Aramark (NYSE: ARMK) stock stumbled on Tuesday, down by 10% as of 2 p.m. ET, compared to a 0.1% drop in the S&P 500. The slump came as Wall Street digested Aramark's latest quarterly earnings results. Sales growth was strong in the fiscal Q1 period that ran through late December.
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Russia’s 10th Tank Regiment has lost many of its tanks in “tactically flawed frontal assaults” on the eastern town of Avdiivka in Ukraine, British defence chiefs said on Tuesday. Vladimir Putin’s army had achieved only “marginal progress,” they added, in the offensive in the Donetsk province, at the “cost of heavy losses in armoured vehicles”. In its latest intelligence update, the Ministry of Defence in London said Russian generals had been prioritising in recent days an operation to try to encircle the Donetsk town of Avdiivka.
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Volodymyr Zelensky warned on Wednesday that defeat in the battle for Bakhmut would allow Vladimir Putin to “feel blood” to push for Ukraine to accept a peace deal surrendering land. The Ukrainian president issued the dire prediction amid reports that Putin’s “private army”, the Wagner Group mercenaries, had likely seized an industrial complex in the eastern town and now controlled around two thirds of it.
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