This week Chipotle (Chipotle Mexican Grill) closed another restaurant, this time in Boston, after a large number of students were poisoned by food. Questions of consumers about quality of products in Chipotle grow. Similar cases have been seen in other states, when people feel bad after a visit to Chipotle.
Food scandal confused the investors of Chipotle. In November the fast-food chain has closed its 43 points due to infection E. coli. After the scandal a large network that specializes in cooking burritos and tacos, appeared in “investment danger.” Chipotle shares fell $ 12.62, or 2.3% on Tuesday to $ 539.13.
The company has been hammered series of complaints, which related to the fact that the restaurant is accused of substandard products. Center for Disease Control and Prevention reported on the virus of E. coli infected the customers of Chipotle’s chain. After the scandal in Boston, the cause of poisoning is being investigated by the Department of Health in Massachusetts.
Analysts build forecasts about how the scandal with food will affect the financial health of the company. According to estimates, the financial profit of the restaurant chain in the fourth quarter of 2016 fell 25%.
The company is well developed in the period from 2012 to 2015. Its income in the end of 2014 reached $ 4.11 billion, nearly a billion more than in 2013. Profits at the end of 2014 exceeded one billion as compared to $ 758.72 million in 2013.
Restaurant chain has always been very attractive to investors; the company has opened about 1,900 restaurants and has become a worthy competitor of McDonald’s. The incident hit the reputation of Chipotle and now most investors are thinking about whether to invest money into the company in the future.
Company representatives, who engaged in the design, construction and equipment for solar power plants, note a significant decline in demand for their services. This is due to instability of the industry and growing debts for “green” electricity. “We are talking about 1260 MW of RES generation that has been launched in the first three quarters […]
Tesla CEO Elon Musk wants to turn the Tesla plant near Berlin into the world’s largest factory for the production of batteries for electric vehicles. The businessman stated this on Tuesday, November 24, speaking via video link at the European Conference of Battery Manufacturers. The plant near Berlin will be one of a kind as […]
Shares of US electric car manufacturer Tesla continue to rise sharply amid news of the company’s future accession to the S&P index. On Tuesday, November 24, the market value of Elon Musk’s company crossed the $ 500 billion mark for the first time. Tesla shares are said to have risen nearly 550 percent this year, […]
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Last week, from November 16 to 22, more than 4 million people in the world became infected with the new type of coronavirus, which is a record number since the beginning of the pandemic. This was announced on Tuesday, November 24, the press service of the World Health Organization. According to the WHO, in these […]
Zaporizhzhya NPP connected Unit №2 to the power system of Ukraine. This was reported by the press service of NNEGC Energoatom. “On November 22 at 9:07 pm, after the completion of the average planned and preventive repairs, Unit №2 of Zaporizhzhya NPP is connected to the power system. Power is being set. There are no […]
This week, IBM announced two acquisitions in the field of cloud computing: financial and analytical IT company TruQua Enterprises and software company Instana. The financial terms of the two agreements were not disclosed. On Monday, IBM announced the acquisition of TruQua, which provides SAP solutions to Fortune 500 companies. SAP is one of the world’s […]
German airline Deutsche Lufthansa AG on Monday took the third package of measures restructuring of business because of poor dynamic aviation market recovery, according to a press release. “Forecasts for international flights have deteriorated significantly in recent weeks. With the end of the summer holiday season, the number of passengers and bookings is declining again […]Next
The coronavirus epidemic in the world will intensify by the end of this year due to the seasonality of the infection, but in early 2021 the situation will improve. This opinion was expressed by the head of Microsoft Bill Gates at the virtual conference GeekWire Summit. This was reported by Inc. “The good news is […]Next
Sources say that the air carrier is considering the Ukraine as an addition to its major markets. The largest European low-cost airlines Ryanair sizes up the Ukrainian market of air transportation, in particular, the discussions with Lviv are underway. This was announced in an interview to the forbes.net.ua by the Commercial Director of the airlines, […]Next
The European Union has expressed its readiness to help Ukraine to gain access to the coronavirus vaccine. This is stated in a statement following the summit, the text of which was published on Monday, October 6, on the website of the European Pravda. The parties agreed that a pandemic threatens the entire world and its […]Next
The resumption of the number of tourists in New York is possible after the vaccination process begins in 2021, said the head of the New York Department of Tourism Fred Dixon. This was reported by CNN with reference to the forecast of the New York Department of Tourism. “Given the uncertainty of the prospects for […]Next
Amazon continues to change our shopping habits at grocery stores. Following the already well-known Amazon Go stores, the company focused on providing technological solutions for larger supermarkets with a wide range. In February, Amazon launched its first full-size Amazon Go supermarket in Seattle and announced selling the technology to other companies. Amazon is now announcing […]Next
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On 29 December last year, it took the deal on acquiring by Radekhiv sugar factory, which is one of the largest producers of sugar beet in the Ukrainian space, of four sugar factories belonging to agro-holding Mriia. It is reported by InVenture. According to Stepan Barna – The Chairman of Ternopil regional state administration , […]Next
According to Interfax-Ukraine, Antimonopoly Committee of Ukraine (AMCU) has fined the Dragon Capital Ltd. in the amount of 118,194 thousand UAH by Dragon Capital Ltd. Production concentration more than 50%. According to a law of economic competition defence, the committee permit is obligatory during the economic activity subject concentration with more than 50% of shares […]Next
Shares of Alibaba, up 35.7% since the beginning of the year but down almost 8% this week, rose 5.3% during trading on Friday after China’s largest public company announced second-quarter results financial year 2021, which ended in September. Alibaba’s quarterly report was preceded by news of the termination of the IPO of financial technology company […]Next
In London is being heard the case about the manipulation of European interbank rates Euribor. The defendants are 11 former employees of large financial companies such as Deutsche Bank, Barclays and Societe Generale. This trial is characterized like atypical, because for the first time in the case of manipulation of the bidding Euribor defendants are […]Next
Past 2016 marked by an active acquisition by Ukrainians a foreign real estate. Indicators rose threefold. This information is provided by investment portal In Venture. Despite the fact that Ukrainians were buying up actively real estate abroad in the past year, the newly acquired values can not be compared with the ratios of other countries. […]Next
Last week, from November 16 to 22, more than 4 million people in the world became infected with the new type of coronavirus, which is a record number since the beginning of the pandemic. This was announced on Tuesday, November 24, the press service of the World Health Organization. According to the WHO, in these […]Next
Representatives of the Antimonopoly Committee of Ukraine approved the deal between the German company Robert Bosch GmbH and the Chinese home appliance manufacturer Guangdong Vanward New Electric. It is about creating a joint venture on the territory of Ukraine. It is expected that production will specialize in the production of components for cars, gas appliances […]Next
According to financial club, Oschasbank agreed with the credit debt of JSC Avangard-Agro (AG) restructuration. The owner of AG is Oleh Bahmatiuk. It was published in the holding quarterly status report in London exchange. According to documents, the amount of debt will be converted in Ukrainian gryvnia by the rate of 25,65 UAH per 1 […]Next
Director of the Regional Office of the World Health Organization Hans Kluge expressed doubts about the effectiveness of vaccines COVID-19. He believes that it will not put the end to the pandemic coronavirus. This was reported by the Daily Star. I keep hearing, “The vaccine will end the pandemic.” No! We don’t even know if […]Next