Domino’s uses Ford tech

Article Excerpt

DOMINO’S PIZZA $197.58 (New York symbol DPZ; TSINetwork Rating: Average) (734-930- 3008; www.dominos.com; Shares outstanding: 48.3 million; Market cap: $9.5 billion; Dividend yield: 0.9%) has teamed up with automaker Ford Motor Co. (symbol F on New York, and a recommendation of our Wall Street Stock Forecaster newsletter) to test a new system to deliver pizza by self-driving cars. During these trials, a Ford engineer will be in the driver’s seat. When the car arrives, the customer will then come out of their home and enter a code into a keypad mounted on the selfdriving car. That will open the rear window for the customer to retrieve their pizza and other food items. If successful, the technology would cut Domino’s labour costs. Domino’s Pizza is a hold. hold…