Chipotle's Sales Rise 20%, Spurred by Online Orders

Chipotle Mexican Grill Inc. late Wednesday blew past Wall Street expectations for its first quarter, saying new menu items, ongoing strength for its online orders and a tailwind from stimulus checks pushed its sales more than 20% higher.

 
Whirlpool Smashes Expectations for Earnings. Housing Is On Fire.

The applicant maker reported $7.20 in per-share earnings for the quarter ended in March. Wall Street was only looking for about $5.40.

 
Walmart Is Pulling Plug on More Robots

The retailer has been phasing out automated pickup towers for online orders as curbside services have become popular.

 
Ford Prolongs Shutdowns at Several U.S. Plants Due to Chip Shortage

The auto giant is planning more downtime at five North American factories due to a global semiconductor shortage, further disrupting output of a popular SUV and the F-150 pickup.

 
Automation Software Maker UiPath Rises in Market Debut

The company's shares rose 23% in their first day of trading, valuing the business at about $36 billion.

 
Hertz Proposes Shareholder Payout as Part of Bankruptcy-Exit Plan

Hertz Global Holdings said an improved bankruptcy plan would provide some value to equity holders, vindicating the individual traders who have insisted the company is worth something despite its bankruptcy filing.

 
Pfizer Identifies Fake Covid Shots Abroad as Criminals Exploit Vaccine Demand

In Mexico, about 80 people received fraudulent doses, and in Poland authorities recovered vials containing anti-wrinkle drugs.

 
FDA Finds Poor Conditions at Contractor's Plant Making J&J Vaccine

Inspectors found that the Emergent BioSolutions plant that was helping make Johnson & Johnson's Covid-19 shot didn't maintain clean and sanitary conditions and didn't follow procedures to prevent contamination.

 
European, U.K. Company Earnings Previews

Read what analysts are saying ahead of earnings due Thursday from Pernod Ricard, Informa, Rentokil and more.

 
Europe's Most Valuable Tech Company Can Help the Chip Shortage

ASML is an expensive stock, but but it is in part an expression of the confidence in the company's ability to help fix the great chip shortage.

(END) Dow Jones Newswires

April 21, 2021 17:15 ET (21:15 GMT)

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