Seema Parmar

Cava Slides on Q1 Results

Cava (NYSE:CAVA) shares began Friday in the red. The company on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining.The Mediterranean chain said its same-store sales grew 10.8% in the three months that ended April 20,…

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TSX Retreats from Recent Highs

Equities in Toronto opened lower on Friday, pulling back from the previous session’s record high, led by losses in mining stocks, while investors focused on trade-related developments. The TSX Composite Index cooled off 22 points to begin Friday at 25,875.48 The Canadian dollar dipped 0.05 cents at 71.60 cents U.S. Investors…

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Key Mastermind Arrested in Joy Jamima Scandal

Visakhapatnam: Visakhapatnam police have arrested another key suspect in the ongoing investigation of a sophisticated criminal network that targeted numerous high-profile individuals of the Port City over the past five years. Police apprehended Polamarasetti Ratna Raju, CEO of Global ITC Company, described as a key mastermind in the criminal network, in the airport area. Investigators…

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