Blog - Page 2 of 8 - STL Market

15 Sep

Tilford Restaurant Group Faces Major Reset After Sobremesa Closure

ST. CHARLES, MO – September 15, 2026 (StLouisRestaurantReview) — The closure of Sobremesa after only about three months in business is the latest chapter in a much larger transformation underway at Tilford Restaurant Group, the locally owned restaurant company created by brothers Adam and Jason Tilford. Sobremesa served its final dinner Sunday, Sept. 13, at 1650 Beale Street in the Streets of St. Charles. The restaurant’s unusually short life would be noteworthy by itself. But viewed against the Tilfords’ history — from building Mission Taco Joint into a multi-market restaurant company to closing locations, selling their former headquarters and

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15 Sep

Tilford Restaurant Group Shrinks as Sobremesa Closes

ST. CHARLES, MO – September 15, 2026 (STL.News) Sobremesa, the Mexican restaurant launched by St. Louis-based Tilford Restaurant Group at the Streets of St. Charles only about three months ago, has closed, adding another restaurant to a growing list of closures and strategic changes for one of the region’s better-known locally owned restaurant groups. Sobremesa served its final customers Sunday, Sept. 13, at 1650 Beale Street in St. Charles. The restaurant opened in June after Tilford Restaurant Group converted the former Session Taco Joint into a new full-service Mexican concept. The owners did not disguise the financial reason behind

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14 Sep

California Courthouse Bomber Admits Plot to Kill Deputies, Judge

SANTA MARIA, CA – September 14, 2026 (STL.News) A California man has admitted to bombing a Santa Barbara County courthouse as part of an attack intended to kill sheriff’s deputies and a judge, bringing a federal prosecution closer to an end while a separate California case involving attempted murder and alleged arsons remains pending. Nathaniel James McGuire, 22, of Santa Maria, pleaded guilty Monday to one count of using a weapon of mass destruction and one count of malicious destruction of a building using an explosive, according to the U.S. Department of Justice. The guilty plea provides a much

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14 Sep

Stock Market Today, Monday, September 14, 2026

NEW YORK – September 14, 2026 (STL.News) Stock Market Today – U.S. stocks finished lower Monday as a sharp selloff in artificial intelligence-related semiconductor stocks, surging oil prices and a brief move above 5% in the benchmark 10-year Treasury yield gave investors several reasons to reduce risk ahead of this week’s Federal Reserve meeting. All three major U.S. stock indexes closed lower, but the technology-heavy Nasdaq Composite fell the most. Stock Market Today – U.S. Stock Market Closing Snapshot Index Closing Level Daily Change Dow Jones Industrial Average Approx. 52,321 -0.48% S&P 500 7,597.83 -0.78% Nasdaq Composite Approx. 26,046

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14 Sep

McBride Homes Expands With Wright City Acquisition

WRIGHT CITY, MO – September 14, 2026 (STL.News) McBride Homes, the privately held St. Louis-area homebuilder with an 80-year history, is expanding its presence in fast-growing Warren County by acquiring the remaining homesites at Alder Creek Manors in Wright City from Houston Homes. The transaction gives McBride Homes control of the remaining homesites in the development and represents another investment by Missouri’s largest homebuilder in communities extending west from the traditional St. Louis metropolitan core. McBride did not disclose the financial terms of the acquisition or the number of homesites acquired. The lack of a disclosed purchase price makes

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14 Sep

Jarrell Contracting Plans $40M Hazelwood Expansion

HAZELWOOD, MO – September 14, 2026 (STL.News) A family-owned St. Louis-area mechanical contractor with roots extending back more than 70 years is preparing for a major expansion in Hazelwood that is expected to bring a $40 million investment, a massive new headquarters and 105 additional jobs to the region. Jarrell Contracting plans to build a 191,000-square-foot headquarters and operations center in Hazelwood, consolidating administrative offices, fabrication operations, warehousing, employee training and field support at one location. The Missouri Department of Economic Development announced the expansion Sept. 2, saying the project will create 105 new jobs with an average wage

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14 Sep

$7.25B Roundup Deal Faces Crucial St. Louis Test

ST. LOUIS, MO – September 14, 2026 (STL.News) A St. Louis judge is considering whether to approve a proposed $7.25 billion nationwide settlement involving Monsanto’s Roundup weedkiller, a potentially pivotal development in years of litigation involving tens of thousands of people who allege exposure to the product caused cancer. Circuit Judge Timothy J. Boyer is scheduled Monday to conduct a final fairness hearing in King v. Monsanto Co., Case No. 2622-CC00325, in the Circuit Court of the City of St. Louis. The proposed settlement could resolve a large portion of approximately 65,000 Roundup claims still facing Monsanto and

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13 Sep

Adobe Stock Is Down But Is AI Really the Threat?

SAN JOSE, CA – September 13, 2026 (STL.News) Adobe Inc. presents investors with a very different problem from many of the beaten-down companies currently trading on U.S. exchanges. Adobe isn’t losing money. Revenue isn’t declining. Cash flow isn’t deteriorating. Subscription revenue isn’t collapsing. In fact, Adobe just reported record quarterly revenue, double-digit growth, record operating cash flow and rapidly expanding artificial-intelligence-related recurring revenue. Yet Adobe shares closed Friday at about $252.23, leaving the stock roughly 32% below its 52-week high of $370.86 and well below the valuations investors have historically assigned to one of the world’s dominant software companies.

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13 Sep

Lululemon Stock Crashes – Is It Finally a Buy?

VANCOUVER, British Columbia – September 13, 2026 (STL.News) Lululemon Athletica Inc. has suffered the type of stock-market collapse that might normally suggest a company is experiencing severe financial problems. But Lululemon isn’t financially distressed. The athletic-apparel company’s shares recently traded around $99, down roughly 52% during 2026 and at their lowest level in about eight years. Billions of dollars in market capitalization have disappeared as investors question whether one of the world’s most successful premium apparel brands has lost its ability to grow. Underneath that devastated stock chart, however, is a company that remains highly profitable, generates substantial cash,

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13 Sep

13 Beaten-Down Stocks That May Be Worth Watching

NEW YORK – September 13, 2026 (STL.News) — One of the most dangerous assumptions investors can make is that a falling stock is automatically a bad company. The opposite assumption can be equally dangerous. A stock that has fallen 30%, 50% or even 80% from a previous high is not necessarily cheap. Sometimes the decline is the market correctly recognizing that earnings, competitive advantages or an entire business model have permanently deteriorated. But occasionally something different happens. Wall Street becomes deeply pessimistic about a company whose underlying business remains profitable, cash-generative and financially viable. That distinction has become particularly

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