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CHICAGO, Nov 30- U.S. online sales grew 14 percent on Cyber Monday, on track to set a record, leading some retail websites, like Target Corp's, to crash temporarily due to high customer traffic. Website outages and slow checkouts during the five-day shopping spree starting Thanksgiving Thursday, were also reported at PayPal Inc, department store chain Neiman...
Nov 28- The United States holiday shopping season started in earnest with the Thanksgiving weekend, which runs from Thursday, Nov. 26 to Sunday, Nov. 30 and includes Black Friday, which often ranks as the busiest shopping day of the year. On Saturday, retail analytics firm ShopperTrak projected that combined sales in physical stores stood at $12.1 billion over...
Nov 27- Shoppers looking for deals on upscale retailer Neiman Marcus's website were left largely empty-handed after the site suffered an outage on Black Friday, CNBC reported. Neiman Marcus spokeswoman Ginger Reeder said she could not confirm the time of the outage, but said the company was working to restore the website. According to software firm Adobe...
On Thursday, about $1 billion worth of sales had been generated in online sales, up 22% from the previous Thanksgiving, reports USA TODAY.
Apple has made up one-fifth of the S&P 500's profit margin growth in the last five years. However, the company's growth seems to have since stalled.
Facebook founder planning on taking two months of paternity leave when his daughter is born.
The Android version does not yet include music videos, and family membership sign-ups still require a Mac or iOS.
Forrester predicts the mobile revolution will accelerate in 2016. Who are the winners?
Josh Brown decided to buy Dr Pepper and Adobe, as the shares have shown recent strength.
Finally! Presidential candidates are talking about paid family leave, says Make It Work" co-founder Vivien Labaton.
SAN FRANCISCO/ BRUSSELS, Oct 7- U.S. businesses from online coupon company RetailMeNot Inc to security software company Symantec Corp said a European change to rules governing data transatlantic personal data transfers would hurt U.S. companies and called for a quick fix. "The biggest fear is they'll lose the opportunity to provide data services in Europe," said...
*Bank of Japan holds off on fresh stimulus. The U.S. dollar rose against the euro and the Swiss franc, while the yen gained against the dollar after the Bank of Japan left monetary policy unchanged. Although the Bank of Japan held off on expanding stimulus on Wednesday, expectations are growing of more support rather than less as worries mount over a global economic...
Quarterly earnings look set to fall for the second straight quarter, according to FactSet data.
Some of the names on the move ahead of the open.
U.S. stock futures powered higher this morning, after the Dow eked out its third straight gain in Tuesday's mixed session on Wall Street.
*Expects adj profit of $2.70/ share vs est $3.19/ share. Oct 6- Adobe Systems Inc lowered its profit forecast for 2016 below analyst estimates partly due to a strong dollar, sending its shares down as much as 13 percent in extended trading. The Photoshop maker said it expects full-year revenue of about $5.7 billion and an adjusted profit of $2.70 per share.
The "Fast Money" traders reveal what's on their watch lists.
Check out the companies making headlines after the bell Tuesday: Yum Brands, Nu Skin, Adobe & more.
Oct 6- Adobe Systems Inc forecast 2016 revenue and profit below estimates, sending its shares down 8 percent in extended trading. The Photoshop maker said it expects full-year revenue of about $5.7 billion and an adjusted profit of $2.70 per share. Analysts on average were expecting revenue of $5.93 billion and earnings of $3.19 per share, according to Thomson...
Oct 6- Adobe Systems Inc forecast 2016 revenue and profit below estimates, sending its shares down 8 percent in after-market trading. The Photoshop maker said it expects full-year revenue of about $5.7 billion, well below the average analyst estimate of $5.93 billion. The company's shares were down at $78.30 after closing at $85.15 on the Nasdaq on Tuesday.