Starbucks sales, earnings per share forecast miss revenue expectations
Starbucks on Thursday reported higher sales for its fiscal fourth quarter but the results missed Wall Street expectations and shares of the coffee chain declined.
AbbVie, Shire, Bank of America, Lakeland Industries and Petrobras are big market movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE AbbVie Inc., up 50 cents to $54.63 The pharmaceutical company is reconsidering its $55 billion buyout of Shire, putting it at risk of paying a $1.6 billion fee.
GAP reports 3 percent sales growth in second quarter, 5 percent growth in July
Gap Inc. said Thursday that its sales edged up 3 percent in the second quarter as growth at Old Navy offset lower sales of the company's namesake brand.
Baby Boomers Flock to Facebook While Teens Exit En Masse
Baby Boomers are 'liking' Facebook, but younger generations are beginning to leave the world's biggest social network in search of new havens.
Tax Scare on Yahoo's Alibaba Stake Spin-Off Seen Premature
Yahoo's planned spin-off of its stake in Alibaba is likely to proceed on a tax-free basis, analysts said, as Yahoo shares regained most of their losses after concerns of a possible change in U.S. tax rules spurred a slide on Tuesday.
EBay seeks to reinvigorate its marketplaces business as split with PayPal looms
EBay says it is working to stabilize its marketplaces business as it moves to spin off its PayPal division later this year.
Sony Seeks to Claim ‘Uncharted’ Territory in Video-Game Film Bid
Sony is looking to take popular video games to the silver screen, a bet that has been met with mixed reviews for other movie studios.
India's largest online retailer Flipkart raises $1 billion in fresh capital as Amazon looms
India's largest online e-commerce company, Flipkart, says it has raised $1 billion in new capital as the company gears up for competition with Amazon's push into the Indian market.
Stifel Hikes Yahoo Target on Hopes Alibaba IPO Will Be Delayed
Yahoo shares rose by more than 1% thanks to a bullish analyst call based on signs Alibaba's IPO could be delayed until 2015.
NCR Scoops up Online Banking Firm Digital Insight for $1.65B
The $1.65 billion acquisition of Digital Insight by NCR highlights the growing importance of online and mobile banking applications.
Financial Reasons to Be Thankful For This Year
Thanksgiving is the time of year we gather around the dinner table to feast on turkey, stuffing and apple pie. Amidst the feast we share with family and friends, it is also time to reflect on the blessings in our lives and what we are thankful for.
Alibaba Overhauls Pact with Alipay Parent, Sells SME Loan Business
Alibaba overhauled its pact with the parent of its payments affiliate Alipay, boosting the Chinese e-commerce giant's potential gain if Alipay is sold or goes public.
China's Alibaba Taps U.S. for Mega IPO
Chinese e-commerce behemoth Alibaba officially announced plans over the weekend to list its huge initial public offering in New York instead of Hong Kong.
FT: New York Close to Landing Alibaba IPO Over Hong Kong
Setting the stage for one of the biggest initial public offerings ever, China's Alibaba Group is reportedly 95% certain it will list its shares in New York instead of Hong Kong.
Yahoo Files to Spin Off Alibaba Shares
Yahoo Inc. filed a registration statement detailing its previously announced plan to spin off its shares of Alibaba Group Holding Ltd.
Report Claims Bot Manipulated Bitcoin Price on Mt. Gox
A gang of cyber criminals may have ignited a massive rally in virtual currency bitcoin and then perpetrated a heist that brought down a once mighty exchange.
Report Claims Bot Manipulated Bitcoin Price on Mt. Gox
A gang of cyber criminals may have ignited a massive rally in virtual currency bitcoin and then perpetrated a heist that brought down a once mighty exchange.
Expedia Plunges 24% as Big EPS Miss Spooks the Street
The online travel company's big earnings miss was sparked by rising competition.
UBS: Marcus Departure, Breach Could Hurt EBay
EBay could face some headwinds from the departure of PayPal head David Marcus and its recently disclosed security breach, analysts at UBS say.
Goldman Bullish on Facebook Ads, Ups Target to $78
Goldman Sachs raised Facebook’s price target to $78 from $70 on Friday citing "increased confidence" in the social network’s advertising return on investment and mobile strategy.












