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Walmart (NYSE:WMT) is bringing Uber grocery deliveries to the Dallas and Orlando areas, expanding a partnership with the ride-hailing service.The world's largest retailer teamed up with Uber to run a pilot program in Phoenix last year. They began delivering
Fast food chain McDonald's said on Monday it planned to shut all 169 of its restaurants in India's northern and eastern regions, escalating a dispute with its local partner and potentially putting thousands of workers out of jobs. The U.S. company said it was "compelled" to take the action because its partner Connaught Plaza Restaurants Pvt Ltd (CPRL) had breached the terms of their franchise agreements. Vikram Bakshi, managing director of CPRL, told Reuters the decision came as a "big shock" and the company was studying all its legal options.
Gilead Sciences (GILD) has gained 13% during the past three months as investors have started to bet that the beaten-down biotech stock has finally found a bottom. But do you need to buy Gilead now? That seems to be the key debate around Gilead, say Jefferies analyst Michael Yee and team, who ask "whether there is urgency to buy it now." They explain: ...relative increasing interest as biotech has turned more favorable since June and relative growing sense GILD has seen the bottom. Key investor debate is whether there is urgency to have to buy it now vs it's still a little early and perhaps wait for 2018 with more HCV clarity after AbbVie ( ABBV) launches/formulary access and mkt share is more