Business

Examining Chipotle Mexican Grill, Inc. (NYSE:CMG)'s track record of earnings

On the sales side, CMG's revenues are expected to retreat to $997.51M versus prior year's Q4 result of $997.51M. The consensus recommendation by Thomson Reuters Analysts is Outperform for RICE and their mean rating for the stock is 1.85 on scale of 1-5.

Business

U.S. announces $8.5bn F35 order

For LRIP 10, the per-plane price of an F-35A model sits at $94.6 million (7.3% reduction from LRIP 9), an F-35B jump-jet model used by the U.S. Marine Corps sits at $122.8 million (6.7% reduction from LRIP 9), and an F-35C carrier version is at $121.8 million (7.9% reduction from LRIP 9).

Business

UBS Securities Downgraded Polo Ralph Lauren Corporation (NYSE:RL) To 'Neutral'

Adage Capital Partners GP L.L.C. owned about 0.10% of Ralph Lauren Corporation as of its most recent SEC filing. Ralph Lauren Corporation closed its last trading session at $87.37 with the loss of -12.32%. The company has a 50 day moving average of 89.42 and a 200 day moving average of 99.44. The Market Capitalization of the company stands at 6.3 Billion.

Business

Sterling falls as economic data reveals scale of rising costs

Earlier in the week, survey data showed that Russian manufacturing production grew at the quickest pace for 70 months, amid the fastest increase in new orders in almost six years. "The triple whammy of rising fuel costs, salaries and higher import prices were keenly felt, and these rising costs may have also had an effect on the number of new jobs on offer, reflected in the rate of job creation which was at a five-month low".

Business

Snapchat Spectacles Are Only the Beginning for Snap, Inc

It also talked hard numbers-despite the massive growth, Snap is losing money. Although Spiegel made $2.4 million in 2016 (including a base salary of $500,000)-upon Snap's IPO, his salary will be cut to just $1 per year. Previously, the company filed IPO-related documents with the SEC on a confidential basis. As is the nature of these kinds of filings, Snap has to admit that it "may never achieve or maintain profitability." Hmm.

Business

Riccardo Tisci Has Left Givenchy

As soon as the Italian designer's departure from Givenchy was officially announced, Thursday, February 2, major industry figures instigated an outpouring of tributes to his creativity, skill, and his work at the fashion house. During his time at Givenchy , Mr. Tisci is credited with reinventing the brand by giving its collections more edge. Meryl Streep most recently wore his design to the Golden Globes, where she delivered an impassioned speech, taking aim at Donald Trump.