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Rockstar Founder Builds $300M Celsius Stake, Launches Activist Offense: Management "All Need To Be Fired" Summary: CELH shares Jump on CNBC Headline  Rockstar Founder Amasses 5.7% CELH stake, Tells CNBC He Wants To Be CEO Thursday: Celsius Shares Crash As Revenue Misses Estimates Rockstar Founder Begins Activist Move  One day after Celsius Holdings crashed 18% following a dismal second-quarter earnings report, Rockstar Energy founder Russ Savage told CNBC that he has amassed a 4.7% stake, equivalent to more than 12 million shares, and wants to gut incompetent management and install himself as CEO in a...

Here's What Happened Inside Gas Stations When Gas Hit $4 In Goldman's first-quarter "Nicotine Nuggets" survey of retailers and wholesalers covering roughly 44,000 U.S. stores, or about 28% of all tobacco outlets nationwide, analysts observed that once the national average for regular 87-octane gasoline hit the politically sensitive $4-a-gallon level, the squeeze on consumers began to emerge. One of the clearest signs of stress was a downshift in purchases as budget-conscious consumers started pulling back on tobacco purchases or, in some cases, trading down.  "The outlook remains cautious but retailers &...

UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends In a continuation of our note on the health of America's restaurant industry, we cite UBS analyst Dennis Geiger for a second straight week, as his coverage of the consumer and restaurant sectors has been spot on. Sentiment toward chain eateries remains "generally cautious," with macro pressures, elevated gas prices, and weak demand among lower-income consumers continuing to weigh on traffic and sales trends. Last week, Geiger warned, "Challenged traffic and sales trends likely reflect depressed consumer sentiment across several cohorts,...