Chipotle Mexican Grill, Inc. CMG 1.98%’s stock has been hit hard by an E. coli outbreak at the company’s restaurants in recent months. While there’s no question that an outbreak like this one is bad news for any restaurant business, the numbers show that Chipotle’s stock may have been on the verge of a downturn…
In a new report, Barclays analyst David Anderson discussed the firm’s increasingly bearish outlook for offshore drillers. The firm has issued another aggressive round of price target cuts ahead of Q4 earnings season.
Fintech had a big year in 2015 and it’s showing no signs of slowing down. Here’s a look at seven fintech startups that could be making an even bigger splash in 2016.
The latest data from Ticker Tags shows that the E. coli scare at Chipotle Mexican Grill, Inc. CMG 1.98% may have created a market share opportunity for rival Qdoba and parent company Jack in the Box Inc. JACK 1.02%.
Oil bull Boone Pickens told CNBC this week that the oil market has finally hit its bottom for this cycle and WTI crude prices should recover to at least $52/bbl by the end of 2016. Pickens, the founder of energy-focused BP Capital Management, said that oil’s recent dip to just above $26/bbl is the lowest…
In a new report, Credit Suisse analyst Dan Galves discussed struggling auto stocks. Despite a record-setting 2015, Credit Suisse is projecting flat SAAR for the auto industry this year.
According to the University of Macau economics professor Fung Kwan, the city’s economy will shrink by 13.6 percent in 2016.
According to data released by the Macao Gaming Inspection and Coordination Bureau, gaming revenue in the month of January came in at 18.6 billion patacas, about 21.4 percent lower than January 2015’s number.
After a horrible couple of years for the Macau gaming economy and the Chinese economy as a whole, shares of casino operator Las Vegas Sands Corp. (LVS) stock are now down more than 50% from their post-crisis highs in early 2014. Headed into 2016, the Macau government corruption crackdown and the possibility of a city-wide…
The Federal Reserve has finally pulled the trigger on its highly-anticipated first interest rate hike of the new tightening cycle. Although it’s unlikely that the conservative 0.25% hike will have a huge immediate impact on the financial world in itself, the implication that the recent hike will be one of a string of upcoming hikes…