US Foods the Second Highest IPO of the Year
US Foods has entered the market with this year’s second largest initial public offering (IPO).
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Intuit Raising 2016 Guidance After Strong Tax Season Results
Intuit Inc. (NASDAQ: INTU) has released its earnings for the third quarter of its fiscal year 2016. As this company is so dependent upon tax filing software sales and services around TurboTax, this quarter…
New York Sues Domino’s for Wage Theft
New York State Attorney General Eric T. Schneiderman on Tuesday announced a lawsuit against Domino's Pizza and certain affiliates and franchisees alleging that they had underpaid workers.
KBR Buys Government Contractor Wyle for $570 Million
KBR announced Monday morning that it has reached a definitive agreement to acquire privately held Wyle for $570 million.
Yum Authorizes Huge Share Repurchase Plan
Yum! Brands announced that its board of directors has authorized a repurchase program for up to $4.2 billion in additional shares of common stock, while also announcing a quarterly dividend of $0.46 per share.
How Analysts View Salesforce After Earnings
When Salesforce.com announced its earnings, investors were excited that it has raised fiscal 2017 guidance. Analysts hiked their price targets for this stock.
US Foods Gets Closer to IPO
U.S. Foods intends to price more than 44 million shares in an expected price range of $21 to $24 for an initial public offering valued up to more than $1 billion.
How Average Student Loan Debt Is Much Lower in California Than New York
The burden of student debt is reaching epic proportions in the United States. This trend has grown in recent years and is expected to continue in the years ahead.
What to Expect From Salesforce Earnings
Salesforce.com is scheduled to report its most recent financial results after the markets close on Wednesday.
Starbucks Issues $500 Million Note for Sustainability Projects
Starbucks on Monday announced that it had closed what it said it is the first corporate sustainability bond issued in the United States.
Performance Food Group Files for Secondary Offering
Performance Food Group is planning to sell 12 million shares in a secondary offering valued up to nearly $360 million.
China Online Education Files for IPO
China Online Education Group has filed with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO).
How Shake Shack Crushed This Earnings Report
Shake Shack Inc. (NYSE: SHAK) reported first-quarter financial results after the markets closed on Thursday. The company had $0.08 in earnings per share (EPS) on $54 million in revenue compared to consensus estimates from…
Jack in the Box Rises on Solid Earnings Beat
Jack in the Box reported better-than-expected fiscal second-quarter financial results after the markets closed on Wednesday.
Lower Q2 Guidance Trumps Wendy’s Profit, Revenue Beats
Wendy's shares rose in the premarket session because the company beat consensus estimates on both profit and revenues. The upbeat tone didn't last long, though.