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Starbucks lowers outlook, shares slump

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A Starbucks coffee cup and beans. AFP FILE PHOTO/PAUL J. RICHARDS

Starbucks Corp. on Thursday reported third-quarter net income that fell short of Wall Street expectations and cut its outlook for the current quarter, citing the challenging global economy.

Posted: July 27th, 2012 in Latest Business Stories | Read More »

New York Stock Exchange ready for trading Monday

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WATERWORLD. Grand St. and West Broadway in the Soho neighborhood of Manhattan is flooded, Sunday, Aug. 28, 2011 in New York. Seawater surged into the streets of Manhattan on Sunday as Tropical Storm Irene slammed into New York, downgraded from a hurricane but still unleashing furious wind and rain. The flooding threatened Wall Street and the heart of the global financial network. (AP Photo/Mary Altaffer)

NEW YORK — The opening bell at the New York Stock Exchange will ring on time Monday. Operators of the historic Big Board and other major U.S. exchanges said they plan to open for trading as usual. Their announcements came after city officials said damage from Tropical Storm Irene wasn’t as severe as feared in [...]

Posted: August 29th, 2011 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

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