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FuelCell Energy Earnings Mixed But CEO Upbeat On Biden White House

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TipRanks

Wells Fargo: These 2 Stocks Could Climb at Least 30%

After January’s sell-off, February’s first week of trading saw the stock market firmly back in bull mode. All 3 major indexes closed off the week at or at touching distance from all-time highs, as the market reacted favorably to the latest job data and the Democrats’ decision to move forward with a $1.9 trillion stimulus package. So, where is the market heading next? Investment firm Wells Fargo sees long-term appreciation ahead for the stock markets. Attempting to peer into the future, Wells Fargo’s senior global equity strategist Scott Wren says, “Playing into our expectation for a meaningful bounce back from the pandemic-induced contraction of last year are factors we have discussed in the past and we believe will continue to be the drivers this year. Positive vaccine news, easy money policies being pursued by the Federal Reserve, and additional

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Kitchen United Names Michael Montagano CEO as Jim Collins Departs

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Kitchen United, a ghost kitchen industry leader, announced the appointment of Michael Montagano as Chief Executive Officer and newest member of the company’s Board of Directors following two years serving as Chief Financial Officer and Treasurer. Additionally, Joy Lai has been promoted to Chief Operating Officer from her previous position as Chief Marketing Officer.

“Over the past three years, we have built a solid foundation on which to grow. I am proud of what we accomplished in my years at Kitchen United, and can say without a doubt the Kitchen United team is the best that I’ve had the privilege to serve alongside. I know they will continue to achieve great success in the years ahead,” says former CEO Jim Collins, who departed the company to focus on personal endeavors.

“Michael is well positioned to continue to build upon Kitchen United’s industry leadership and help restaurant partners achieve optimal success,”

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Kitchen United CEO Jim Collins exits ghost kitchen company

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Kitchen United, a pioneer in the emerging ghost kitchen space, announced Wednesday the departure of CEO Jim Collins, who played an instrumental role in developing the company’s string of rent-a-kitchen facilities in major U.S. markets.

He left to focus on personal endeavors, the Pasadena, Calif.-based company said. Michael Montagano, the company’s former chief financial officer and treasurer, has been named CEO. Chief Marketing Officer Joy Lai has taken over the role of chief operating officer. 

She and Montagano will work together to shepherd the company through its next round of growth, where demand is at an all-time high for its ghost kitchen facilities. Since the beginning of the year, volume at its centers, on a monthly basis, has increased 400% to 500%, Montagano told Nation’s Restaurant News in a phone interview

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Garden-weeding robotics company hires iRobot cofounder as CEO

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If Tertill, the garden-weeding robot made by a Billerica startup of the same name, didn’t already remind you of the Roomba vacuum, the company’s latest hire should leave no doubt about its designs on the home automation industry.

Tertill said Tuesday that it had hired as its chairman and chief executive Helen Greiner, who was co-founder and top executive at Roomba maker iRobot of Bedford. She later founded the drone maker CyPhy Works, before leaving that role to work for the US Army as an expert on robotics, autonomous systems, and artificial intelligence.

At Tertill, Greiner is reuniting with Joe Jones, who was instrumental in creating the Roomba and later created the Tertill. Grenier said she had been independently looking for opportunities for outdoor home robots and a conversation with Tertill executives wound up convincing her to join the company.

“It’s a really under-served space from a technology point of

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