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…
Noble Corp plc (NYSE:NE) was downgraded by equities research analysts at ING Group to a “hold” rating in a research note issued to investors on Thursday. Noble Corp. (NYSE:NE) belongs to Basic Materials sector. Its net profit margin is 19.70% and weekly performance is -12.15%. On last trading day company shares ended up $20.24. Noble…
Equities researchers at Deutsche Bank dropped their target price on shares of Newmont Mining Corp (NYSE:NEM) from $27.00 to $25.00 in a research report issued on Thursday. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target would indicate a potential upside of 8.65% from the stock’s previous close. Newmont Mining…
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Chief Executive Officer Maria das Gracas Foster has told Brazil Finance Minister Guido Mantega, who chairs the state-run oil producer, that it needs at least a 10 percent increase in fuel prices, said a person with direct knowledge of the talks. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) belongs to…
Drugmaker Merck said on Oct 01, that it completed the sale of its consumer care business, which makes products including Claritin allergy medication and Coppertone sun-care line, to German health care company Bayer for $14.2 billion. Merck & Co. Inc. (NYSE:MRK) belongs to Healthcare sector. Its net profit margin is 12.90% and weekly performance is…
On Sep 24, Fifth Third Bancorp (NASDAQ:FITB) has announced the formation of the Payments and Commerce Solutions division. The new division was created to rethink the payment and commerce experience with innovation that delivers greater value to customers. The organization is led by Randy Koporc, executive vice president and head of Fifth Third Payments and…
