Tuesday, June 20, 2017

No holy guacamole: Chipotle sinks on weak outlook

More bad news for Chipotle. The company has a big ad campaign to lure customers back. It's working. Sales are up again. But the higher marketing costs are eating into profits. A spike in avocado prices could hurt it as well.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
No holy guacamole: Chipotle sinks on weak outlook
More bad news for Chipotle. The company has a big ad campaign to lure customers back. It's working. Sales are up again. But the higher marketing costs are eating into profits. A spike in avocado prices could hurt it as well. Read more »
 
Oil prices enter bear market as supply glut fears return
Look out below! The massive supply glut is once again sending crude oil prices into a tailspin. Read more »
 
Solar energy is killing coal, despite Trump's promises
Coal-fired power is projected to be cut in half by 2040 as renewable energy gains popularity. Read more »
 
I love my factory job, but I don't want my kid to do it
CNNMoney has traveled the country talking to factory workers. Over and over, they tell us they love their manufacturing jobs and don't want them to go away. But they don't want their kids to do these jobs. Read more »
 
The bull is back! Market near highs despite risks
The stock market is sitting near record levels even though there are big political concerns in the U.S and worries about tech valuations. Wall Street isn't worried though. Read more »
 
Barclays and former CEO charged with fraud over 2008 rescue by Qatar
The U.K.'s Serious Fraud Office has filed criminal charges against Barclays and four former executives over a cash injection from Qatar that helped save the bank during the financial crisis. Read more »
 
 
 
 
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