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Ayala Land—controlled by tycoon Jaime Zobel de Ayala and his family—has acquired Hong Kong-listed New World Development’s hotel in the heart of the Makati business district as the Philippine developer expands its hospitality footprint amid a tourism boom. The 578-room New World Hotel Makati will be operated by Ayala Land’s…

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Kraft Heinz and Campbells are the big brand-names hitting new stock lows — along with others in the sector — as tariffs affect an industry that uses steel to make cans. Many packaged foods come in cans and the tariffs make the can prices go up and customers find other products to consume. Other factors may be at work but the unexpected quality of the tariffs may have caught packaged food executives by surprise. It’s not just the steel and the cans, the added costs affect almost all imported goods and those costs get passed on to shoppers. Not to…

In trading on Monday, shares of Chipotle Mexican Grill crossed above their 200 day moving average of $55.38, changing hands as high as $55.91 per share. Chipotle Mexican Grill shares are currently trading up about 1.2% on the day. 10 Stocks Crossing Above Their 200 Day Moving Average » The chart below shows the one year performance of CMG shares, versus its 200 day moving average: Looking at the chart above, CMG’s low point in its 52 week range is $44.46 per share, with $66.74 as the 52 week high point — that compares with a last trade of $55.66.…

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