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US retailers rise as interest rate cut signals increased spending

BUZZ-US retailers rise as interest rate cut signals increased spending ** Shares of U.S. retail companies rise after the U.S. Federal Reserve cut interest rates by 50 bps ** Shares of retailers including Macy's M.N , Bath & Body Works BBWI.N , Lowe's LOW.N , Home Depot HD.N and Best Buy BBY.N rise between 1%-3% ** Fed's rate cut comes at an opportu
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Chipotle adds automation, 'autocado' robot helps make guacamole

REFILE-Chipotle adds automation, 'autocado' robot helps make guacamole Corrects spelling in headline to "autocado" By Waylon Cunningham Sept 16 (Reuters) - Chipotle moved an automated bowl-and-salad maker and an avocado-processing robot out of its test kitchen and into a couple of locations in California. The chain announced the deployment on Monday and said feedback will determine whether it makes a broader rollout of the technology.
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Column: Madison Square Garden CEO Dolan can’t evade deposition in ex-Knick's assault lawsuit

Column: Madison Square Garden CEO Dolan can’t evade deposition in ex-Knick's assault lawsuit The opinions expressed here are those of the author, a columnist for Reuters. By Alison Frankel Sept 11 (Reuters) - For the last seven years, federal judge Richard Sullivan of Manhattan has been presiding over a lawsuit stemming from the forcible 2017 ejection of onetime New York Knicks All-Star Charles Oakley from Madison Square Garden.
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Starbucks rises as investors cheer new CEO Niccol's plans for coffee chain

BUZZ-Starbucks rises as investors cheer new CEO Niccol's plans for coffee chain ** Shares in Starbucks SBUX.O gain 4.2% to $97.34 in afternoon trading ** On Tuesday, CEO Brian Niccol laid out his plans for the coffee chain in an open letter after his first day at the helm ** Focus initially on improving service and coffeehouse culture at stores in the United States - Niccol ** Will spend time in stores, meeting suppliers and partners to improve SBUX's supply chain, app and mobile ordering platfo
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Starbucks new CEO Niccol to improve coffee culture at US stores

UPDATE 2-Starbucks new CEO Niccol to improve coffee culture at US stores Adds background, details form the letter By Juveria Tabassum Sept 10 (Reuters) - Starbucks' SBUX.O new CEO Brian Niccol said he would focus on reinvigorating coffeehouse culture at the chain's stores in the U.S. as he takes the helm in the midst of patchy demand for its pricey lattes.
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Starbucks new CEO Niccol to focus on US in first 100 days

Starbucks new CEO Niccol to focus on US in first 100 days Sept 10 (Reuters) - Starbucks SBUX.O new CEO Brian Niccol laid out his plan for the first 100 days on Tuesday, saying he would focus on enhancing customer experience at its stores in the U.S. Niccol took over from Laxman Narasimhan on Sept. 9 at a time when the coffee chain is tackling weak demand in the U.S.
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Chipotle names company veteran Adam Rymer as finance chief

UPDATE 1-Chipotle names company veteran Adam Rymer as finance chief Adds appointment details from paragraph 2 Aug 28 (Reuters) - Chipotle Mexican Grill CMG.N on Wednesday appointed Adam Rymer as its chief financial officer from Oct. 1. Rymer is a 15-year Chipotle veteran, who previously served as vice president of finance. Rymer will report to interim CEO Scott Boatwright.
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Chipotle names Adam Rymer as finance chief

Chipotle names Adam Rymer as finance chief Aug 28 (Reuters) - Chipotle Mexican Grill CMG.N on Wednesday appointed Adam Rymer as its chief financial officer from Oct. 1. Reporting by Savyata Mishra in Bengaluru; Editing by Arun Koyyur
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Chipotle denied raises to unionized workers, US labor agency says

Chipotle denied raises to unionized workers, US labor agency says By Daniel Wiessner Aug 26 (Reuters) - U.S. labor board prosecutors have determined that a union's claims that Chipotle Mexican Grill CMG.N illegally refused to give raises to workers at a Michigan restaurant after they became the first and only employees of the fast-casual chain to unionize have merit.
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Cava rallies to record high as solid demand for steaks and salads boosts forecasts

REFILE-Cava rallies to record high as solid demand for steaks and salads boosts forecasts Corrects syntax in headline Aug 23 (Reuters) - Mediterranean restaurant chain Cava Group's CAVA.N shares surged over 23% to a record high of $125.38 on Friday, after strong demand for its salad bowls and pita wraps boosted its annual sales and earnings forecast.
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U.S. STOCKS B Riley, Energy stocks, Pharma stocks

BUZZ-U.S. STOCKS ON THE MOVE-B Riley, Energy stocks, Pharma stocks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 paused on Friday as investors digested a spate of encouraging economic data that dispelled slowdown concerns and put Wall Street's main indexes on course for their best weekly performance this year.
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U.S. STOCKS Pharma stocks, H & R Block, B Riley Financial

REFILE-BUZZ-U.S. STOCKS ON THE MOVE-Pharma stocks, H & R Block, B Riley Financial Adds dropped names in headline Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes slipped on Friday following the S&P 500 and the Nasdaq's six-day winning streaks after a spate of encouraging economic data allayed recession worries, while weak housing data dampened sentiment.
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Tapestry Inc TPR.N +3.3% Ulta Beauty Inc ULTA.OQ +3.2% Bath & Body Works Inc BBWI.N +2.6% Dexcom Inc DXCM.OQ +2.6% Align Technology Inc ALGN.OQ +2.4% Bottom Performers Percent Change Amcor PLC AMCR.N -5.9% Chipotle Mexican Grill Inc CM
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Starbucks piles whipped cream atop CEO pay problem

CORRECTED-RPT-BREAKINGVIEWS-Starbucks piles whipped cream atop CEO pay problem Corrects figures throughout to reflect that the proportion of Niccol’s $23 million share-based bonus eligible to be tripled is 60%, not 100%. Adds that a portion of Niccol’s replacement stock award could also increase in certain circumstances. The author is a Reuters Breakingviews columnist.
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Starbucks piles whipped cream atop CEO pay problem

CORRECTED-BREAKINGVIEWS-Starbucks piles whipped cream atop CEO pay problem Corrects figures throughout to reflect that the proportion of Niccol’s $23 million share-based bonus eligible to be tripled is 60%, not 100%. Adds that a portion of Niccol’s replacement stock award could also increase in certain circumstances. The author is a Reuters Breakingviews columnist.
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Chipotle investors see continued growth, steady leadership after CEO Niccol departs

UPDATE 1-Chipotle investors see continued growth, steady leadership after CEO Niccol departs Adds comments from Chipotle investor Bill Ackman, updates shares, paragraphs 3 and 7-8 Scott Boatwright named Chipotle's interim CEO, worked closely with predecessor Niccol since 2018 Investors including Bill Ackman confident in Chipotle's growth despite Niccol's departure for Starbucks' top job During Niccol's Chipotle tenure, sales doubled and stock tripled By Ananya Mariam Rajesh Aug 15 (Reuters) - Ch
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Pershing Square says expect team at Chipotle will "not lose a step" after Niccol's departure

BRIEF-Pershing Square says expect team at Chipotle will "not lose a step" after Niccol's departure Aug 15 (Reuters) - Pershing Square Holdings Ltd PSH.AS : PERSHING SQUARE HOLDINGS LTD: INTEND TO DISCUSS NEW NIKE AND BROOKFIELD CORP INVESTMENTS AT A LATER DATE PERSHING SQUARE HOLDINGS LTD: IN PROCESS OF REDESIGNING PERSHING SQUARE USA IPO TRANSACTI
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Nike shares jump as Ackman's return sparks turnaround hopes

UPDATE 1-Nike shares jump as Ackman's return sparks turnaround hopes Updates to add graphic By Ananya Mariam Rajesh Aug 15 (Reuters) - Nike shares NKE.N gained nearly 4% on Thursday as investors hoped the return of billionaire William Ackman as a stakeholder could spark a turnaround at the sportswear giant that has been battling with strategy missteps and tough competition.
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Nike shares jump as Ackman's return sparks turnaround hopes

Nike shares jump as Ackman's return sparks turnaround hopes By Ananya Mariam Rajesh Aug 15 (Reuters) - Nike shares NKE.N gained nearly 4% on Thursday as investors hoped the return of billionaire William Ackman as a stakeholder could spark a turnaround at the sportswear giant th at has been battling with strategy missteps and tough competition. Ackman's hedge fund Pershing Square Capital Management now owns roughly 3 million shares of Nike, amounting to a stake of about 0.19%, a filing showed on
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Starbucks' new CEO to get millions in equity awards

UPDATE 2-Starbucks' new CEO to get millions in equity awards Adds details in paragraphs 5-7 and 9 Aug 14 (Reuters) - Starbucks SBUX.O said on Wednesday incoming CEO Brian Niccol was eligible for annual equity awards worth $23 million and would receive additional stock grants of $75 million for giving up his shares in Chipotle Mexican Grill CMG.N .
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