DIRS.INFO The most relevant business & tech news

☆ Domino's and Papa John's shares sink after pizza chains deliver soft sales, outlook
▼ + stars: | 2023-02-23 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +2 min

Domino's Pizza and Papa John's both fell in pre-market trading after reporting mixed earnings on Thursday morning. Domino's missed analyst estimates on U.S. same-store sales and total revenue for the quarter. Domino's reported wavering demand amid a national driver shortage. U.S. company-owned stores reported revenues of $117 million, falling short of StreetAcount estimates of $129.3 million. This month, Domino's launched loaded potato tots with three flavors, which some analysts think could raise sales.

Organizations: & $

☆ Domino's stock tumbles 10% as delivery problems persist
▼ + stars: | 2023-02-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

“We experienced significant pressure on our U.S. delivery business in 2022,” CEO Russell Weiner wrote in a statement discussing financial results Thursday. Domino's said its delivery business struggled last year. “Every day, delivery customers will be deciding where to spend their hard-earned dollars. And it raised the price of its “mix and match” deal for delivery orders, but not carryout. And while staffing has improved somewhat, “there is more work to do on staffing that part of the business,” Weiner said of delivery.

☆ Stocks making the biggest moves midday: Domino's Pizza, Lucid, Nvidia, Nikola and more
▼ + stars: | 2023-02-23 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Lucid Group — The electric vehicle maker tumbled more than 18% after posting fourth-quarter revenue that fell short of analysts' expectations. Mosaic Company — Shares of the fertilizer mineral company added 1.4% on Thursday after Mosaic's quarterly revenue came in higher than expected. The company generated $4.48 billion in revenue, while analysts surveyed by StreetAccount were expecting $4.17 billion revenue. Domino's Pizza , Papa John's International — The pizza chains fell 11% and 7.6%, respectively, after they reported mixed earnings. Nikola — Shares fell more than 7% after Nikola reported quarterly revenue that disappointed analyst expectations.

☆ We had a 40% increase in our commodity costs in 2022, but we see some easing: Papa John's CEO
▼ + stars: | 2023-02-23 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe had a 40% increase in our commodity costs in 2022, but we see some easing: Papa John's CEOMad Money host Jim Cramer interviews Rob Lynch, CEO of Papa John's, after the company announced earnings this morning. Lynch says 2022 was the toughest year of his career.

☆ Stock futures rise on Wednesday evening: Live updates
▼ + stars: | 2023-02-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

S&P 500 futures gained 0.3%, and Nasdaq 100 futures jumped 0.6%. Nasdaq futures got a boost from Nvidia, which rose more than 8% after hours on better-than-expected fourth quarter earnings and revenue. Inflation "remained well above" the Fed's 2% target and the labor market "remained very tight, contributing to continuing upward pressures on wages and prices," according to the minutes. Additionally, Atlanta Fed President Raphael Bostic will speak at an event hosted by the Atlanta Fed Thursday morning. San Francisco Fed President Mary Daly will take part in a fireside chat in the afternoon.

☆ Warren Buffett is missing out on this year’s market comeback
▼ + stars: | 2023-02-19 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

But the Oracle of Omaha has missed out on this year’s stock market rally. Buffett, in fact, has promoted that idea to investors many times, arguing that most individual stock pickers will not be able to beat the market. And to his credit, that usually pays dividends: Berkshire stock was up 3% last year in a down market. “High rates of inflation create a tax on capital that makes much corporate investment unwise,” Buffett said in his 1980 shareholder letter to Berkshire investors. Investors will get several more clues about consumer spending this week when several top retailers report earnings.

☆ Returning pharma CEO has one prescription: M&A
▼ + stars: | 2023-02-17 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

NEW YORK, Feb 17 (Reuters Breakingviews) - Brent Saunders is back in charge of a pharmaceutical company, which usually means one thing: M&A. The buyer, Actavis, appointed Saunders CEO of the combined company. Bausch + Lomb remains a subsidiary of Bausch Health, which owns nearly 90% of the shares. Considering Bausch Health’s stake in Bausch + Lomb is worth more than $5 billion, the implication is that bondholders are in charge. Saunders was CEO of Bausch + Lomb from 2010 until 2013, when it was acquired by Valeant Pharmaceuticals.

☆ Eye-Care Company Bausch + Lomb to Name Brent Saunders CEO
▼ + stars: | 2023-02-15 | by ( Jared S. Hopkins | ) www.wsj.com time to read: 1 min

Brent Saunders is expected to serve in his second stint as the head of Bausch + Lomb. Eye-care company Bausch + Lomb Corp. is expected to name Brent Saunders as chief executive officer and chairman of its board, according to people familiar with the matter. Mr. Saunders would succeed Joseph Papa , who had said last July that he would step down from his roles running the company and serving on its board. The leadership change could be announced as soon as Wednesday, the people said.

☆ Top 10 things the Club is watching in the stock market Wednesday: Retail sales up, stocks dip, Airbnb soars
▼ + stars: | 2023-02-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Retail sales for January came in higher than expected. Remember, retail sales are not adjusted for inflation, which of course remains elevated but growing at a slower rate in recent months. Earnings per share (EPS) of 48 cents versus 25 cents expected. Kraft Heinz (KHC) EPS beats: 85 cents versus 78 cents expected. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

An infant who was recently returned to his mother from an alleged kidnapping died Saturday after being rushed to the hospital. Ky’air Thomas and his twin brother, Kason, were found alive last month after a woman allegedly stole a car with them still inside. The Honda Accord was later found, with Kason inside, abandoned near a Papa John’s restaurant in Indianapolis. After Jackson was arrested, the two women said they went out to eat and spotted the Honda with Kason inside. She was also charged with two counts of kidnapping a minor in the Southern District of Ohio after an indictment earlier this month.

☆ One of the Ohio twin infants — whose abduction last month sparked a public outpouring of support — has died, police said
▼ + stars: | 2023-01-29 | by ( Taylor Ardrey | ) www.businessinsider.com time to read: +3 min

Ky'Air Thomas, one of the twins who were abducted last month, has died, police said. Police said his twin, Kason, was found days later inside the vehicle near a Papa John's in Indianapolis, Insider previously reported. Two women, Mecka Curry and Shyann Delmar were instrumental in helping law enforcement track down the baby and suspect, Nalah Jackson. I'm like in a state of shock for real, I'm devastated, I'm hurt for Momo. I'm hurt for Chaz the father, I'm hurt for Kason his twin brother because he is a twin, but I'm mostly, mostly, mostly, mostly, worried about Wilhelmina," Booker told the news station. "

☆ Here are Wednesday's biggest analyst calls: Tesla, Amazon, Robinhood, Microsoft, Sunrun, Block & more
▼ + stars: | 2023-01-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: BMO downgrades Microsoft to market perform from outperform BMO downgraded the stock after Microsoft's earnings report, noting it has concerns about Azure growth. Bank of America initiates Papa John's as buy Bank of America said the pizza chain stock is attractive and that it sees a return to growth. " Bank of America downgrades Booking Holdings to neutral from buy Bank of America said it sees "less valuation upside" for the online travel booking company. Bank of America downgrades Union Pacific to neutral from buy Bank of America it's concerned about "service and cost pressures" for Union Pacific. Bank of America reiterates Amazon as buy Bank of America said it's standing by its buy rating heading into Amazon earnings, but it's concerned about Amazon Web Services following Microsoft's disappointing quarterly results.

☆ Why McDonald's and Domino's could win a recession, while Starbucks and Burger King could suffer
▼ + stars: | 2023-01-20 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

Some consumers trade down from casual-dining favorites to fast-food chains, analysts said. Analysts predicted what top publicly traded chains could do well with consumers during a recession. Typically during a recession, restaurants feel the pain first. Analysts think McDonald's, Papa Johns, Olive Garden, Taco Bell, Chipotle, and Domino's are set up for success during a recession. Analysts are undecided or mixed on brands like Starbucks, Wendy's, and Cheesecake Factory and how they might fare during a recession.

☆ Diageo to Buy Premium Rum Brand Don Papa
▼ + stars: | 2023-01-17 | by ( Joseph Hoppe | ) www.wsj.com time to read: 1 min

Diageo and other distillers have sought to nudge the rum category upmarket as drinkers show a propensity to pay for pricier booze. Diageo PLC has agreed to buy Don Papa Rum, a high-end dark rum from the Philippines, in a deal worth up to about $473 million, as the liquor giant bids to move further upmarket. The owner of Johnnie Walker whisky and Tanqueray gin will pay 260 million euros, equivalent to $281 million, upfront for Don Papa, with a further potential consideration of up to €177.5 million through to 2028 subject to performance.

☆ Factbox: Golden Globe awards: Full list of nominees
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +7 min

[1/5] Butler poses backstage after receiving the Breakthrough Performance Award at the 34th Annual Palm Springs International Film Festival Awards gala in Palm Springs, California, U.S., January 5, 2023. REUTERS/Mario AnzuoniJan 10 (Reuters) - Hollywood gathers on Tuesday for the 2023 Golden Globes, the first major awards show of the season. After diversity and ethics scandals at the Globes organizer - the Hollywood Foreign Press Association - NBC declined to air the ceremony in 2022, but will broadcast the show this year for its 80th anniversary. The following is the full list of nominees:MOVIESBEST PICTURE-DRAMA“Avatar: The Way of Water”“Elvis”“The Fabelmans”“Tar”“Top Gun: Maverick”BEST PICTURE-MUSICAL OR COMEDY"Babylon"“The Banshees of Inisherin”“Everything Everywhere All at Once”“Glass Onion: A Knives Out Mystery”“Triangle of Sadness”BEST ANIMATED FILM“Guillermo del Toro's Pinocchio”“Inu-Oh”“Marcel the Shell with Shoes On”“Puss in Boots: The Last Wish”“Turning Red”BEST PICTURE-NON-ENGLISH LANGUAGE“All Quiet on the Western Front" (Germany)“Argentina, 1985" (Argentina)“Close" (Belgium)“Decision to Leave" (South Korea)“RRR" (India)BEST ACTRESS, DRAMACate Blanchett, "Tar"Olivia Colman, “Empire of Light”Viola Davis, "The Woman King”Ana de Armas, "Blonde”Michelle Williams, "The Fabelmans”BEST ACTOR, DRAMAAustin Butler, “Elvis”Brendan Fraser, “The Whale”Hugh Jackman, “The Son”Bill Nighy, “Living”Jeremy Pope, “The Inspection”BEST ACTRESS, MUSICAL OR COMEDYLesley Manville, "Mrs. Harris Goes to Paris"Margot Robbie, “Babylon”Anya Taylor-Joy, “The Menu”Emma Thompson, “Good Luck to You, Leo Grande”Michelle Yeoh, “Everything Everywhere All at Once”BEST ACTOR, MUSICAL OR COMEDYDiego Calva, “Babylon”Daniel Craig, “Glass Onion: A Knives Out Mystery”Adam Driver, “White Noise”Colin Farrell, “The Banshees of Inisherin”Ralph Fiennes, “The Menu”BEST SUPPORTING ACTRESSAngela Bassett, “Black Panther: Wakanda Forever”Kerry Condon, “The Banshees of Inisherin”Jamie Lee Curtis, “Everything Everywhere All at Once”Dolly De Leon, “Triangle of Sadness”Carey Mulligan, “She Said”BEST SUPPORTING ACTORBrendan Gleeson, “The Banshees of Inisherin”Barry Keoghan, “The Banshees of Inisherin”Brad Pitt, “Babylon”Ke Huy Quan, “Everything Everywhere All at Once”Eddie Redmayne, “The Good Nurse”BEST DIRECTORJames Cameron, “Avatar: The Way of Water”Daniel Kwan and Daniel Scheinert, “Everything Everywhere All at Once”Baz Luhrmann, “Elvis”Martin McDonagh, “The Banshees of Inisherin”Steven Spielberg, “The Fabelmans”BEST SCREENPLAY“The Banshees of Inisherin,” Martin McDonagh“Everything Everywhere All at Once,” Daniel Kwan, Daniel Scheinert“The Fabelmans,” Steven Spielberg, Tony Kushner“Tar,” Todd Field“Women Talking,” Sarah PolleyBEST ORIGINAL SCORE“Babylon,” Justin Hurwitz“The Banshees of Inisherin,” Carter Burwell“The Fabelmans,” John Williams“Guillermo del Toro's Pinocchio,” Alexandre Desplat“Women Talking,” Hildur GuðnadóttirBEST ORIGINAL SONG“Lift Me Up” by Tems, Ludwig Göransson, Rihanna and Ryan Coogler (“Black Panther: Wakanda Forever”)“Ciao Papa” by Alexandre Desplat, Roeban Katz, Guillermo del Toro (“Guillermo del Toro's Pinocchio”)“Naatu Naatu” by Kala Bhairava, M.M. Keeravani, Rahul Sipligunj (“RRR")“Hold My Hand” by Lady Gaga, BloodPop, Benjamin Rice (“Top Gun: Maverick”)“Carolina” by Taylor Swift (“Where the Crawdads Sing”)TELEVISIONBEST DRAMA SERIES“Better Call Saul” (AMC)“The Crown” (Netflix)“House of the Dragon” (HBO Max)“Ozark” (Netflix)“Severance” (Apple TV+)BEST MUSICAL OR COMEDY SERIES“Abbott Elementary” (ABC)“The Bear” (FX)“Hacks” (HBO Max)“Only Murders in the Building” (Hulu)“Wednesday” (Netflix)BEST LIMITED SERIES, ANTHOLOGY SERIES OR TV MOVIE“Black Bird” (Apple TV+)“Dahmer - Monster: The Jeffrey Dahmer Story” (Netflix)“The Dropout” (Hulu)“Pam and Tommy” (Hulu)“The White Lotus” (HBO Max)BEST ACTRESS, DRAMAEmma D'Arcy, “House of the Dragon”Laura Linney, "Ozark”Imelda Staunton, “The Crown”Hilary Swank, “Alaska Daily”Zendaya, “Euphoria”BEST ACTOR, DRAMAJeff Bridges, “The Old Man”Kevin Costner, “Yellowstone”Diego Luna, “Andor”Bob Odenkirk, “Better Call Saul”Adam Scott, “Severance”BEST ACTRESS, MUSICAL OR COMEDYQuinta Brunson, “Abbott Elementary”Kaley Cuoco, “The Flight Attendant”Selena Gomez, “Only Murders in the Building”Jenna Ortega, “Wednesday”Jean Smart, “Hacks”BEST ACTOR, MUSICAL OR COMEDYDonald Glover, “Atlanta”Bill Hader, “Barry”Steve Martin, “Only Murders in the Building”Martin Short, “Only Murders in the Building”Jeremy Allen White, “The Bear”BEST SUPPORTING ACTRESS, MUSICAL, COMEDY OR DRAMAElizabeth Debicki, “The Crown”Hannah Einbinder, “Hacks”Julia Garner, “Ozark”Janelle James, “Abbott Elementary”Sheryl Lee Ralph, “Abbott Elementary”BEST SUPPORTING ACTOR, MUSICAL, COMEDY or DRAMAJohn Lithgow, “The Old Man”Jonathan Pryce, “The Crown”John Turturro, “Severance”Tyler James Williams, “Abbott Elementary”Henry Winkler, “Barry”BEST ACTRESS, LIMITED SERIES, ANTHOLOGY SERIES or TV MOVIEJessica Chastain, “George and Tammy”Julia Garner

☆ Top analysts say buy stocks like Papa John's and Alphabet
▼ + stars: | 2023-01-01 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

In that context, we kickstart 2023 with five stocks picked by Wall Street's top analysts, according to TipRanks, a service that ranks analysts based on their past performance. Papa John'sQuick-service pizza chain Papa John's (PZZA) stock has depreciated significantly this year due to challenges in the U.K. and inflationary pressures, but its longer-term outlook remains resilient. Therefore, Papa John's value offerings like Papa Pairings are attracting new lower-income guests. (See Papa John's International Insider Trading Activity on TipRanks) Saleh reiterated a buy rating on the stock with a price target of $100. We see several near- and long-term levers to drive shareholder value that have started to unfold and will allow Papa John's to again outperform peers, leading to our Buy rating," said Saleh.

☆ The US military is planning for a 'transformative' year in Asia as tensions with China continue to rise
▼ + stars: | 2022-12-27 | by ( Christopher Woody | ) www.businessinsider.com time to read: +8 min

Amid rising tensions with China, the US military has sought to bolster its presence in Asia. US forces there may see the "most transformative year" in a generation in 2023, a US official said. Major changes to the US military presence in Asia face logistical and political hurdles, however. Other countries have sought more training with the US military or, in the case of Palau, to host US forces. There are opportunities for the US "to expand its access and deepen relationships" in both Northeast and Southeast Asia, said Thompson, a former US Defense Department official, but US leaders will have to reckon with the limits of those partnerships, especially in Southeast Asia.

☆ Missing infant found alive after authorities arrest woman accused of kidnapping twin babies
▼ + stars: | 2022-12-23 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +1 min

A missing infant was found alive in Indianapolis on Thursday, hours after the arrest of a woman accused of stealing a car with the boy and his twin brother in it in Ohio, authorities said. Nalah Jackson, 24, was arrested earlier Thursday on an Indianapolis street, Columbus Police Chief Elaine Bryant told reporters. Her connection to the city wasn’t immediately clear. His condition wasn’t immediately clear. It wasn't immediately clear if Jackson has a lawyer to speak on her behalf.

☆ Restaurants open on Christmas Day 2022: McDonald's, IHOP, Denny's, and more
▼ + stars: | 2022-12-23 | by ( Nancy Luna | ) www.businessinsider.com time to read: +8 min

Benihana: Open Christmas Day and Christmas Eve. Bar Louie: Open Christmas Day and Christmas Eve. May be open Christmas Day, depending on location or franchiseGolden Corral: Some locations will be open Christmas Eve and Christmas Day. Closed Christmas Day, but open Christmas EveTaco Bell: Restaurants are open on Christmas Eve. Friendly's: Open on Christmas Eve until 6 p.m.In-N-Out: Open from 10:30 a.m. to 11 p.m. on Christmas Eve.

☆ The best food marketing stunts of the year
▼ + stars: | 2022-12-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +10 min

“The Big Cheez-It Tostada and Big Cheez-It Crunchwrap are in such Big demand that our limited offer is no longer available,” the chain said. Diane Bondareff/AP Images for Fancy FeastOver the summer, Fancy Feast invited people to answer the question: What does cat food taste like? The restaurant dishes drew inspiration from Fancy Feast Medleys, cat food that is itself inspired by human food like salmon primavera and turkey florentine. The restaurant’s menu was created by Amanda Hassner, in-house chef for Fancy Feast, as well as restaurateur Cesare Casella, a Michelin star winner, according to a Fancy Feast press release. Papa JohnsAs a permanent addition to the Papa Johns menu, the no-crust, toppings-only Papa Bowls are technically not a stunt.

☆ Here are Wednesday's biggest analyst calls: Apple, McDonald's, Alphabet, Amazon, Tesla, Meta & more
▼ + stars: | 2022-12-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Citi reiterates Apple as buy Citi said it sees several reasons that Apple stock is likely trade higher. Jefferies names McDonald's a top 2023 pick Jefferies said the fast food giant is a top defensive idea for 2023. Jefferies downgrades Starbucks to hold from buy Jefferies said it sees a more "balanced" risk/reward outlook for the stock. Evercore ISI reiterates Alphabet as outperform Evercore lowered its estimates on the stock but said it's still "highly attractive" for long-term investors. UBS reiterates Nike as buy UBS said Nike's earnings growth potential is "underestimated" after the company's earnings report on Tuesday.

☆ Jim Cramer's top 10 things to watch in the market Wednesday: Santa coming? Nike pops.
▼ + stars: | 2022-12-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Multiple price target increases on Wall Street. JPMorgan acknowledges "relief rally" but cuts its price target. Deutsche Bank lowers price target on Tesla (TSLA) to $270 per share from $355; keeps buy rating. Gordon Haskett downgrades Target (TGT) to hold from buy, with a $132-per-share price target; cites "meaningfully eroded traffic." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Golden Globe Awards 2023: See the full list of nominees
▼ + stars: | 2022-12-12 | by ( Lisa Respers France | ) edition.cnn.com time to read: +7 min

CNN —The nominees for the 80th Golden Globe Awards were announced on Monday. Mayan Lopez and Selenis Leyva, two of the stars from “Lopez vs. Lopez,” announced the range of film and television nominees as selected by members of the Hollywood Foreign Press Association (HFPA). Favored Oscars contender “The Banshees of Inisherin” led the film categories, with nominations including best musical or comedy film. It stars Colin Farrell and Brendan Gleeson. The ceremony, which was not broadcast last January over controversy surrounding the HFPA, will return to NBC on Jan. 10.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Carvana, Expedia, Shopify, Roku & more
▼ + stars: | 2022-12-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Bank of America reiterates Warner Brothers Discovery as buy Bank of America said Warner Brothers Discovery shares are the "best value in media." Wolfe downgrades Shopify and Chewy to peer perform from outperform Wolfe downgraded Shopify and Chewy on concerns about consumer weakness in e-commerce. "We are also revising our ratings on SHOP and CHWY to Peer Perform from Outperform after the recent rally." Peer Perform previously)." JMP upgrades MongoDB to market outperform from market perform JMP upgraded the developer data platform company after its earnings report on Tuesday.

☆ Jailed Belarus protest leader in intensive care after operation - sister
▼ + stars: | 2022-11-29 | by ( ) www.reuters.com time to read: +4 min

KYIV, Nov 29 (Reuters) - Jailed Belarusian protest leader Maria Kolesnikova was in a stable but serious condition in the intensive care ward of a hospital on Tuesday after undergoing surgery, her sister and opposition politician Viktor Babariko's Telegram account said. The jailed Babariko's Telegram channel said Kolesnikova, an outspoken critic of Belarusian President Alexander Lukashenko, had been taken to a hospital in the southeastern city of Gomel on Monday. In an interview with Russian independent TV station Dozhd (TV Rain), which broadcasts from Latvia, the protest leader's sister, Tatsiana Khomich, said Kolesnikova had undergone surgery on Monday after a time in a punishment cell. Nothing was known about the reason for the surgery, and Kolesnkova had not complained about her health, Khomich said. Babariko's telegram channel said Kolesnikova was set to be moved out of the intensive care unit to a surgery ward on Wednesday.

Search resuls for: "papa"

25 mentions found