While there was little news of note directly concerning Japanese restaurant chain operator Kura Sushi USA (NASDAQ: KRUS) over the past few days, an analyst’s move on the stock and a bit of unusual news from its parent company combined to blast the stock higher. It had booked a nearly 24% gain in price week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence.Setting an odd new recordKura Sushi USA won some free publicity thanks to that news item. The company is a subsidiary of Japan-based Kura Sushi, which announced mid-week that it…
Author: user
Whataburger will get a new CEO in 2025 in Debbie Stroud. | Photo courtesy of Whataburger.In 2019, when news emerged that a Chicago-based investment firm, BDT Capital Partners, had acquired a majority stake in Whataburger, reaction from the chain’s Texas fans was swift. And generally not positive. To wit:The reaction was predictable. Texans love Whataburger. The chain had been family-owned for 69 years by the Dobson family. They clearly did not enjoy the idea that it would be owned by someone else, someone outside of Texas. It was Ed Nelson’s job to guide the San Antonio-based chain through that transition.…
The Delaware Lottery offers several draw games for those aiming to win big. Here’s a look at Thursday, September 12, 2024 results for each game:Winning Play 3 numbers from September 12 drawingDay: 6-7-0Night: 6-6-4Check Play 3 payouts and previous drawings here.Winning Play 4 numbers from September 12 drawingDay: 6-7-3-8Night: 0-6-7-1Check Play 4 payouts and previous drawings here.Winning Multi-Win Lotto numbers from September 12 drawing01-12-13-15-17-19Check Multi-Win Lotto payouts and previous drawings here.Winning Lucky For Life numbers from September 12 drawing23-32-38-41-44, Lucky Ball: 18Check Lucky For Life payouts and previous drawings here.Winning Play 5 numbers from September 12 drawingDay: 3-6-1-4-1Night: 7-5-0-0-1Check Play…
Back in 1989, Ford’s (F) message to the driving public was “Quality is Job 1.”At the time, Ford was looking to challenge the rise of Japanese imports, according to Autoweek, and began a major push to improve and embrace quality in the late 1970s and early 1980s.Related: Ford’s latest in-car tech will make driving very annoyingRonald Reagan was president of the United States, the Berlin Wall was coming down, gasoline was going for a buck a gallon, and the average cost of a car was $12,000.And that’s the year Ted Cannis started working at Ford. Now, after 35 years, Cannis,…
(Reuters) – Futures tied to Canada’s main stock index rose on Friday, aided by higher commodity prices, after markets raised their bets for a larger rate cut by the U.S. Federal Reserve next week.September futures on the S&P/TSX index were up 0.3% at 06:15 a.m. ET (1015 GMT).Global markets reacted positively to a sudden spike in bets for a hefty, half-point rate cut in the United States on Sept. 18, after reports from the Financial Times and Wall Street Journal termed the imminent policy decision “a close call”.Former New York Fed President Bill Dudley’s statement at a forum in Singapore…
(Reuters) – Futures tied to Canada’s main stock index rose on Friday, aided by higher commodity prices, after markets raised their bets for a larger rate cut by the U.S. Federal Reserve next week.September futures on the S&P/TSX index were up 0.3% at 06:15 a.m. ET (1015 GMT).Global markets reacted positively to a sudden spike in bets for a hefty, half-point rate cut in the United States on Sept. 18, after reports from the Financial Times and Wall Street Journal termed the imminent policy decision “a close call”.Former New York Fed President Bill Dudley’s statement at a forum in Singapore…
Between March 2022 and July 2023, the Federal Reserve raised its benchmark rate 11 times. As a result, savings interest rates rose sharply. And even though the Fed has since paused further rate hikes, savings interest rates have held steady. So, if you’re looking for the best rates available today, here’s a breakdown of where to find them.What bank currently has the highest savings interest rate?Although savings interest rates are elevated by historical standards, the national average rate for savings accounts is still just 0.46%, according to the FDIC. The good news: Top high-yield savings accounts offer upwards of 5%…
Real estate stocks have faced an uphill battle ever since the Federal Reserve began raising interest rates in 2022. Increased interest rates have affected borrowing costs and the overall demand for real estate, leading to a challenging environment for real estate investors and homebuyers.Redfin (NASDAQ: RDFN) is one company that has faced significant challenges due to the sharp decline in housing activity. The real estate company has reduced expenses and discontinued unprofitable ventures to adapt to the tough environment. It has also implemented changes to attract more agents to its platform as it anticipates a pickup in housing activity.The good…
Was North Wilkesboro Speedway home base for some moonshine runners after all?Speedway Motorsports Inc. officials have unearthed the possibility.During last week’s grandstand cleaning and inspection process of North Wilkesboro Speedway — the long-abandoned racetrack in the foothills of North Carolina that was resurrected for last year’s NASCAR All-Star Race — SMI operations staff discovered cracks in the original concrete, according to a press release. Crews then began removing seats to evaluate the extent of the damage and came upon an open area of approximately 700-square-feet underneath the concrete — a cave, if you will.No moonshine still has been found, officials…
HONG KONG (AP) — Global stocks were mixed Friday after stocks in the United States pulled closer to their record… HONG KONG (AP) — Global stocks were mixed Friday after stocks in the United States pulled closer to their record highs following economic reports that came in close to expectations. European markets were mostly higher in early trading Friday after the European Central Bank reduced interest rates again on Thursday to support sluggish growth as inflation continues to subside. France’s CAC 40 rose 0.3% to 7,454.10, and Germany’s DAX added 0.4% to 18,595.43. Britain’s FTSE 100 edged down 0.1% to…