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Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. No more pandemic stress Big banks could be on the verge of delivering tens or even hundreds of billions of dollars to investors following results from the ...
Scott Olson/Getty Images News Krispy Kreme (DNUT) plans to offer 26,666,667 shares of its common stock in the company's IPO. The price for the initial public offering price is expected to be between $21.00 and $24.00 per share. The company will raise about $600M at the midpoint of the ra...
Roman Valiev/iStock via Getty Images Dutch Bros Coffee files confidentially for an IPO in the U.S. No specific terms were disclosed, The chain's IPO was been anticipated and will one of the first in the restaurant sector in several years. Dutch Bros Coffee was founded in 1992 and has over 400...
Doughnut chain Krispy Kreme said it confidentially submitted paper work to register for an initial public offering.The number of shares to be offered and the price range for the proposed offering have not yet been determined, according to a statement. The IPO is expected to take place after t...
The pandemic changed coffee consumption habits with 85% of coffee drinkers having at least one cup at home (up 8% since January of 2020) and average daily consumption steady at nearly 2 cups per capita. As more businesses bring back employees, the at-home trend could be changing, according to...
A new mutation has arisen in the UK, and while vaccines should be able to be altered/cover the new strain, it does set up a path to possible vaccine escape. Macroeconomic conditions like high unemployment and exacerbated wage differences still persist. Euphoria and volatility are ...
M&A momentum continued to build with seven new deals announced. Lockheed Martin Corporation (LMT) announced that it is acquiring Aerojet Rocketdyne Holdings (AJRD). The acquisition of TC PipeLines (TCP) by TC Energy Corporation (TRP). For further details see: Merger ...
Amazon (NASDAQ: AMZN) is proof that e-commerce revolution was well underway before the pandemic, but COVID-19 has changed it for good. The generation Z has marked a new era and these guys are not patient as consumer behaviour is changing at great speed. They want an almost instantaneou...
Dunkin' is being acquired by Inspire Brands for $8.76B in cash and $11.3B inclusive of debt. The company is now trading at an elevated valuation of 38X forward earnings. Another bidder seems unlikely at this point. Dunkin' is performing relatively well during the COVID-19 pandemic...
Tesla Set to Join S&P 500 & 100; Apartment Income REIT to Join S&P MidCap 400 NEW YORK , Dec. 11, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P 100 and S&P MidCap 400 effective prior to the ...
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Amazon (NASDAQ: AMZN) is proof that e-commerce revolution was well underway before the pandemic, but COVID-19 has changed it for good. The generation Z has marked a new era and these guys are not patient as consumer behaviour is changing at great speed. They want an almost instantaneou...
Tesla Set to Join S&P 500 & 100; Apartment Income REIT to Join S&P MidCap 400 NEW YORK , Dec. 11, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P 100 and S&P MidCap 400 effective prior to the ...
Bring the Holidays Home with Baskin-Robbins' December Holiday Cakes and Festive Flavor of the Month CANTON, Mass. , Dec. 2, 2020 /PRNewswire/ --The ice cream experts at Baskin-Robbins have unwrapped a lineup of festive treats that are sure to make the season mer...