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Nivedita Balu

Palantir results beat estimates in first quarter as public company

13 Nov 2020

Palantir Technologies Inc beat market expectations in its first quarter as a public company and raised its 2020 revenue forecast on Thursday, as it shored up large government and aerospace contracts.

Dunkin' Brands to go private in $8.76 billion deal by Arby's owner

02 Nov 2020

Inspire Brands Inc will buy Dunkin' Brands Group Inc for $8.76 billion, the two companies said late on Friday, bringing chains like Arby's and Dunkin' Donuts under the same umbrella in one of the largest restaurant deals. | Video

Starbucks sees hotter-than-expected earnings for 2021

29 Oct 2020

Starbucks Corp forecast 2021 earnings largely above estimates on Thursday, helped by strong online orders and a recovery in demand following the initial hit from the COVID-19 pandemic.

UPDATE 3-Starbucks sees hotter-than-expected earnings for 2021

29 Oct 2020

Oct 29 Starbucks Corp forecast 2021 earnings largely above estimates on Thursday, helped by strong online orders and a recovery in demand following the initial hit from the COVID-19 pandemic.

Taco Bell boost helps Yum beat quarterly results

29 Oct 2020

Yum Brands Inc posted a smaller-than-expected drop in comparable sales and beat profit estimates on Thursday, helped by strong online sales at its Taco Bell chain as COVID-19 pandemic fears kept customers at home.

Starbucks, Yum sales likely recovered, but new costs may weigh

26 Oct 2020

U.S. restaurant chains including Starbucks Corp and Taco Bell parent Yum Brands Inc could show a sales recovery as consumers resume normal activities, but higher wages, commodity and COVID-19-related costs will likely weigh on earnings.

Coca-Cola emerges from lockdown blues as out-of-home demand recovers

22 Oct 2020

Coca-Cola Co beat revenue and profit expectations on Thursday as a partial reopening of theaters and restaurants boosted demand and helped the world's largest soda maker bounce back from a shattering second quarter. | Video

Chipotle profit falls on higher coronavirus-related expenses

21 Oct 2020

Chipotle Mexican Grill Inc on Wednesday posted an 18.6% drop in quarterly profit, hurt by higher beef prices, delivery costs and coronavirus-related expenses.

U.S. retailers secure stores as worries about election unrest mount

21 Oct 2020

LOS ANGELES/CHICAGO This time last year, shoppers on Chicago's Magnificent Mile were waiting for Louis Vuitton to debut its whimsical holiday window decorations. Now those same windows are hidden behind a wall of wood panels painted bright orange.

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