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Should Investors Continue Riding With Uber? The Street Weighs In
Friday, August 7, 2020 - 2:59pm | 1008Read More...Ride-hailing and delivery company Uber Technologies Inc (NYSE: UBER) reported mixed second-quarter results Thursday that prompted Street analysts to debate whether the company is overly exposed to COVID-19 headwinds. The Uber Analysts Raymond James analyst Aaron Kessler maintains a Market...
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Chipotle CEO Offers Business Update On 'Mad Money'
Tuesday, June 2, 2020 - 12:31pm | 384Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) was well prepared to manage the COVID-19 disruption because of its prior investments in digital and people, CEO Brian Niccol said on CNBC's "Mad Money." Chipotle's stock trades around $1,050 per share, more than doubling from its year-to-...
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UPS Slaps 'Peak' Surcharge On Amazon, Walmart, Others, As Delivery Requests Balloon Post Lockdown Ease
Friday, May 29, 2020 - 4:38am | 283Read More...United Parcel Services Inc. (NYSE: UPS) is imposing an additional fee for delivery requests from e-commerce companies that is common during peak seasons, Reuters reported Thursday. The move will come into effect on May 31 and apply to "large, high-volume shippers and companies that send...
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Restaurant Analyst Says Delivery, Pickup Separate Winners From Losers
Thursday, May 21, 2020 - 11:19am | 448Read More...The one defining characteristic separating winners from losers in the restaurant space is delivery and pickup options, Piper Sandler restaurant analyst Nicole Miller Regan said on CNBC's "Power Lunch." 'Investible Theme' For Restaurants While delivery and pickup options...
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Checking In On Restaurants Amid The Coronavirus Lockdown: Hooters Of Houma, Louisiana
Wednesday, May 20, 2020 - 5:18pm | 675Read More...Restaurants across a handful of states reopened their doors to limited seating over the past few days. Benzinga checked in with a handful of restaurants of different sizes to see how they are faring so far at a time when the COVID-19 pandemic remains a major overhang. This is part three. Most...
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McDonald's CEO Talks Recovery, Breakfast, Food Shortages And More
Thursday, April 30, 2020 - 1:55pm | 580Read More...McDonald's Corp (NYSE: MCD) reported a 3.4% decline in same-store sales in its first-quarter earnings, but it's difficult to model any progress as different countries are at different stages in their coronavirus response. McDonald's reported quarterly earnings of $1.47 per share,...
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Why Kroger Is Testing Same-Day Furniture Delivery
Thursday, April 23, 2020 - 6:28pm | 355Read More...Grocery chain Kroger Co (NYSE: KR) is teaming up with on-demand shipping company Frayt to experiment with same-day delivery of outdoor furnishing products to consumers, Grocery Dive reported. What Happened Several Kroger Marketplaces stores in Cincinnati and Dayton, Ohio and Northern Kentucky...
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Amazon Analyst Says This 'Strategic Asset' Could Bring $15B In Revenue
Monday, April 20, 2020 - 9:20pm | 401Read More...E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) spent $39 billion in retail capital expenditures over the last six years — $60 billion including capital leases — to create significant fulfillment infrastructure and delivery capabilities, according to BofA Securities. The Amazon Analyst...
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Lyft Offers Delivery Of Medical Supplies, Meals, Medical Transportation During Pandemic
Sunday, March 22, 2020 - 11:39pm | 467Read More...Lyft Inc. (NASDAQ: LYFT) is implementing a host of measures to aid those affected by the novel coronavirus (COVID-19) pandemic, TechCrunch reported Sunday. What Happened In a blog post, the ride-sharing company said that government and healthcare organizations could use its on-demand services...
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FedEx Analysts Say Investors Need To Wait And See What's Next After Guidance Withdrawal
Wednesday, March 18, 2020 - 4:08pm | 875Read More...Global delivery giant FedEx Corporation (NYSE: FDX) reported third-quarter results Tuesday and withdrew its guidance for the full year. Here's how some of the Street's top analysts reacted to the announcement. The FedEx Analysts Morgan Stanley analyst Ravi Shanker maintained an...
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Costco Picks Up Final-Mile Carrier Innovel Solutions From Transform Holdco
Tuesday, March 17, 2020 - 5:11pm | 468Read More...Costco (NASDAQ: COST), the Washington-based membership-only warehouse club, announced Tuesday it had acquired final-mile hauler and installation provider Innovel Solutions from Transform Holdco for $1 billion. Financier Eddie Lampert formed Transform Holdco a year ago, in February 2019, to acquire...
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Amazon Hiring 100,000 Workers To Meet Increased Demand As Coronavirus Forces Social Distancing
Monday, March 16, 2020 - 10:16pm | 506Read More...Amazon.com Inc. (NASDAQ: AMZN) is looking to add 100,000 new full-time and part-time workers in the United States in warehouses and delivery. What Happened The e-commerce giant is attempting to meet the rising demand for online deliveries due to the novel coronavirus (COVID-19) outbreak. "We...
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How Feasible Are Drones For Last-Mile Delivery From A Regulatory Perspective?
Friday, March 13, 2020 - 10:55am | 819Read More...Expedited delivery has been the primary focal point of last-mile delivery networks of late, as ecommerce businesses rush to make ‘lightning-fast delivery promises' one of their prime differentiators from rival brands. The pressure to deliver quickly has led businesses to move their warehouses much...
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Workhorse Ready To Run With C-Series Electric Delivery Van
Thursday, March 12, 2020 - 9:37am | 607Read More...Production of its long-awaited electric delivery van could begin in the next few weeks for Workhorse Group (NASDAQ: WKHS), with plans to add additional configurations and sizes to the C-Series once full production ramps up, company officials told FreightWaves at the recent NTEA Work Truck Show in...
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Workhorse Narrows Focus To Electric Last-Mile Vans
Tuesday, March 10, 2020 - 4:20pm | 722Read More...Workhorse Group Inc. (NASDAQ: WKHS) generated just $3,000 in revenue in the fourth quarter on income of $655,000 as it inched toward production of its lightweight electric last-mile delivery vans. The Loveland, Ohio-based company expects to produce 300-400 vans this year at its plant in Union City...
















