(Bloomberg) -- Reformation Inc., a sustainable womenswear brand backed by private equity firm Permira, opened at its IPO price in its trading debut Thursday, after the company raised $210.9 million in a listing that priced at the bottom of its marketed range.Most Read from BloombergUS Strikes Iran Again as Conflict Spreads Across Middle EastWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionBond Yields at 19-Year High Send Warsh Credibility WarningMeta Falls After Defending AI Bets t
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The sandwich chain is going public on Thursday. It will test the appetite of investors after blockbuster debuts like Elon Musk’s SpaceX.
📣 "That does not resonate with the customer when you tell them they have fewer options...they have the memories and the trauma of the prior consolidations in this industry. And some of the worst trauma, I'm sorry, [Union Pacific], you caused it.
Chipotle first revealed its Recipe for Growth turnaround plan in February, and the impact has been swift. After exceeding expectations in Q1 with positive same-store sales and transactions, the fast casual did the same in the second quarter, with comps rising 2.2 percent and transactions increasing 1 percent. It was Chipotle’s best same-store sales performance […]
The fast-casual sandwich chain is set to start trading on the New York Stock Exchange after pricing its shares at $23.
Is Chipotle now affordable?
The chain’s Recipe for Growth initiative, which launched in February, is already shifted momentum with same-store sales up 2.2%.
David Ellison insists his blockbuster media merger is still on track, but a legal standoff with a coalition of state attorneys general is about to flip an abstract delay into a very concrete and very expensive problem.
Jersey Mike's Subs (JMKE) priced its IPO of 43.5 million shares of Class A common at $23 a share, fo
The sandwich chain is going public on Thursday. It will test the appetite of investors after blockbuster debuts like Elon Musk’s SpaceX.
The Lululemon- and Inditex-backed company will be able to produce recycled nylon at industrial scale, helping brands meet growing recycled-content and non-destruction rules.
SummaryView Transcript Rail traffic is UP, but the biggest story in North American rail is the proposed CPKC-KCS merger. We unpack the latest AAR data and hear why Union Pacific and Norfolk Southern CEOs believe this merger will be *better* for consumers, improving service, lowering costs, and bringing trucks off highways. But competitors aren’t convinced. […] The post Rail Merger: UP CEO Says it’s BETTER for Consumers | FreightWaves Today appeared first on FreightWaves.
Private equity backer Blackstone is betting on the sandwich chain, but high-profile listings have delivered mixed results for everyday investors this year.
The fast-casual chain’s revenue rose 9.3% to $3.35 billion as it opened 100 restaurants in its second quarter.
Chipotle is expected to post a strong second quarter as the burrito chain's growth strategy took off, offsetting macro uncertainty.
The CEO of BNSF says Union Pacific’s latest regulatory filing does nothing to change the anti-competitive aspects of the $85 billion rail merger. The post BNSF CEO assails new rail merger filing, says transcon will raise rates, prices appeared first on FreightWaves.
Investing.com -- Retail investors have previously been locked out of the most significant wealth creation happening in private markets, but that dynamic is beginning to shift as public vehicles offering exposure to late-stage private companies gain traction, according to Willy Lee, a principal at Neostellar (NASDAQ: NSLR).
The CEOs of Union Pacific and Norfolk Southern are confident that their merger application addressing competition concerns provides a compelling case for regulatory approval. The post CEOs of UP, NS, say latest additions to rail merger application further enhance competitive aspects appeared first on FreightWaves.
SpaceX stock is down over 50% from a short-lived peak just a few days after it went public. Here's what investors can expect for its future.
The entertainment giant reported a notable insider sale as legal challenges surfaced against its merger with Warner Bros. Discovery.
The deal adds roughly 50 MHz of low-band and mid-band spectrum covering nearly every U.S. market to AT&T's holdings
The largest IPO of all time has cooled off. Here's what investors need to know.
The sandwich chain is set to go public at an $8 billion valuation after the private-equity firm reduced expenses.
The deal broadens AT&T’s national spectrum holdings and expands its presence across over 400 US markets.
UBS estimates SpaceX could spend about $135 billion on wafer-fab equipment over five years for Terafab.
Semiconductor stocks slid Tuesday amid concerns that overheated AI spending and intensifying US-China chip competition could affect the robust pipeline of venture-backed chip startups already lined up to go public. The market’s volatility could push those startups to delay going public, said PitchBook senior analyst Harrison Rolfes. Following SpaceX‘s historic offering and with OpenAI and Anthropic already waiting in the wings, many late-stage startups were already considering taking advantage o
Galaxy Digital acquired 500 acres in McGregor, McLennan County, Texas, under a development agreement with the city for a new AI/HPC campus — its first expansion beyond the CoreWeave-anchored Helios…
RBC sees major AI synergies and trillion-dollar chip savings
The burrito chain's transactions turned positive last quarter. Wednesday reveals whether that was the start of a trend.
18% That's roughly how much cheaper shares in Elon Musk's space-exploration and AI company are today, compared with their IPO price of $135. The stock climbed above $200 shortly after its hotly anticipated market debut.