Traffic jump boosts Chipotle restaurant sales, stock soars
(Reuters) – Chipotle Mexican Grill Inc said on Thursday an increase in customer visits contributed to bigger-than-expected growth in quarterly sales at established restaurants, and its shares rose nearly 13 percent in extended trading.
Google’s outsized ad growth offsets steep price decline
SAN FRANCISCO (Reuters) – Google Inc’s quarterly revenue beat Wall Street’s target despite an ongoing decline in prices for its online ads and deepening losses at Motorola, the handset-making division to be sold to China’s Lenovo.
Amazon warns of possible first-quarter loss, stock falls
SEATTLE (Reuters) – Amazon.com Inc missed Wall Street’s profit estimates for the crucial holiday period and cautioned investors about a possible operating loss this quarter, pushing its shares down more than 4 percent on Thursday.
Wall Street rallies on Facebook and GDP; Amazon sinks late
NEW YORK (Reuters) – The S&P 500 scored its biggest gain in more than a month on Thursday as Facebook led a tech rally and data showed the U.S. economy was on solid footing in the fourth quarter.
Target representative guarded in U.S. panel briefing: sources
WASHINGTON (Reuters) – A Target Corp representative briefed Congressional investigators by telephone on Thursday about the retail chain’s recent massive data breach, but offered few fresh details, citing continuing law enforcement investigations.
NY court lets lawsuit against Goldman over Timberwolf CDO proceed
NEW YORK (Reuters) – A New York state appeals court on Thursday refused to dismiss a $1.07 billion lawsuit accusing Goldman Sachs Group Inc of selling securities as the financial crisis began that it expected to lose value.
Goldman CEO receives estimated $23 million pay package
NEW YORK (Reuters) – Lloyd Blankfein, chief executive of Goldman Sachs Group Inc , received restricted stock worth $14.7 million this week as part of his 2013 bonus, Goldman reported in a regulatory filing on Thursday.
Toyota tells U.S. agency seat issue could lead to recall
DETROIT (Reuters) – Toyota Motor Corp has alerted U.S. safety officials that seat material in several vehicles, including the top-selling Camry sedan, does not meet fire retardation standards and could result in a recall.
Analysis: Supply test looms for Obama’s darling natural gas
NEW YORK (Reuters) – While the United States is sitting on a bounty of natural gas, the wild volatility of prices this winter could soon become a regular feature as growing demand begins to test supply, potentially curbing plans to increase exports and…
UPS sees no rerun of glitch-marred December: CFO
(Reuters) – United Parcel Service Inc has vowed to avoid a repeat of last year’s Christmas holiday season when unexpectedly high volume and huge delays frustrated customers who wanted their packages delivered on time.
