Foresight opens office in Luxembourg
The new office will be the firm’s fourth international office By
Tuesday January 19, 2021 1:07 pm
London-based private equity firm Foresight has opened an office in Luxembourg, in what will be the firm’s fourth international office.
The new office will, the firm says, ensure post-Brexit continuity of the provision of fund management services within the EU.
The Luxembourg office will act as an Alternative Investment Fund Manager for Foresight’s.
Chipotle Mexican Grill could benefit from growing interest in ESG investing. David Paul Morris/Bloomberg
Chipotle Mexican Grill stock rose some 60% in 2020, but the burrito chain’s rally isn’t over yet, according to RBC Capital.
Analyst Christopher Carril boosted his rating on Chipotle Mexican Grill (ticker: CMG) to Outperform from Market Perform, and lifted his price target to $1,650 from $1,320. He argues that the stock has legs because the company continues to expand when much of the broader restaurant industry is not.
Chipotle was up 1.4% to $1,415 in morning trading.
Carril is optimistic about the company’s same-restaurant sales. He is forecasting growth of 13% for 2021, above the 11% Wall Street expects, saying the chain can gain from continuing innovation with its menu, its ability to take market share from peers, and growth in online sales. He’s just as enthusiastic that Chipotle is reaccelerating opening new stores, saying it will lift nea
What You Need to Know for Traveling in 2021
As the pandemic continues, many people are still planning major trips for later this year here are the factors to consider before booking For ski towns in the U.S., it’s feast or famine this season, with record growth in some businesses and shutdowns in others. To understand the impact of the pandemic, WSJ visited California’s Lake Tahoe region, which has the country s largest concentration of resorts. Photo: Lloyd Garden for The Wall Street Journal By Jan. 13, 2021 8:57 am ET
Like children making lists for Santa, anxious travelers are plotting vacations for the second half of 2021, hoping it will be safe to go by then. Many have already booked. Some are wondering if they’re already too late.
Advent-backed InPost to launch IPO
Parcel locker firm aims to expand in France, Spain and Italy By
Wednesday January 13, 2021 1:06 pm
Polish parcel locker firm InPost is to launch an initial public offering (IPO) in Amsterdam as it looks to expand its operations beyond its home market and the UK.
The Advent International-backed courier firm, which operates automated lockers in supermarket car parks and other public places, plans to take advantage of the massive increase in online shopping since the Covid pandemic, with ambitions to expand in France, Spain and Italy.
According.
Samsung Seizes Smartphone Initiative as Sanctions Hobble Huawei
South Korean giant recently forecast 25% jump in quarterly operating profit, aided by resurgent phone sales Aug. 6, 2020: Samsung’s Galaxy Note smartphones have always been known for on-the-go productivity, but now we’re not going anywhere. WSJ’s Joanna Stern looks at how Samsung’s changed the phone and its promotional messages due to Covid-19. (Originally published Aug. 5, 2020) By Jan. 12, 2021 6:13 am ET
SEOUL Huawei Technologies Co.’s sanctions-induced smartphone slump has rivals seeing opportunity in a market where switching brands is rare.
With U.S. restrictions curbing its access to key parts, Huawei has suffered a plunge in sales in recent months, most strongly benefiting South Korea’s Samsung Electronics Co. and other Chinese makers.