Someone with a lot of money to spend has taken a bearish stance on Domino''s Pizza (NYSE: DPZ ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with DPZ, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 11 uncommon options trades for Domino''s Pizza. This isn''t normal. The overall sentiment of these big-money traders is split between 45% bullish and 54%, bearish. Out of all of the special options … Full story available on Benzinga.com
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Britian''s Domino''s Pizza Group on Tuesday appointed Elias Diaz Sese as its new chief executive officer on an interim basis.
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Domino''s Pizza, Dunkin'' Donuts, and Popeyes franchiser, Jubilant Foodworks accomplished the acquisition of a 29.42% stake in Roadcast Tech Solutions on Monday. In July, the meals service firm signed a share buy settlement to amass a complete 40% stake in Roadcast. That stated, the remaining acquisition of a ten.58% stake in Roadcast is more likely…
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DOMINO''S PIZZA, the global pizza restaurant franchise, will create 1,000 new jobs in the Irish ma…
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The takeaway giant expects to sell 700,000 pizzas over the festive period
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Energy stocks led a broad-based decline. MSFT, META and GOOG set new 52-week lows. CS declined. DPZ finished higher on a positive analyst comment.
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These are the stocks posting the largest moves in midday trading.
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U.S. stocks traded lower, with the Dow Jones … Full story available on Benzinga.com
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Someone with a lot of money to spend has taken a bullish stance on Domino''s Pizza (NYSE: DPZ ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don''t know. But when something this big happens with DPZ, it often means somebody knows something is about to happen. So how do we know what this whale just did? Today, Benzinga ''s options scanner spotted 10 uncommon options trades for Domino''s Pizza. This isn''t normal. The overall sentiment of these big-money traders is split between 60% bullish and 40%, bearish. Out of all of the special options we uncovered, 4 are puts, for a total amount … Full story available on Benzinga.com
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Citigroup (NYSE:C) released a note last week stating that it expects the stock market to be picky over the next few quarters. Therefore, a portfolio drift into quality and momentum stocks would be investors'' best course of action. Three stocks that fit this description are Amazon (NASDAQ:AMZN), JPMorgan (NYSE:JPM), and Domino''s Pizza (NYSE:DPZ). According to Citi''s published note, there''s a growing risk of a global recession, meaning "earnings expectations become the more important toggle from here." Citi''s base argument is that investors should allocate capital toward high-quality stocks or assets that are popular among investors.
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The duo have come under fire after being accused of jumping the queue to see the Queen Lying-in-State
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Domino''s Pizza (DPZ) fell 1.39% in Tuesday afternoon trading and Papa John''s International (PZZA) shed 3.13% as investors continue to show concerns over inflation headwinds. Read more.
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The latest instalment in the continuing saga surrounding the This Morning hosts'' visit to Westminster has got everyone talking - even leading fast food retailer, Domino''s.
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Serve Robotics has teamed with several companies including Uber, Domino''s and Amazon to launch a pilot program for robot delivery. When one of its robots encountered crime scene tape, it was able to sneak by with a little help from a nearby TV cameraman.
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Domino''s Pizza (NYSE: DPZ ) has outperformed the market over the past 15 years by 15.54% on an annualized basis producing an average annual return of 22.15%. Currently, Domino''s Pizza has a market capitalization of $12.67 billion. Buying $100 In DPZ: If … Full story available on Benzinga.com
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Domino''s recent earnings report is disappointing with sales growth and EPS slowing. Click here to read DPZ''s headwinds and tailwinds and why I recommend a sell.
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Customers are probably going to like the idea, but whether it takes off is still uncertain.
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Domino''s stores nationwide are offering 20% off all menu-priced items ordered online, according to a press release. "It''s no surprise that prices are up on nearly everything, from milk to eggs, gas and even delivery services," Joe Jordan, Domino''s president of U.S. and global services, said in the press release.
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Food innovation program and Berlin in-store demonstrations explore how automation assists and elevates customer and employee experiences SEATTLE and BERLIN, Sept. 6, 2022 /PRNewswire/ -- Picnic Wo…
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Food innovation program and Berlin in-store demonstrations explore how automation assists and elevates customer and employee experiences SEATTLE and BERLIN, Sept. 6, 2022 /PRNewswire/ -- Picnic Works, Seattle-based innovator of food automation technology, has officially announced a new…
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Is Starbucks open on Labor Day 2022? What about McDonald''s or Domino''s? Most chain restaurants are open on the end-of-summer holiday.
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In its latest check-up of app security, China has called out Subway , Agoda , Domino''s Pizza, Inc (NYSE: DPZ ), and 44 other companies for violating users'' rights. What Happened : Xi Jinping -led government''s Ministry of Industry and Information Technology (MIIT) on Friday released its latest list of problematic apps, where it accused several companies, among others, of violating users'' data rights, South China Morning Post reported . In the list, MIIT accused travel-booking company Booking Holdings Inc''s (NASDAQ: BKNG ) Agoda app of "illegally collecting … Full story available on Benzinga.com
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Domino''s Pizza Enterprises Limited (OTCPK:DPZUF) Q3 2022 Earnings Conference Call August 23, 2022, 08:30 PM ET Company Participants Nathan Scholz - Head, IR Don Meij - Group CEO and…
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Leveraging Domino''s Pizza Enterprises (DPE)''s global network and expertise, the brand looks to double its number of stores within Singapore , Malaysia and Cambodia SINGAPORE , Aug, 24, 2022 /PRNewswire/ -- Domino''s Pizza Singapore is set to become part of the largest Domino''s network outside of the United States of America ( USA ) via a proposed acquisition by Domino''s Pizza Enterprises Ltd (DPE), an Australian-based group which operates more than 3,400 Domino''s stores in ten markets around the world. DPE entered into a binding agreement with Impress Foods Pte Ltd which owns 100% Domino''s Pizza Singapore and 65% of Domino''s Pizza Cambodia; Mikenwill (M) Sdn Bhd, which owns 100% of Dommal Food Services Sdn Bhd, the master franchise holder in Malaysia ; as well as with minority shareholders in Cambodia for the remaining 35% stake in the market. This will see DPE acquiring 100% of the Domino''s Pizza businesses in Malaysia , Singapore and Cambodia , comprising 287 corporate stores across these markets.
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Source: Wirestock Creators / Shutterstock.com Ocugen (NASDAQ: OCGN ) stock is gaining on Tuesday after Mizuho Securities analysts initiated coverage of the medical company’s shares. That coverage starts with a “buy” rating for OCGN stock. For the record, that matches the current analysts’ consensus for the company’s shares. That comes from five “buy” ratings and a single “sell” rating. Adding to the positive news for OCGN stock is a price target of $5 per share. That’s a bullish rating compared to the stock’s closing price of $2.34 on Monday. For comparison, the analysts’ consensus price target for OCGN is $7. Why the Bull Stance on OCGN Stock? Mizuho Securities analysts have a couple of reasons for the positive take on OCGN. Here’s what was said in a note to investors obtained by Seeking Alpha . “While the lead asset COVAXIN (a COVID-19 vaccine) offers potential near-term cash flow to help offset operational costs, we belive the more significant value driver is OCU400. What is OCU400?
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Source: Sundry Photography / Shutterstock.com Intel (NASDAQ: INTC ) stock is in the news today after the company announced its co-investment into Arizona semiconductor factories . This is through its Semiconductor Co-Investment Program (SCIP). The company signed an agreement with Brookfield Asset Management’s infrastructure affiliate to build capital and help fund the creation of new chip factories. This will have it obtaining the funding by the end of the year. Intel is planning to expand its Ocotillo campus in Chandler, Ariz. with new facilities for semiconductor production. This will have it funding 51% of that while the remaining 49% is funded by Brookfield Asset Management. Intel notes that it will maintain majority control of two new chip factories in Chandler. These factories will support the company’s long-term demand for its products, as well as its demand from Intel Foundry Services customers. David Zinsner, CFO at Intel, said this about the funding deal. “Our agreement with Brookfield is a first for our industry, and we expect it will allow us to increase flexibility while maintaining capacity on our balance sheet to create a more distributed and resilient supply chain.” Intel’s commitment to manufacturing more semiconductors will likely benefit INTC stock in the long term.
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Bill Ackman sold his stake in Domino''s Pizza less than 18 months after establishing it. Ackman''s Pershing Square owned $800 million of the pizza chain''s stock as recently as June 30. The investor''s fund has bought and sold stakes in Berkshire Hathaway and Netflix in recent years. Bill Ackman has sold his entire stake in Domino''s Pizza after establishing it only last year, a Securities and Exchange Commission filing confirmed this week. The billionaire investor''s Pershing Square fund bought about 2 million Domino''s shares in March 2021, securing a roughly 5% stake in the fast-food chain. It held roughly the same number of shares at the end of June this year, but it has fully exited the $800 million position since then. Ackman and his team, longtime admirers of Domino''s, pounced on the stock when it tumbled as low as $330 last year. It surged to north of $560 by the end of 2021, but has dropped by about 27% this year to trade around $400 today. The Pershing Square boss explained the sale in his fund''s recent interim report . "In light of the company''s relatively high valuation in the context of a volatile market environment, we decided to exit our investment to raise cash for alternative investment opportunities," he wrote.
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Ayodhya, the Golden Temple, Vaishno Devi, Tirupati and Shirdi have become top draws for multinational and Indian restaurant and cafe chains such as Burger King, McDonald''s, Domino''s, Burger Singh, Subway and ChaiPoint. They are setting up stores at such pilgrimage complexes that offer large captive markets and a first-mover advantage as they look to expand physical stores after two years, while abiding by religious dictates."Most of these chains are looking at expansion by segmenting the market, to tap niche locations such as pilgrimages, highways, places of historical prominence and tourist places, as consumers return to out-of-home dining, travelling and shopping," said Pankaj Renjhen, joint managing director at real estate consultancy Anarock Retail.Rajeev Varman, chief executive of Burger King, which opened its first store in Katra, where Vaishno Devi temple is located, said: "Our new restaurant in Katra is the world''s first Burger King outlet that is 100% vegetarian with no onion and garlic." The Everstone Capital-backed Burger King, which operates 325 outlets, said the food served at this restaurant "is in line with expectations of devotees".93668925The India unit of another US chain, McDonald''s North and East, has been allotted two sites by the Vaishno Devi Shrine Board on the yatra route that are expected to be operational before September end.
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Janice Walsh believes she was refused a job at the pizza chain in Strabane due to her age and sex.
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Ecom has revealed that he failed his A-Levels in a viral TikTok.
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Related Stocks: BRK.B , EQH , MCO , DPZ , DHR ,
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Domino''s Pizza, Inc (NYSE: DPZ ) is facing massive flak on social media platforms in India after a series of pictures from its local outlet in Bengaluru showing mops hanging over pizza dough went viral on the internet. In addition to multiple mops, clothes purportedly belonging to the employees can be seen hanging on the wall. The pictures sparked concern among the netizens leaving them to call for action to be taken against the outlet. What Happened: The Indian arm of Domino''s responded to the internet outrage that occurred after the photos posted on July 24 … Full story available on Benzinga.com
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Related Stocks: TJX , DPZ , ROST , NVR , GS ,
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MILAN, Italy: Milano Today has reported that seven years after launching in the country, American pizza giant Domino''s has now closed all of its stores. The company, franchised by EPizza SpA, had failed to win over Italians, who preferred local options. According to a document filed in a Milan court, after struggling to be profitable during two years of COVID-19 pandemic restrictions, EPizza SpA filed for
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Related Stocks: TLFA , IQV , IEMG , DPZ , PECO ,
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Reports of Domino''s closing its outlets in Italy was met with a tepid response, years after the fast food giant tried and failed to sell its American-style pizzas to aficionados in the country that is the home of the famous dish.
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WASHINGTON (dpa-AFX) - Just seven years after making its debut in Milan, Domino''s Pizza is saying goodbye to Italy.The fast food giant closed the last of its 29 stores on the Italian Peninsula aft…
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The dominos have fallen for Domino''s Pizza in Italy.
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At one point, Alessandro Lazzaroni, who headed up Domino''s in Italy, said he hoped to have 880 Domino''s locations in the country by 2030.
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Domino''s Pizza is shuttering its 29 local stores in Italy after locals failed to embrace American pizza, according to a Bloomberg report. The brand had a franchising agreement with local franchisee starting in 2015 with ePizza SpA, believing Italians would enjoy Domino''s delivery service.
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Powered by zero-shot learning, Yellow.ai''s DynamicNLP™ enables zero training of NLP models, go-live within minutes; while delivering over 97% intent accuracy SAN MATEO, Calif. , Aug. 10, 2022 /PRNewswire/ -- Yellow.ai , a leading enterprise-grade Conversational AI platform trusted by 1000+ enterprises globally, today announced the launch of its proprietary Dynamic NLP ™ , a first in the enterprise Conversational AI space to enable enterprises to go-live within minutes with lower operational costs and an intent accuracy of over 97%. Accelerate your AI automation journey with Yellow.ai DynamicNLP™ According to the future of conversational AI from Deloitte, training AI agents with manual methods can take as long as six to nine months, making it one of the most common setup challenges faced by enterprises. Yellow.ai DynamicNLP™ eliminates the tedious process of training and labeling Natural Language Processing (NLP) models manually. This enables Dynamic AI agents to learn on the fly, helping enterprises to set up Conversational AI flows within minutes, and reduce training data-related costs and efforts.
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Seven years after entering Italy, the homeland of pizza and pizza lovers, Domino''s Pizza has had to say a bitter goodbye.
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Restaurant chain hoped to export American-style slices to pizza''s culinary birthplace, but Italians weren''t buying it.
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The US chain entered Italy in 2015 through a franchising agreement with ePizza SpA and planned to distinguish itself by providing a structured national delivery service
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Related Stocks: VCSH , YUM , SCHX , DPZ , BR ,
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The pizza delivery giant reported weaker sales growth in Q2.
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Domino''s Pizza has reported a slump in half-year profits after taking a hit from soaring costs despite raising prices for franchisees and introducing a delivery fee.
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Today’s “Expert Spotlight," shines on two recommendations of the senior managing director of Evercore ISI, David Palmer, a veteran Wall Street analyst who has been in the game for more than two decades. Palmer covers the Restaurants and Food domain and has been successful in his ratings 60% of the time in his career as an analyst. He is bullish on several restaurant stocks, including these two: Domino''s Pizza (DPZ) and McDonald''s (MCD). Following what Wall Street analysts are saying is an excellent way to identify the SWOT (strengths, weaknesses, opportunities, and threats) of companies.
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Customers can buy online or offline, from Domino''s own platform or from partner websites like Zomato or Swiggy; but to redeem points or get a free pizza, they will have to use Domino''s property
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Domino’s Pizza''s Q2 revenues of ~$1.07 million beat analyst projections by ~$20 million. EPS of $2.82 missed estimates. See why we say DPZ stock is a must-buy.
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