Chipotle Mexican Grill (CMG) Earnings Beat Has Stock Soaring

Chipotle Mexican Grill CMG

Chipotle Mexican Grill (CMG) stock soared to a new 52 week high after the company’s second quarter results handily beat analysts’ consensus estimates and it raised its fiscal 2014 comparable restaurant sales outlook. At the midday hour shares are up 13% to $667.14 or $77.21 a share. Volume is very heavy with 1.4 million shares […]

Investors Banking On Netflix (NFLX) To Gain New Subscribers

NETFLIX Earnings

Investors are waiting for Netflix (NFLX) to report second-quarter earnings on Monday, but more than that they wait in nervous anticipation for the number of new subscribers the online video-streaming company has added. Analysts are expect Netflix (NFLX) will earn $1.14 a share compared with 49 cents a share during the same period a year […]

Florida Jury Slaps R.J. Reynolds With $23 Billion in Damages

Wrongful death judgment

The widow of a Florida man who died of lung cancer 18 years ago has been awarded $23 billion in punitive damages in a trial against the R.J. Reynolds Tobacco Company, the nation’s second-biggest cigarette maker. It is not the first time a jury has voted against big tobacco companies in Florida. The U.S. Supreme Court […]

IBM Partnership With Apple Good For Stockholders

IBM

IBM shares are on the rise after the company announced an exclusive partnership with Apple (APPL) to transform enterprise mobility through a new class of business apps. In pre-market activity IBM (IBM) shares are up 2% . The stock closed at $188.40 yesterday on slightly higher than normal volume. Apple’s stock rose 1.6% in after-hours trading following […]

Hershey’s Increases Prices: Kisses Will Cost a Little More

hersheys kisses

If you are having a chocolate craving you will be shelling out more money to get your fix, starting Tuesday. Chocolate from Hershey’s now costs 8% more. This means that those Hershey’s Kisses, Kit Kats and Reese’s Peanut Butter Cups are an even more expensive guilty pleasure. The company said that the price increase was […]

Aronia Berry: New Superfood “Choking” Competition

Aronia Berry

A new superfood is making a name for itself, a new name. Formerly known as the common chokeberry, the Aronia berry is taking its place along side other superfoods like blueberries, acai berries and goji berries is working its way in the aisles of mainstream grocery stores all across the United States.  Andrew Pittz, 28, is the driving […]

Tobacco Companies Reynolds, Lorillard Talk Merger

tobacco merger

For the tobacco industry, changes may be on the way, and two big companies may become one giant of a company.  The companies responsible for Camel and Newport cigarettes say they are talking about combining two of the oldest and biggest tobacco companies in the country. A merger between Lorillard Inc and Reynolds American Inc could […]