News Highlights: Top Company News of the Day
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
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
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
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
(END) Dow Jones Newswires
April 21, 2021 17:15 ET (21:15 GMT)
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