said the company's Yahoo!Shopping division posted strong sales during the Thanksgiving weekend. The company said shopping increased more than 75% from the same weekend a year ago. Video game consoles, electronics and computers were among the most popular products prospective shoppers were searching for over the weekend, Yahoo! said.
Earnings Reports and Warnings
said Friday that holiday sales seemed to be getting back to normal. According to what the company calls the Holiday Delight-O-Meter, customers have ordered more than 8.9 million items since Nov. 9. The Delight-O-Meter tracks the approximate number of items ordered from Amazon.com's sites worldwide, including sites that Amazon.com operates in conjunction with third parties.
items and DVD players were among the more popular items shoppers were after, the company said.
said system-wide comparable bakery-cafe sales increased 5.9% for the four weeks ended Nov. 3. Same-store sales at company-owned shops rose 6%.
Pier 1 Imports
forecast third-quarter earnings of 21 cents to 23 cents a share. Analysts are looking for income of 20 cents. Extrapolating from sales through the Thanksgiving weekend, the company expects same-store sales to rise 6% to 8% in November.
Bausch & Lomb
said the Food and Drug Administration approved the company's PureVision contact lenses, which users can wear continuously for up to 30 days.
said its researchers have developed a transistor structure and new materials that represent a dramatic improvement in transistor speed, power efficiency and heat reduction.
will pay German chemical company Henkel $445 million in cash for Henkel's 50% interest in their Henkel-Ecolab joint venture. Ecolab's purchase, expected to close on Nov. 30, will be financed through the issuance of 60-day prepayable notes to Henkel.
said a California court granted the company a temporary restraining order that prevents
from selling certain sunglasses with green or blue lenses. Oakley filed a patent infringement suit against Luxottica Nov. 6. The companies have been at odds for months, since Luxottica acquired Sunglass Hut, which had been a big distributor of Oakley's products.