ZYNGA EARNINGS TOP FORECASTS; SHARES RISE /CNBC.com w/ AP: “Zynga reported quarterly earnings and revenue that beat Wall Street's expectations on Thursday, sending its shares higher in extended-hours trading. After the earnings announcement, the company's shares rose 2 percent in trading after the closing bell.”
STARBUCKS PROFIT BEATS THE STREET BUT SHARES FALL /Reuters w/ CNBC.com: “Starbucks reported higher quarterly profit but global sales at established coffee shops fell short of analysts' estimates due to weakness in Europe. Sales from cafes open at least 13 months fell 1 percent in Europe, the Middle East and Africa (EMEA) during the quarter, but were up 8 percent in the Americas and 18 percent in the China/Asia Pacific region.”
Hum’s Market Musings
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