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