Chipotle earnings: Digital ordering could be the next step in the company’s turnaround

Chipotle Mexican Grill Inc. is expected to report fourth-quarter earnings on Thur
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 Coach upgraded after it cuts down on discounts, sells more full-priced handbags

Coach Inc. is doing what a lot of companies across the retail space wish they co
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 Bank of England sees stronger U.K. growth, but stays neutral on interest-rate outlook

The Bank of England sharply lifted its U.K. growth forecast in its inflation report out on “Super Thursday,” but signaled it’s in no rush to raise interest rates as the country’s Brexit negotiations are about to kick off.

The bank said it now expects gross domestic product to rise by 2% in 2017, an upgrade from the 1.4% it forecast in its November inflation report. For 2018, the policy makers expect growth of 1.6% compared with the 1.5% predicted earlier.

“The upgraded outlook over the forecast period reflects the fiscal stimulus announced in the Chancellor’s Autumn Stateme
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 Dan Loeb’s playbook for investment home runs in the Trump era

It certainly feels like Groundhog Day — the movie about a TV personality who does the same thing over and over.

Donald Trump has yet again made lots of people angry, including those famously laid-back Australians. Meanwhile, investors continue to scratch their heads over how to play the new state of affairs.

Fresh off a disappointing 2016, hedge-fund manager Dan Loeb is explaining how he’s got it figured out now. He provides our call of the day.

“While America may or may not be made great again, there is no question that the rules are literally being r
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Uber stops its ride-hailing service in Taiwan
2017-02-02 05:18 • MarketWatch
 Uber stops its ride-hailing service in Taiwan

Months after selling its ride-hailing services in mainland China, Uber Technologies Inc. said Thursday it will halt its services in Taiwan due to an escalating dispute with the government over the legality of its operations.

Uber, which entered Taiwan four years ago, said the move to halt its operations effective Feb. 10 is a bid to “reset the conversation” with the Taiwanese government, which has ordered Uber to pay $4.25 million in back taxes and fines for what the government deems an illegal car-hailing service.

Taiwan’s Investment Commission said Thursday the government r
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 Overworked Americans are stuck in a financial groundhog day

The more hours we work, the less money we appear to have.

Does today feel a bit like yesterday, and the day before
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White House denies easing sanctions on Russia
2017-02-02 02:57 • MarketWatch

The Treasury Department is not easing sanctions on Russia, White House spokesman Sean Spicer said Thursday. The Treasury Department released a document showing some information technology products and services can now be sold to Russia's intelligence agency. But at the daily White House briefing, Spicer said there was a misunderstanding. "We are not easing sanctions," he said. "From what I understand, it is a regular course of action that Treasury does quite often when there are sanctions imposed," he said. Treasury often goes back and makes carveouts for certain products and services
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The Russian ruble and its stock market jumped on Thursday after media reports that the Treasury Department would ease sanctions on Russia's intelligence agency. The dollar fell more than 2% against the ruble after the initial reports, but soon recovered some of that decline after President Donald Trump's press secretary Sean Spicer denied that sanctions had been lifted. Still, the greenback USDRUB, -0.0792% was off 1.5% at 59.18 ru
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U.S. stocks closed little changed Thursday following a session weighed by concerns over President Donald Trump's latest overtures to foreign leaders. The Dow Jones Industrial Average DJIA, -0.03% fell 6.03 points to finish at 19,884.91, with shares of UnitedHealth Group Inc. UNH, -1.20% and Boeing Co. [Full Story...]

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Snapchat parent Snap files to go public
2017-02-02 02:57 • MarketWatch

Snapchat parent Snap Inc. filed to go public Thursday. The social media company reported revenue of $404.5 million for the year-ended Dec. 31, 2016, up from $58.7 million in the previous year. Snap reported net losses of $514.6 million for 2016, compared to a net loss of $372.9 million in the year-earlier period. It reported global average revenue per user in the three months ended Dec. 31, 2016 of $1.05, up from 31 cents in the year-earlier period. The company said it has an average of 158 million daily users, with 2.5 million "snaps" made a day. The company plans to list on the New York
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Chipotle Mexican Grill Inc. CMG, +0.73% shares declined in the extended session Thursday after the burrito chain's quarterly earnings fell short of Wall Street targets. Chipotle shares declined 3.6% to $408.21 after hours. The company reported fourth-quarter earnings of 55 cents a share on revenue of $1.03 billion. Analysts surveyed by FactSet had estimated earnings of 56 cents a share on revenue of $1.04 billion.


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Uber Chief Executive Travis Kalanick is stepping down from President Donald Trump's business advisory council, according to news reports. Kalanick's position on the council had been criticized by users, leading to a call to boycott the service, and by his drivers, who called for him to leave the council, following Trump's immigration ban. Kalanick had said he wanted to bring immigration concerns to the president when the council met Friday. The New York Times and Recode reported the news.


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Is this the most unhealthy state in America?
2017-02-01 11:13 • MarketWatch
 Is this the most unhealthy state in America?

West Virginia, a new study suggests, is the most unhealthy state in the nation.

That’s according to a well-being index released Wednesday by polling organization Gallup and health care company Healthways, which asked nearly 180,000 people across all 50 states about the following five things: Purpose: do you like what you do each day and are you motivated to achieve your goals? Social: do you have supportive relationships and love in your life? Financial: do you manage your economic life to reduce stress and increase security? Community: do you like where you live, feel safe and have
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Apple trader loses massive bet... or did he?
2017-02-01 11:13 • MarketWatch
 Apple trader loses massive bet... or did he?

Well, either it was an elaborate ruse perfectly crafted for the fake news age, or there’s some furry Canadian out there licking his wounds after getting caught on the wrong side of an extremely ill-timed Apple AAPL, +6.86%  trade.

Regardless, it made for great internet.

It all started a few days ago with a 5,000-word explanation by a guy named F.S. Comeau that detailed how he was risking hundreds of thousands of dollars in hopes of making m
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Very informative
05-03 04:23 by Liam
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