Red Robin Gourmet Q4 Restaurant Revenue Up 2.4%, Comps Increases 2.5% Red Robin Gourmet Burgers, Inc. (RRGB) Monday announced 2.4 percent increase in fourth-quarter revenue, while comparable restaurant revenue increased 2.5 percent from the prior year. Excluding the Red Robin Royalty program, comparable restaurant revenue were up 1.5 percent. The full-service restaurant chain reported quarterly […]
PHOTOS: Denver Broncos host Los Angeles Chargers in NFL Week 18 The Denver Broncos finished out their season with a 31-28 win over the Los Angeles Chargers Sunday at Empower Field at Mile High in Denver. Follow along with real-time updates here. Want more Broncos news? Sign up for the Broncos Insider to get all […]
Chicago Business Barometer Rebounds More Than Expected In December A report released by MNI Indicators on Friday showed a bigger than expected slowdown in the pace of contraction in Chicago-area business activity in the month of December. MNI Indicators said its Chicago business barometer climbed to 44.9 in December from 37.2 in November, although a […]
Gold Futures Climb Higher, Settle At Over 6-month High Gold prices surged higher on Tuesday and lifted the most active gold futures contract to a more than 6-month closing high, as concerns about economic slowdown and high inflation pushed up the demand for the safe-haven commodity. Gold prices climbed higher despite a strong dollar. The […]
IQIYI Stock Jumps 12% Shares of iQIYI, Inc. (IQ) are gaining over 12% on Tuesday morning after it announced closing of private placement of $500 million senior notes. IQ is currently trading at $5.97, up $0.67 or 12.74%, on the Nasdaq. The stock opened its trading at $5.50 after closing previous trading day at $5.30. […]
Coinbase Global Up 8% Shares of software company Coinbase Global, Inc. (COIN) are rising 8 percent on Thursday’s trading, trending up for the past few days. The stock is in tandem with the U.S markets, which are in the green since early Thursday morning. Currently at $34.95, the stock has traded between $31.83 and $261.63 […]
Target Recalls Children’s Weighted Blankets After Two Deaths Retail giant Target Corp (TGT) has recalled about 204,000 Pillowfort weighted blankets for children after two kids died due to asphyxiation. According to the U.S. Consumer Product Safety Commission, a 4-year-old girl and a 6-year-old girl reportedly became entrapped in the cover of the weighted blanket and […]
Gold Futures Settle Lower As Dollar Advances Gold prices drifted lower on Wednesday and the dollar gained in strength and Treasury yields moved up amid uncertainty about the size of interest rate hikes by the Federal Reserve in the coming months. The dollar index, which dropped to 103.85 around mid morning, climbed to 104.47 a […]
Oil Prices Decline In Choppy Trade On China Concerns Oil prices fell in choppy trade on Wednesday as fears of a global recession and concerns about rising COVID-19 cases in China, the world’s top oil importer, took center stage. The downside remained capped amid news that Russia aims to ban oil sales from Feb. 1 […]
European Economics News Preview: UK Public Sector Finance Data Due Public sector finances from the UK and consumer sentiment survey results from Germany are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK public sector finances data for November. Excluding banks, the budget deficit is seen […]