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Chipotle CEO to step down to Refocus Company

Chipotle CEO to step down to Refocus Company

Chipotle Mexican Grill (NYSE: CMG) announced on Wednesday that co-founder and CEO, Steve Ells will step down from his CEO positions. Ells will remain as executive chairman, but now the fast food Mexican chain restaurant will begin searching for..

Emerson Electric withdraws $29 billion for Rockwell Automation

Emerson Electric withdraws $29 billion for Rockwell Automation

Emerson Electric Co. (NYSE: EMR) announced on Tuesday that it has withdrawn its bid for Rockwell Automation (NYSE: ROK) that was valued you at $29 billion. Emerson offered a proposal to Rockwell on November 16.Emerson offered $225 per share, co..

Kohl's Reported Worse-than-Expected Earnings, Shares Drop

Kohl's Reported Worse-than-Expected Earnings, Shares Drop

Kohl's Corporation (NYSE: KSS) reported worse-than-expected third-quarter earnings on Thursday. The results were influenced by higher costs and hurricanes. Shares of the company dropped 6.9% to $37.97 per share after the announcement.For the thi..

Yum Brands Beats on Third-Quarter Earnings and Revenue

Yum Brands Beats on Third-Quarter Earnings and Revenue

Yum! Brands, Inc. (NYSE: YUM), which owns brands including Pizza Hut, KFC and Taco Bell, announced its third-quarter financial results. Due to the improved performance at Pizza Hut division, both earnings and revenue beat analysts’ previous es..

Ralph Lauren’s Profit Beat Forecasts

Ralph Lauren’s Profit Beat Forecasts

On Thursday, Ralph Lauren (NYSE: RL) reported quarterly revenue and profit that beat Wall Street predictions following sales of their high end clothing at full price as well as keeping a close eye on costs which brought shares up more than 5%. The c..

Sony Predicts Highest Annual Profit

Sony Predicts Highest Annual Profit

On Tuesday, Sony (NYSE: SNE) announced forecasts of highest ever profit this year by restructuring the company and focusing more on gaming and image sensors. Since March of 1998, the company’s earnings have been soaring due to strong sales of ..

Shopify beats Earnings but shares fall after to failing to reassure Growth

Shopify beats Earnings but shares fall after to failing to reassure Growth

Shopify Inc. (NYSE: SHOP) reported its third quarter earnings for fiscal year 2017. The Canadian e-Commerce reported better than expected results, but shares fell by over 13 percent on Tuesday after failing to reassure with its progressive grow..