business
Shake Shack’s Quarterly Sales Hurt by Inclement Weather
Shake Shack said inclement weather in some of its most heavily penetrated markets hurt sales during the recent quarter, resulting in lower than expected revenue. Source link
Lululemon Sees Quarterly Profit at High End After Strong Holiday Sales
Lululemon Athletica said it expects fourth-quarter profit and revenue to come in at the high end of its previously issued forecasts, citing a strong holiday season. Source link
Thermo Fisher Chief Operating Officer Michel Lagarde Leaving Company
Thermo Fisher Scientific’s number-two executive, Michel Lagarde, is leaving the life-sciences giant to pursue another opportunity. Source link
Health Care Roundup: Market Talk
Find insight on China’s biopharmaceutical companies in the latest Market Talks covering the health care sector. Source link
The Speed-Obsessed Texas Wildcatter in Pole Position for Venezuela’s Energy Riches
Rod Lewis isn’t a big name in industry circles but has a wealth of experience in unstable locales including Mexico and Colombia. Source link
China Has Been Gorging on Black-Market Oil. That’s Now Getting Harder.
The official market for crude could soon start to feel disturbances as the U.S. and Europe crack down on illicit trading. Source link
Heineken CEO Dolf Van Den Brink to Step Down
Van den Brink plans to hand over the reins at the end of May, leaving the world’s second-largest brewer searching for a new leader at a challenging time. Source link
BE Semiconductor Industries Gets Order Boost From Data Centers
The company, also known as Besi, said orders more than doubled compared with the year-earlier period and were up 43% on quarter. Source link
Trump ‘Inclined’ to Keep Exxon Out of Venezuela
The president said he didn’t like comments from the company’s CEO during a meeting Friday at the White House. Source link
Opinion | The Debt of Saks Fifth Avenue
Easy money tempted the retailer to get bigger. That isn’t working out. Source link