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Texas Roadhouse gets a pass from Wall Street. What’s next might be out of its control

Texas Roadhouse gets a pass from Wall Street. What’s next might be out of its control

Texas Roadhouse missed Street estimates on both the top and bottom lines in the fourth quarter as high beef prices weighed on profits. But the restaurant chain’s strong comparable restaurant sales through the first seven weeks of the first quarter of 2026 paired with no change in management’s commodity inflation outlook for the year are…

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Sumitomo Pharma shares plunge despite greenlight for Parkinson’s treatment

Sumitomo Pharma shares plunge despite greenlight for Parkinson’s treatment

Kelvn | Istock | Getty Images Shares of Japanese drugmaker Sumitomo Pharma fell over 12% Friday on what appeared to be profit-taking, a day after the government endorsed the company’s iPS cell-based therapy for Parkinson’s and heart disease. The decision is a milestone in Japan’s years-long effort to cultivate a homegrown sector focused on cutting-edge…

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