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

Loans Help Boost 2Q for USB

U.S. Bancorp USB reported net income of attributable to common shareholders of $1.4 billion, or $0.76 per diluted share, for the second quarter of 2013 compared with $1.3 billion, or $0.71 per diluted share, for the second quarter of 2012. Loans grew 7.4% compared with a year ago, primarily in commercial and residential loans. Low interest rates, primarily in investment securities, continued to pressure yields … Continue reading Loans Help Boost 2Q for USB

GPC Misses Street EPS Estimate

Genuine Parts Company reported earnings per share of $1.17, $0.04 less than the Street consensus but $0.09 better than year-ago EPS. The Street was expecting better performance from Genuine Parts’ office products and electrical wholesale operations. With the automotive group performing well and our expectation that the industrial and electrical/electronic (EIS) groups should improve as the year progresses, plus the accretion from the Exego acquisition, … Continue reading GPC Misses Street EPS Estimate

Google Plans To Rival WhatsApp

As an effort to compete with Facebook and WhatsApp, Google is rumored to launch free SMS app. Facebook Inc (NASDAQ FB) is striving to take over the mobile messaging market with it’s WhatsApp acquisition, but it may soon have to face serious competition from Google Inc (NASDAQ GOOG). According to a report from Economic Times, the search engine giant plans to start it’s own SMS … Continue reading Google Plans To Rival WhatsApp

FWRD 2Q Consolidated Revenue Increased

Forward Air’s FWRD second-quarter consolidated revenue increased 8% but was roughly flat when excluding the addition of TQI, which was acquired in March. The core airport-to-airport business fell 5% from last year, driven by 3% deterioration in total yield and a low-single-digit fall in tonnage. A large portion of the revenue decline relates to a previously announced customer loss ($6 million impact). Forward Air Solutions … Continue reading FWRD 2Q Consolidated Revenue Increased

Using Smartphones, the Smart Way in Classrooms

Using Smartphones in the Classroom seems to be a certain win-win for both the students as well as the teacher. The smartphones make a strong case for a device which is technologically superior, accessible as well as adaptable to the role prescribed. Therefore it does sound right if smartphones are constructively used in the classrooms for a variety of academic reasons. The potential of smartphones, … Continue reading Using Smartphones, the Smart Way in Classrooms