Business News

starbucks-072414-lg.jpgCoffee retailer Starbucks Corp. (SBUX), Thursday reported a 23 percent increase in third-quarter profit, after registering double-digit growth in revenues on new store openings and strong customer traffic. The retailer's earnings and revenues for the quarter came in ahead of Wall Street's expectations. Moving...

Philips Gets FDA 510(k) Clearance For VISIQ Ultrasound System

Koninklijke Philips Electronics NV (PHGFF.PK, PHG) said it received 510 (K) marketing clearance from U.S. Food and Drug Administration or FDA, for its innovative ultra mobile ultrasound system VISIQ. VISIQ with its transducer-plus-tablet display delivers excellent image quality, making ultrasound...

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Reports: Zillow Eyes Trulia


Maxim Integrated Shares Tumble As Q4 Results, Outlook Below View; Hikes Dividend

Shares of Maxim Integrated Products, Inc. (MXIM) declined 11 percent in extended trades Thursday after the company's profit for the fourth quarter declined 29 percent from last year and results missed analysts' expectations. In addition, the analog chipmaker forecast results for the first quarter...

Japan Inflation Gains 3.6% On Year In June

Consumer prices in Japan climbed 3.6 percent on year in June, the Ministry of Internal Affairs and Communications said on Friday. That topped forecasts for 3.5 percent, also slowing from 3.7 percent in May. Core CPI, which strips out the volatile costs of food, advanced 3.3 percent on year - matching...

Japan Corporate Service Prices +3.6% On Year In June; Q2 Also +3.6%


TripAdvisor Enters Into Agreement To Acquire Viator

TransForce Signs Agreement To Acquire Contrans Group

Mohawk Medical Growth Partners Acquires Premier Medical Office Building In Vaughan, ON


After-market Movers For July 24 (AMZN, BIDU, P, SBUX, V, LSCC, MXIM)

Gainers: Baidu, Inc. (BIDU) rose over 6 percent to $218.00 based on the news that its second quarter earnings and revenues surged from the previous year period. The company also forecast 50.9 to 55.0 percent year-over-year increase in total revenues for the third quarter. Decliners:

Immune Design Prices IPO At Low End Of Range

Immune Design Corp. said Thursday that it has priced its initial public offering of 5 million shares of its common stock at a price of $12.00 per share for an aggregate offering of $60.0 million, before underwriting discounts, commissions and expenses. The IPO price of $12.00 per share was at the...

QLogic Q1 15 Earnings Conference Call At 5:00 PM ET

QLogic Corp. (QLGC) will host a conference call at 5:00 PM ET on July 24, 2014, to discuss Q1 15 earnings results. To access the live webcast log on to To listen to the call, dial (888) 278-8446, Pass code: 7597692.