1137 days ago
Sales on third-party food-delivery services are more than double what they were prior to the pandemic, with levels of demand staying high, according to an analysis of credit- and debit-card data from Earnest Research. DoorDash, Uber Eats and Grubhub have registered the biggest growth, though smaller delivery companies such as Chowbus and Ritual Technologies Inc. logged year-over-year increases in December and January, the data shows. Source: WSJ
1140 days ago
Shareholders were dissatisfied, as Danone underperformed its competitors like Unilever and Nestlé in the past 5 years. As part of the plan, €1 billion of costs to be cut by 2023, restructuring of the production line and the sale of underperforming businesses and brands. A more detailed plan will be be presented on March 25.
1140 days ago
Roku reported surprise net income per share of 49 cents in the fourth quarter on revenue of $649.9 million. The average analyst estimate was a loss of 3 cents and revenue of $616.8 million. The company added 14.3 million active accounts, for a total of 51.2 million, matching preliminary data for the quarter released last month. Shares of Roku have roughly doubled since early November, when it reported third-quarter results. Source: Bloomberg
1140 days ago
Read our blog from Feb 8 for more details: Should I buy oil stocks now?
1140 days ago
In the last six months alone, the apparel maker has contributed more than 1,600 points to the Nikkei 225, single-handedly responsible for nearly a quarter of the index’s 31% gain in that time. The shares briefly touched a record high Friday morning before ending the day 2.4% lower, contributing nearly half of the Nikkei’s 0.7% drop. Source: Yahoo
