Amazon CEO Jeff Bezos introducing the company's Fire smartphone in Seattle last month. (AP Photo/Ted S. Warren). The headline figure in Amazon.
(Reuters) - Shares of El Pollo Loco Holdings Inc (LOCO.O) rose as much as 33 percent in their market debut as investors tucked in, betting on the growing popularity of the restaurant chain's fire-grilled chicken.
... * New company will have 20 million customers. * Will pay in cash, debt, TV stake, share placing. * Murdoch likely to use proceeds to pursue Time Warner.
Wal-Mart (NYSE:WMT) is dealing with poor sales at the stores. They have decided to replace their U.S. CEO with the head of operation in Asia, as of Thursday.
Demand for new homes slowed sharply during the first half, a development that threatens to reverberate beyond the housing market and throughout the broader economy.