NEW YORK (Reuters) - U.S. stocks closed lower on Friday in a broad consumer discretionary-led selloff after Visa and Amazon, a pair of closely watched bellwether names, reported disappointing results.
El Pollo Loco (LOCO), the California-based restaurant chain specializing in Mexican-style grilled chicken, went public Friday and shares surged more than 60% to finish above $24 in the first day of trading.
In a tale of two companies, the earnings reports of Amazon and Facebook this week show how the tech sector is playing out in vastly different ways, depending on what kind of services they offer.
(Recasts with comment from Market Basket management). TEWKSBURY, Mass., July 25 (Reuters) - Family-owned New England supermarket chain Market Basket said on Friday it will "seriously consider" a buyout offer from its ousted CEO Arthur T. Demoulas ...
Photo. The deals would allow BSkyB to offer premium sports and movie services to roughly 20 million customers from Ireland to Italy.