Tuesday, 16 January 2018
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Bill Ackman excited about Chipotle's future as CEO search begins

There's also been a flurry of restaurant mergers this year that have pushed up the prices of most of Chipotle's rivals. Today, Chipotle shares sit at $296. "Bringing in a new CEO is the right thing to do for all our stakeholders". Chipotle has vast unrealized potential. Ells also said that the chain has "vast unrealized potential", and will look at opportunities including digital, menu innovation, delivery, and worldwide expansion. Read More »

Bandit in 'bad wig' robs Bellagio casino in Las Vegas


Local police released a photo of the suspect, showing a man wearing a blond wig, glasses and a black winter hat. The employees complied with the suspect's demands, and he escaped with an "unknown amount of money". Woods said the "excellent staff" were "cool under pressure". "We're very comfortable and confident that we will go ahead and apprehend this individual", Pelletier said. Read More »

Ocado shares soar after it seals Groupe Casino deal


The online grocer has announced a tie-up with with French supermarket giant Groupe Casino. As part of the deal, Casino will build an automated warehouse close to Paris using Ocado's mechanical handling equipment. The online grocery market in France is focused on "Drive" or click and collect rather than direct home delivery, with the latter only accounting for 5 percent of online sales. Read More »

Jet Airways stock rises 2% after tie-up with Air France KLM


The agreement will improve better connectivity via Paris-Charles de Gaulle, Amsterdam-Schiphol as well as Mumbai , New Delhi, Bengaluru and Chennai. Global carriers are increasingly tying up on routes in the face of rising competition. This cooperation was expanded in 2016 with an extensive code-share agreement for connections between Europe and North America and Jet Airways' hubs at Mumbai and Delhi in India via Air France-KLM' hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol, ... Read More »

Record-breaking Cyber Monday sales total $6.59 billion


NRF officials cited strong United States economic data, good weather and an enterprising approach by retailers to discounting both in store and online as factors boosting their continued confidence in the outlook. On Cyber Monday, 49 percent of consumers started shopping early in the morning while 41 percent started in late morning, with 75 percent using their computers at home, 43 percent using a mobile device and 13 percent shopping on computers at work. Read More »

Victoria becomes first Australian state to legalise euthanasia

She said work to bring the scheme into effect in mid-2019 would begin tomorrow. "I'm proud today that we have put compassion right at the centre of our parliamentary and our political process", the ABC reports. They must be over 18 years-of-age, have lived in Victoria for at least 12 months and must be mentally fit to make the decision. He went on to do the same for three other people. Read More »

Canadian charged for hacking Yahoo; heres what happened next


Baratov pleaded guilty to nine counts of conspiring to violate the Computer Fraud and Abuse Act and aggravated identity theft and will be sentenced on February 20 2018 in San Francisco. Andrew Mancilla, Baratov's lawyer, declined to comment. Baratov was arrested in Hamilton, Ontario, and later agreed to forego an extradition hearing and face the USA charges. Read More »

Ohio's deer-gun season opens with more than 22000 deer harvested


The documents could have been purchased as mementos for the youngsters. License sale data suggest fewer hunters were in the woods this year than in 2016. Wisconsin's weeklong gun hunting season for deer ended Sunday; another week and a half season for hunters who use muzzleloaders ends December 6. Read More »

Barracuda Networks Inc (CUDA): Stock to Follow


Morgan Stanley downgraded the stock to "Equal-Weight" rating in Friday, January 8 report. KeyCorp reiterated a buy rating and issued a $30.00 price target on shares of Barracuda Networks in a report on Friday, November 10th. Insiders sold a total of 2,667,559 shares of company stock valued at $65,815,738 in the last three months. 34 funds opened positions while 50 raised stakes. Read More »

Jimmy Garoppolo to start for 49ers Sunday


Shanahan's decision was likely influenced by the health of C.J. Beathard, who sustained a knee contusion and hip strain in the waning minutes of Sunday's loss to the Seahawks. Garoppolo will make his first start as a 49er against a Bears defense that is ranked 12th in the National Football League in total defense, 12th against the pass and 16th against the run. Read More »

Judge rules for Trump over watchdog leadership


Following a hearing Tuesday evening at the US District Court in Washington, DC, Judge Timothy Kelly ruled that he will not issue an emergency order blocking Trump from installing Mulvaney in the post. Kelly, who has been on the bench since only September, is a Trump nominee who previously worked for Senate Judiciary Committee Chairman Chuck Grassley, an Iowa Republican, and also served as a federal prosecutor. Read More »

Judge Grants Waymo's Request To Postpone Trade Secret Trial Against Uber


Waymo on Tuesday secured the delay of a trial against Uber over driverless vehicle technology that had been scheduled to start on December 4. Richard Jacobs, who worked for a now-disbanded corporate surveillance team at Uber, told the judge that stealing trade secrets was part of his former colleagues' mission, along with monitoring information on metrics and incentives for drivers who operate on competitor platforms overseas. Read More »

Arby's is buying Buffalo Wild Wings

The rebound at Arby's has come as diners turn away from so-called casual dining chains like Buffalo Wild Wings , where customers typically sit down and are served by waiters. Buffalo Wild Wings said traditional wings prices rose by 25.6 percent since previous year, and cost the brand $2.16 per pound during the third quarter. Read More »

2 planes clip wings at John F. Kennedy Airport in NYC


The London-bound Virgin aircraft was delayed after it clipped wings with a passing EgyptAir plane as the two taxied on the runway. Flying to London is the Airbus A333 of Virgin Atlantic touched his right wing plane Boeing 777 company EgyptAir ready to be shipped to Cairo. Read More »

Sensex, Nifty Fall In Opening Trade, Pharma Stocks Surge

The 30-scrip Sensitive Index ( Sensex ), was trading 131.97 points or 0.39 per cent lower, while the wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading 43.10 points or 0.41 per cent lower at 10,346.60 points. Equity benchmarks- Sensex and Nifty on Tuesday closed with losses for the first time in 8 days as investors indulged in profit booking in the last hour of trading. Read More »

Cyber Monday 2017 Sets Now Sales Record


This marks a 16.8 percent year-over-year (YoY) increase as of 10:00 p.m. ET, Nov. 28. This stronger-than-expected performance was achieved in spite of a number of factors that could have exerted a negative influence on growth, such as Black Friday occurring before pay day this year, and many retailers launched discounting campaigns in advance of the day itself. Read More »

Give back on Giving Tuesday


Last year, more than $180 million was raised online in just 24 hours in the USA alone-a record. This year, we've set our goal at $110,000 by Christmas for five local nonprofits: Access Carroll, Carroll Hospice, Human Services Programs' Neighbors in Need Year Round, Carroll Food Sunday and The Shepherd's Staff. Read More »

Russian Federation loses contact with satellite hours after launch


The agency was trying to find out what had happened. These satellites belong to scientific, research and commercial companies from Russia, Norway, Sweden, the United States, Japan, Canada and Germany, Roscosmos said. "The program of launches will continue next year - it will grow, increase", Deputy Prime Minister Dmitry Rogozin, who oversees space, told Medvedev on Monday. Read More »

Bank Watch: Stress Tests spotlight on Barclays


For the first time since 2014, when Threadneedle Street conducted its first annual stress tests, the major lenders have not been required by the United Kingdom central bank to raise billions of pounds more of capital to strengthen their finances. Read More »

Active Volume Stock: Exxon Mobil Corporation (XOM)


The company reported revenue of $83.16 Billion in the same period a year ago. Xom now has $343.71B valuation. Return on assets is 3.80% and Return on equity (ROE) is 7.40% while it's Return on Investment (ROI) of 0.60%. Ledyard National Bank & Trust has invested 0.03% in Dana Inc (NYSE:DAN). Schwab Charles Inv Incorporated owns 20.52 million shares or 1.56% of their U.S. Read More »

Analyst Scores Summary: Wells Fargo & Company (WFC), Kinder Morgan, Inc. (KMI)


The Clearbridge Llc holds 2.26 million shares with $125.48M value, down from 2.42 million last quarter. National Pension Service increased Wells Fargo Co New ( WFC ) stake by 10.05% reported in 2017Q2 SEC filing. The firm has "Outperform" rating given on Wednesday, November 2 by Raymond James. The stock has "Buy" rating by Deutsche Bank on Tuesday, September 8. Read More »

Advertisers pull ads from YouTube over predatory kids content


Recently a report from BuzzFeed News has uncovered a rather disturbing trend, which is that there are quite a number of videos on YouTube that have disguised themselves a family-friendly, when in reality they are not. According to the BBC , "there could be up to 100,000 predatory accounts leaving indecent comments on videos". The company had pledged to weed out the videos and comments more proactively in a blog post published last Wednesday. Read More »

Beer on Mars? Budweiser plans to send barley to space


Budweiser will work in partnership with Center for the Advancement of Science in Space (CASIS), the group responsible for managing the ISS U.S. National Laboratory as well as Space Tango. Barley strains will be on board an upcoming cargo supply mission, which is scheduled to launch on Monday (Dec 4) from Cape Canaveral Air Force Station in Florida. Read More »