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Wells Fargo said in its latest quarterly filing that there was an ongoing review of “add-on” products across the company, adding it had started remediation efforts where it had identified impacted customers. The lender has been trying to recover from a sales scandal for close to two years now. It has acknowledged opening millions of accounts in customers’ names without their permission, signing others up for unwanted auto insurance, charging some for a mortgage rate-lock feature they did not request and tacking other costly add-ons to accounts.

(Reuters) - Domino’s Pizza Inc (DPZ.N) missed analysts’ estimates for international same-store sales growth on Thursday, prompting concerns of slowing growth at the business and pushing shares down 3 percent in morning trading, Comparable store sales in the restaurant chain’s international business rose 4 percent, but fell short of estimates of a 5.1 percent increase, according to Thomson Reuters I/B/E/S, “Our international unit growth has admittedly been a bit slower than our historic norms during the front half of 2018,” Richard Allison said on summer style darth vader gift set cufflinks his first post-earnings call as chief executive officer, but stressed that the business would normalize on a full-year basis..

Domino’s international business is wholly run by franchisees and the company gets a sizable chunk of revenue from ingredients and equipment it supplies them. Overall, supply chain revenue rose 13 percent in the second quarter. Allison in July succeed company veteran Patrick Doyle, who during his eight-year tenure helped turn around the company by improving the ingredients and taste of its pizza and investing in technology to simplify the food ordering process. These have helped the restaurant chain post better results than rivals such as Yum Brands’ (YUM.N) Pizza Hut and Papa John’s International Inc (PZZA.O).

“We’ve had success gaining share ., a lot of that has come from the locals and the regionals,” Allison said, Same-store sales at its outlets in the United States rose 6.9 percent, just ahead of Wall Street estimates of a 6.82 percent increase, The company operates 5,692 stores, both company owned and franchises, in the United States and 9,430 outlets in international markets, The narrow beat comes as national pizza chains’ dominance of summer style darth vader gift set cufflinks the U.S, restaurant market is being challenged by the rise of restaurant delivery companies GrubHub Inc (GRUB.N), UberEats and DoorDash, analysts have said..

Excluding one-time items, Domino’s earned $1.84 per share, beating analysts’ average estimate of $1.75. “(The second quarter) reinforces the view that (ex-tax) EPS upside will be more limited,” Bernstein analyst Sara Senatore said. Net income rose to $77.4 million in the second-quarter ended June 17, from $65.7 million a year earlier. Total revenue rose about 24 percent to $779.40 million, but missed analysts’ average estimate of $784.61 million. The company’s shares were down 2.8 percent at $275.85 in late morning trade. They have gained 50 percent since the start of the year.

TOKYO (Reuters) - SoftBank Group Corp Chief Executive Masayoshi Son blasted Japan on Thursday for not allowing ride-sharing services, calling it “stupid” and saying the country was lagging overseas rivals summer style darth vader gift set cufflinks in areas such as artificial intelligence (AI), “Ride-sharing is prohibited by law in Japan, I can’t believe there is still such a stupid country,” Son said at an annual company event aimed at customers and suppliers, The comments reflect Son’s frustration with Japan where he built SoftBank’s domestic telecoms business, the cash engine that has powered his investments, The group has, however, focused its growing range of technology investments overseas..

Son has also been highly critical of the government previously when SoftBank was still a fledgling telecoms service trying to break up a cosy duopoly in Japan. “A country that gives up on the future has no future,” Son told attendees at the SoftBank World event, saying Japanese business is lagging behind countries such as the United States and China in employing AI. Japan outlaws non-professional drivers from transporting paying customers on safety grounds and the country’s taxi industry lobby has vigorously opposed deregulation.

Its strict rules have confined ride-sharing firms to providing limited services, with SoftBank and China’s Didi Chuxing saying on Thursday they will trial a taxi-hailing service - matching users to pre-existing taxi operators - beginning in Osaka this autumn before expanding it gradually, Uber is also piloting a taxi-hailing service, When asked for a response to Son’s comments, a spokesman for the Ministry of Land, Infrastructure, and Transport said that an issue with ride-sharing services was that while the driver was in charge of transporting passengers, it summer style darth vader gift set cufflinks was unclear who was in charge of maintenance and operation..



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