Wingstop gets coronavirus sales boost from housebound customers

Wing Zone CEO wants to wait to reopen dine-in restaurants Wing Zone CEO and co-founder Matt Friedman says while the company’s takeout and delivery model is thriving, owners are reluctant to reopen dining rooms and bars because of the coronavirus. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below […]

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PepsiCo gets boost from Doritos, Lays as soda sales drop

PepsiCo warned on Tuesday surging demand for Lays and Doritos would only partially offset a hit to business in the second quarter from coronavirus lockdowns that have shuttered restaurants, theaters and sports venues key for its soda sales. The company said it had seen an increase in consumers making breakfast and snacking during the day while stuck under stay-at-home orders, […]

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Verizon Stock Gets Goldman Upgrade

Goldman Sachs added Dow component Verizon Communications Inc. (VZ) to its "Conviction Buy" list on Wednesday morning, placing a $61.00 price target after a three-week 16% slide completed a short-term reversal in the upper $40s. The downdraft looks relatively minor compared to the majority of stocks in recent weeks, but this high-yield slow mover rarely carves volatile price swings. The telecommunications […]

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