Starbucks climbs on strong earnings, raised full-year outlook (SBUX)

Starbucks climbs on strong earnings, raised full-year outlook (SBUX)

Starbucks released third-quarter 2019 earnings Thursday that beat analyst expectations. The performance prompted the company to raise its full-year outlook again after raising it in the second-quarter. Shares of the coffee giant rose roughly 6% in after-market …
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Fortunes Of Snap Cofounders Evan Spiegel, Bobby Murphy Jump More Than $720 Million Combined After Hours

Shares of Snap, the social media giant that owns Snapchat, popped more than 11% in after-hours trading Tuesday following a positive quarterly earnings report. The jump in shares boosted the fortunes of its cofounders Evan Spiegel, 29, and Bobby Murphy, …
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Mattel shares soar on narrower-than-expected loss, strong sales of Barbie, Hot Wheels

Shares of Mattel jumped as much as 7% in extended trading Thursday after the company posted a narrower-than-expected loss in the second quarter and reported strong sales of its Barbie dolls and Hot Wheels cars. “This quarter further demonstrates the …
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Barneys Considers Bankruptcy Financing Plans With Wells Fargo

Barneys New York Inc. is in talks with existing lenders including Wells Fargo & Co. about a new loan to keep the luxury clothing store in business if it decides to file for bankruptcy. The chain is negotiating the terms of a debtor-in-possession loan that would …
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Starbucks brews up biggest quarterly sales rise in 3 years

Starbucks on Thursday lifted its outlook for annual revenues and profits after the US coffee chain boosted quarterly sales by the most in three years, sending shares up 6 per cent in after-hours trading. Like-for-like sales in the 13 weeks to the end of June rose …
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