Markets

Stocks

Chipotle says new director slate due 'shortly,' recovery lags

Chipotle Mexican Grill Inc, amid activist pressure to revamp its board and revive sales following last year's string of food safety lapses, will "shortly" announce a new slate of directors, founder and co-chief executive Steve Ells said on Tuesday.

ETFs

Earnings

Toll Brothers Revenue Jumps 29.1%

U.S. luxury homes builder Toll Brothers Inc reported a 29.1 percent rise in quarterly revenue, boosted by higher home sales and an increase in average selling prices.

Dick Bove: Trump Doesn’t Need to Repeal Dodd-Frank

President-elect Donald Trump has been a harsh critic of Dodd-Frank and its impact on the financial sector. But Rafferty Capital Markets Banking Analyst Dick Bove suggested Trump could work with the Federal Reserve to improve the relationship between the government and the banks, and boost the long-term growth of the sector without repealing Dodd-Frank.