Muni Mutual Funds See $2.3 Billion Outflow

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Disney CFO projects operating income growth at cable networksComments Off

Walt Disney Co’s cable networks are expected to record high single-digit growth in operating income and domestic affiliate revenue from fiscal 2014 through 2016, Chief Financial Officer Jay Rasulo told investors on Thursday.

Lululemon Looks Beyond Yoga Wear for GrowthComments Off

Lululemon Athletica, best known for its trendy yoga wear, hopes to drive growth in coming years by expanding its range of fitness-related apparel and accelerating international plans, its newly appointed chief executive said on Thursday.

Virtu To Indefinitely Postpone IPO: ReportComments Off

High-frequency trading firm Virtu Financial is indefinitely postponing its plan to become a public company, after the release of the book “Flash Boys” by author Michael Lewis, according to a report in The Wall Street Journal on Thursday.

AMD Reports $20 Million Loss, But Beats ForecastsComments Off

Advanced Micro Devices Inc. on Thursday reported a first-quarter loss of $20 million, or 3 cents a share, on $1.4 billion in revenue.

Fmr. Goldman Director To Report To Prison On June 17Comments Off

Former Goldman Sachs Group Inc. director Rajat Gupta has agreed to report to authorities on June 17 to begin his two-year prison sentence, according to media reports.

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