Author: John Meady

Analysis, BioTech, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Global Equity, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

PBOC Announces Elimination of the Original Lending Rate Floor

The People’s Bank of China (PBOC) announced the elimination of the original lending rate floor of 30% discount to benchmark, allowing banks to lend at any discount to benchmark lending rates as they see fit. The PBOC scrapped the cap on lending rates in 2004, and this move will fully liberalize lending rates for banks. Greater pricing flexibility will enable the banks to retain their … Continue reading PBOC Announces Elimination of the Original Lending Rate Floor

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Analysis, BioTech, Commodities, Diversified Tech, Finance, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

Comparable Sales Look Good For Chipotle

Chipotle saw a nice sequential uptick in comparable restaurant sales during the second quarter, with much of the 5.5% increase stemming from ongoing peak-hour traffic throughput efforts as well as greater call-to-action marketing. Entering the quarter, there were concerns that competitive pressures (emergent fast-casual restaurant competition and more aggressive promotional activity from traditional quick-service and casual-dining players) might neutralize some of the throughput and marketing … Continue reading Comparable Sales Look Good For Chipotle

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Finance

Stocks to Watch : Jiayuan.com International Ltd. (NASDAQ:DATE), JetBlue Airways Corporation (NASDAQ:JBLU), Avago Technologies Limited (NASDAQ:AVGO), GG, International Business Machines Corporation (NYSE:IBM)

On Sept. 29, Jiayuan.com International Ltd. (NASDAQ:DATE) announced that its Board of Directors has declared a special one-time cash dividend of US$0.4467 per ordinary share, or US$0.67 per American Depositary Share (“ADS”). Jiayuan.com International Ltd. (NASDAQ:DATE) belongs to Technology sector. Its net profit margin is 7.50% and weekly performance is 14.79%. On last trading day company shares ended up $6.52. Jiayuan.com International Ltd. (NASDAQ:DATE) distance … Continue reading Stocks to Watch : Jiayuan.com International Ltd. (NASDAQ:DATE), JetBlue Airways Corporation (NASDAQ:JBLU), Avago Technologies Limited (NASDAQ:AVGO), GG, International Business Machines Corporation (NYSE:IBM)

John Meady