Posts From Julie Young
Papa John’s ugly year of turmoil may finally bring shareholders some welcome news: Trian Fund Management, a hedge fund led by activist investor Nelson Peltz, is evaluating a takeover of the pizza chain, the Wall Street Journal reports. The news
If you believe the legend that “may you live in interesting times” is a curse, hold onto your hat. Yesterday U.S. Federal Reserve Chair Jerome Powell said that the U.S. economy’s “historically rare pairing of steady, low inflation and very
The stock of cannabis producer Tilray skyrocketed Wednesday, after the founder’s appearance on Jim Cramer’s Mad Money and news of a U.S. clinical trial. How high? Very, very high. Tilray’s stock briefly touched $ 300 yesterday, with its market cap
WASHINGTON (Reuters) – Top aides to Donald Trump scrambled on Thursday to deny authorship of an anonymous New York Times opinion column that slammed the U.S. president’s leadership style and described “a quiet resistance” to him within his own administration.
Goldman Sachs is dropping its plans to open a trading desk focused on cryptocurrencies, Business Insider reported Wednesday. Previous reports had indicated that Goldman was hoping to set up a trading desk for bitcoin and other cryptocurrencies by the end
The United States and Mexico reached a deal on Monday to replace the North American Free Trade Agreement (NAFTA) and talks with Canada were expected to begin immediately in the hopes of reaching a final agreement by Friday, a senior
Target’s new strategy is paying off big time
Target rode a red hot US economy and a revamped strategy to its best quarter in more than a decade. The company on Wednesday reported that sales at stores open for at least a year increased 6.5%, the fastest pace
Aldi is synonymous with low-cost food staples, canned goods and no frills shopping. But the German grocer is hoping a shift to trendy, natural foods will help it grow its market share in the United States. Last week, it announced
American oil refineries are running full tilt to meet insatiable demand for gasoline and diesel at home and abroad. Refineries processed a record-high 18 million barrels of crude per day in early July, according to government statistics. Full-year refinery activity
Premarket: 5 things to know before the bell
1. Earnings roll on: Newell Brands (NWL), SeaWorld Entertainment (SEAS), Sotheby’s (BID) and Tyson Foods (TSN) will release earnings before the open. Hertz Global(HTZ), Marriott (MAR), Weight Watchers (WTW) and Zillow (ZG) will follow after the close. HSBC(HSBC) reported a