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Panera Bread Co Reports Increased Same Store Sales in 2Q

Panera Bread Co Reports Increased Same Store Sales in 2Q

On Tuesday, St. Louis, Missouri based Panera Bread Co, the American bakery-café fast casual restaurant chain operating in the United States and Canada reported its second quarter earnings reports that ended on June 28. The company said its same-store sales in the second quarter climbed 2.3 percent and that also surpassed the estimates of analysts.

It can be a hint that the softening in the U.S. demand trend is gradually coming to an end. Shares went up about four percent during the extended trading.

Fiat Chrysler Reports U.S. Sales Numbers with New Reporting Practices

Fiat Chrysler Reports U.S. Sales Numbers with New Reporting Practices

On Tuesday, Fiat Chrysler Automobile's, American-based operations reported sales numbers after revising its reporting practices in the US, amid investigations being conducted by federal officials and claims of exaggerated sales numbers.

FCA US also announced a new methodology which focuses on being more consistent and transparent, while reporting numbers of consumer and fleet sales.

Twitter Adds Healthy Number of Monthly Users and Posts Q2 Earnings Topping Expectations

Twitter Adds Healthy Number of Monthly Users and Posts Q2 Earnings Topping Expec

Twitter reported its second quarterly earnings that surpassed analysts' expectations but could not match the total revenue forecasts.
Twitter reported total revenue of $602 million which is a twenty percent increase on a year on year basis. However, the numbers missed expectations of $607 million. Earnings per share were more than expected at $.13.

Ahold Delhaize Starts Its Fist Business Da as a Merged Entity

Ahold Delhaize Starts Its Fist Business Da as a Merged Entity

On Monday, Massachusetts Attorney General Maura Healey announced that an antitrust settlement has been reached and it's a go ahead by the authorities, to allow merger of the Dutch supermarket chain Ahold and Belgium's Delhaize. Ahold is the parent of Stop & Shop and Delhaize is parent to Food Lion and Hannaford supermarkets.

Amazon will Test Its Drone Delivery in the U.K Under a New Partnership

Amazon will Test Its Drone Delivery in the U.K Under a New Partnership

Amazon for years has been trying to expand its drone delivery testing and in the U.S, the company did not get permission to pilot the flying machines beyond the operator's line of sight.

Now, Amazon has partnered with the British government in that effect and can expand its drone testing efforts notably. This move could permit Amazon's drone deliveries of packages to British homes much earlier than in the U.S.

Most UAE residents unaware about healthcare insurance costs

Most UAE residents unaware about healthcare insurance costs

According to a new survey, a majority of the residents of the United ArabEmirates indicated that they are unaware of their healthcare insurance costs.

The research conducted by YouGov in April showed that 84 per cent of the respondents underestimate the country's high level of medical inflation. It also found that 51 per cent of the people living in the country are unaware about the cost of their health insurance.

Gold and Copper Miner, Newcrest Mining Reports Boost in Output

Gold and Copper Miner, Newcrest Mining Reports Boost in Output

Newcrest Mining, the Australia based gold and copper miner reported a 0.7 percent boost in output to 2.4 million ounces in this financial year. In the June quarter, production dropped 6 percent compared to the March quarter.

According to the miner, June quarter's output drop was mainly attributed to an extended suspension in production in Indonesia's Gosowong mine due to "geotechnical event" in February. One miner was trapped underground in this mine and was later rescued successfully.

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