Markets
National Pretzel Day: Free Treats At Wetzel's Pretzels & More Epic Deals
Pretzel franchises, including Auntie Anne's are offering deals. As part of that celebration the brand has launched "For the Love of Pretzels", a pretzel-inspired collection of clothing and accessories. Customers who purchase a pretzel at Cumberland Farms can get a free chill zone beverage. It's one of the things you can get for free from 5 p.m.to 10 p.m. [Full Article...]
Subway Closing 500 Restaurants in US Opening 1000 Overseas
Subway disputed published reports that said it will shut down 500 stores, saying that figure was a projection, not a confirmed number. It also closed restaurants in 2016. Greco said Subway had been hurt by fierce competition in the USA, including from a resurgent McDonald's, whose domestic system sales rose 3.4 percent past year, according to data from researcher Technomic. [Full Article...]
Chevron Corp (NYSE:CVX) Institutional Investor Sentiment Trend
Btr Capital Management Inc who had been investing in Chevron Corp for a number of months, seems to be less bullish one the $234.51B market cap company. The firm has a market cap of $197.30 billion, a P/E ratio of 67.58 and a beta of 1.25. After $0.73 actual EPS reported by Chevron Corporation for the previous quarter, Wall Street now forecasts 102.74% EPS growth. [Full Article...]
Keep Your Eyes on This Stock: Carvana Co. (CVNA)
The stock increased 0.03% or $0.35 during the last trading session, hitting $1022.99. Alphabet Inc . has 2.61 million shares volume, 6.38% up from normal. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . The stock grabbed 209 new institutional investments totaling 1,957,672 shares while 69 institutional investors sold out thei... [Full Article...]
Ryzen, Epyc success sees AMD trounce analyst expectations
Lisa Su, the chief executive, told the analysts that the processor sales were "significantly better than seasonality". AMD rolled out its faster Zen-based Ryzen chips a year ago, and now the Zen technology is spreading through the whole product line. [Full Article...]
Anadarko Petroleum Corp (NYSE:APC) Big Money Positioning Change, Sentiment at 0.88
The hedge fund run by John Burbank held 8,753 shares of the oil & gas production company at the end of 2017Q4, valued at $470,000, down from 120,099 at the end of the previous reported quarter. 5 to 10 years. The earnings per share diference is $0.97 or 161.67 % up from last years number. After $0.18 EPS report last quarter, Wall Street now sees 105.56 % EPS growth of Anadarko Petroleum Corporati... [Full Article...]
EU downplays prospect of bespoke Brexit trade deal for banks
Financial institutions are instead hoping for a mutual recognition approach, where the European Union and Britain accept trade with each others' firms, but have been told by the European Union that this was "cherry picking" an agreement. "In spite of these improvements, there are some clear limits to equivalence", he said. Catherine McGuinness, political leader of the City of London , the his... [Full Article...]
Deutsche Bank announces investment bank cuts after sharp profit drop
Deutsche Bank said that the measures would lead to a "significant reduction" in the workforce in the current year. The cuts and weaker-than-expected earnings follow weeks of turmoil at Deutsche Bank, including the ouster of its chief executive, the departure of senior managers and a stream of negative news about its performance. [Full Article...]