For New Chief Executive

    Finance

    Ells has held or shared the chief executive's role since founding Chipotle in 1993, attracting investment from McDonald's Corp before taking it public in a blockbuster 2006 stock market launch. Chipotle said it had formed a search committee comprised of directors Robin Hickenlooper and Pershing Square's Namvar, as well as Ells, to identify a new CEO.
  • Croatia's economy climbs 3.3 percent year-on-year

    Croatia's economy climbs 3.3 percent year-on-year

    Finance

    Real GDP growth has been nudged up from its advance estimate for the third quarter from last month of 3.0 percent. During the first quarter of this year, the rate of expansion was 2.6 percent. The quarterly increase in consumer spending on services, a key driver of the U.S. economy, was also unrevised at 1.5 percent, its lowest level in four years.
  • London Stock Exchange CEO Xavier Rolet to Resign Immediately

    London Stock Exchange CEO Xavier Rolet to Resign Immediately

    Finance

    Xavier Rolet has said he will "not be returning to the office of CEO or director under any circumstances". The dispute surrounding Rolet's departure from the chief executive position flared up after the LSE board announced a succession plan, but failed to give a satisfactory answer regarding Rolet's reasons for leaving.
  • Amazon says Cyber Monday 2017 was its biggest shopping day ever

    Amazon says Cyber Monday 2017 was its biggest shopping day ever

    Finance

    Amazon .com have just announced that a record holiday shopping weekend for Amazon devices stating that millions of Alexa Devices were purchased. Amazon hasn't released exact sales figures for the holiday weekend, but so far this year's Cyber Monday is estimated to have been the biggest online shopping day in history , according to analysis from Adobe .
  • Automation could kill 73 million U.S. jobs by 2030

    Automation could kill 73 million U.S. jobs by 2030

    Finance

    The study concludes that between 0% and 33% of work activities could be displaced on or before 2030. The U.S. and other advanced economies that have wages which are higher, are more vulnerable to labor saving technology being adopted. It could also boost productivity as they expect these jobs to be more highly skilled. The biggest challenge, Lund says, will be retraining millions of workers midcareer.
  • Auris Medical Holding AG (EARS) EPS Estimated At $

    Auris Medical Holding AG (EARS) EPS Estimated At $

    Finance

    If RVOL is above 2 it is In Play and this is more evidence Investors ought to be in the name. Traditional interpretation and usage of the RSI is that RSI values of 70 or above indicate that a security is becoming overbought or overvalued, and therefore may be primed for a trend reversal or corrective pullback in price.
  • Are Analysts Bullish Pure Storage Inc (NYSE:PSTG) After Last Week?

    Are Analysts Bullish Pure Storage Inc (NYSE:PSTG) After Last Week?

    Finance

    Finally, Marcus Capital LLC increased its stake in shares of Pure Storage by 57.6% during the second quarter. Finally, Verition Fund Management LLC bought a new position in Pure Storage in the 2nd quarter valued at $184,000. Following the completion of the sale, the president now directly owns 215,190 shares of the company's stock, valued at approximately $3,154,685.40. The disclosure for this sale can be found here.
  • Uber's losses widen as SoftBank launches bid to buy shares

    Uber's losses widen as SoftBank launches bid to buy shares

    Finance

    Uber Technologies Inc .'s third quarter loss widened to $1.46 billion, coinciding with a SoftBank-led consortium's bid to buy a large block of the ride-hailing company's stock. Last week, Uber also disclosed that it had covered a security breach that had compromised the personal data of 57 million rider and driver accounts. On the other hand, it's rival Lyft Inc ., has been gaining market share as well as customer approval.
  • Arby's to acquire Buffalo Wild Wings

    Arby's to acquire Buffalo Wild Wings

    Finance

    Under the terms, Buffalo Wild Wings will become a closely held subsidiary of Arby's and will continue to operate as an independent brand, the companies said. The firm has a market capitalization of $2.46 billion, a P/E ratio of 33.04 and a beta of 0.96. Fast-food chain Arby's Restaurant Group said Tuesday that it reached a deal to acquire Buffalo Wild Wings , which promotes the slogan "wings, beer, sports" in its advertisements, for $2.4 billion in cash.
  • Analyst Ratings and Financial Health of Tiffany & Co. (NYSE:TIF)

    Analyst Ratings and Financial Health of Tiffany & Co. (NYSE:TIF)

    Finance

    The security's Schaeffer's put/call open interest ratio (SOIR) of 1.16 ranks in the 86th percentile of its annual range, pointing toward an unusual put-skew among near-term options traders. RBC Capital Markets initiated the stock with "Sector Perform" rating in Thursday, September 10 report. Ten research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock .
  • Jet Airways gains 2 pc after tie up with Air France-KLM

    Jet Airways gains 2 pc after tie up with Air France-KLM

    Finance

    Jet Airways entered into a metal neutrality pact with Air France and Dutch Airlines for further strengthening operations between India and Europe and predicted the grand alliance would enable an addition of United States dollars one billion in the revenue of alliance partners.