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“#Domino’s beats Wall Street estimates as dining restrictions ease” Domino’s Pizza on Thursday beat Wall Street’s expectations for quarterly profit and US sales as the fast food chain benefited from easing dining restrictions as well as accelerated vaccine rollouts in the country. Other fast food chains, including Pizza Hut owner Yum Brands, McDonald’s and Chipotle Mexican…
“#Deutsche Bank shares surge after best results in 7 years” Deutsche Bank posted a first-quarter profit of more than $1 billion, marking its best quarterly financial results in seven years. The fat profit is a marked turnaround for a bank that suffered five years of losses and numerous run-ins with regulators. Over the last two…
“#Charles de Vaulx’s apparent suicide rattles Wall Street” A prominent investor’s apparent suicide after his financial empire collapsed is being mourned as a Wall Street tragedy. Shortly before 1 p.m. on Monday, police said, Charles de Vaulx entered the posh Midtown Manhattan tower at 717 Fifth Ave. that had long housed the offices of International…
“#Jamie Dimon forms coalition that aims to hire ex-cons” If you’re struggling to find work because you’re an ex-con, try hitting up Jamie Dimon. The hard-charging chief executive of JPMorgan Chase said this week he is helping launch and co-chair the Second Chance Business Coalition, a group that aims to expand hiring of former criminals….
“#Tesla beats Q1 revenue expectations on strong deliveries” Tesla beat Wall Street expectations for first-quarter revenue on Monday after it posted record deliveries earlier this month for the three-month period on robust demand from China. The company had said it delivered a record 184,800 vehicles globally in the January to March quarter, beating market expectations…
“#Jessica Alba’s Honest targets $1.5 billion valuation in IPO” Jessica Alba’s Honest Co. said Monday it was aiming for a valuation of over $1.5 billion in its initial public offering in the United States. Alba, known for her roles in film “Fantastic Four” and TV series “Dark Angel”, in 2011 co-founded Honest, which touts its…
“#New federal regulations could spur cryptocurrency crash” Ask Wall Street’s C-suite types about cryptocurrencies, and they all admit they’re getting into them one way or another. But keep asking questions, and they’ll tell you something else, too: the market is ripe for a crash. The crypto crash, according to top executives I’ve recently spoken with,…
“#Institutional Investor’s top editors jump to London-based rival” Institutional Investor, the flagship publication of publicly traded Euromoney Institutional Investor PLC, has lost its top two editors to another London-based rival looking to expand its US offerings. Kip McDaniel, the editor-in-chief and chief content officer of Institutional Investor for the past four years, turned in his…
“#Why Wall Street is salivating over the garbage business” Their business is utter trash — and their stocks could soar as a result. Garbage truck companies may soon be all the rage — thanks to a new report making the rounds on Wall Street that’s advising investors not to overlook the waste management sector when…
“#Dogecoin hits new high boosted by DogeDay hashtags” Meme-based cryptocurrency Dogecoin fell on Tuesday after hitting an all-time high in a wild session that saw supporters of the token once considered a parody use hashtags to fuel a rally until it lost steam. Dogecoin ultimately fell 15.4 percent to 33 cents, but during the session…