COMPANIES

Nintendo Suffers Stock Plunge, Profits Lowest in 27 Years

  Nintendo Post Poor Quarterly Financial Performance: Analysts Question Veteran Games Makers Future
The shares of Japanese videogame maker Nintendo fall by a massive margin of 20 percent after poor sales results of its new 3D capable games device forced the company to cut the price of the product and its annual profit target.
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Community Health profit tops forecasts, stock up

Community Health Systems Inc (CYH.N), the second-largest U.S. hospital operator, beat analysts' second-quarter earnings expectations on higher operating revenue, sending its shares up more than 6 percent in after-hours trading.
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Fortune tenders for $1 bln in debt

Fortune Brands Inc (FO.N) announced a tender offer on Thursday for up to $1 billion of debt using funds from the company's planned sale of its Acushnet golf business.
Display of Colgate toothpaste is seen on store shelf in Westminster

Latin America helps Colgate, Avon during U.S. slump

Big gains in Latin America covered up U.S. declines at Colgate-Palmolive Co (CL.N) and Avon Products Inc (AVP.N), with the world's largest direct seller of cosmetics seen as having a harder road to recovery.
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Muni issuers put on notice that fate tied to U.S.

Scores of issuers in the U.S. municipal bond market, including cities, counties and school districts, were put on notice on Thursday by Moody's Investors Service that their top ratings could be cut if the United States' Aaa rating falls.
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China pork buying talk lifts hogs

U.S. hog futures advanced on Thursday on renewed talk China may be seeking more U.S. pork, record high wholesale pork prices and higher live cash hog markets in the U.S. Midwest.
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CME tax situation 'untenable,' may exit state-CEO

CME Group Inc (CME.O) is evaluating whether to move some operations to other states from Chicago to reduce its taxes, but it has not decided on an exact timeline, CEO Craig Donohue said Thursday.
Nafissatou Diallo (C), the Manhattan maid who has accused Dominique Strauss-Kahn of sexually assaulting her, stands during a media conference at the Christian Cultural Center in the Brooklyn borough of New York

Strauss-Kahn maid makes appeal as civil suit looms

The hotel maid who accused ex-IMF boss Dominique Strauss-Kahn of sexually assaulting her made an emotional public appeal on Thursday for people to believe her story as her lawyer threatened a civil lawsuit.
Starbucks

Starbucks' Same-Store Sales Increase Pumps Up Profits

Starbucks had higher-than-expected sales increases at its U.S. stores in the company's fiscal third-quarter, pushing profits beyond the expectations of analysts. The company's stock rose in after-hours trading.
Barnes & Noble

Apple Buying Barnes & Noble? Doubtful

A report says Apple is having discussions with bookseller Barnes & Noble about buying the chain. But don't believe everything you read. It's not going to happen.
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Tropical Storm Don nears Texas coast

Tropical Storm Don, the fourth named storm of the Atlantic hurricane season, was churning northwestward across the southern Gulf of Mexico toward the Texas coast.
Netflix

Amazon Adds Movies; Catching Up with Netflix

Amazon has added 1,000 more streaming movies to its lineup for Prime customers. With another deal or two like the one Amazon announced Thursday with Universal Pictures and Amazon could have a streaming video library as big as Netflix's.
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Dunkin' Donuts IPO: Another Boston Chicken?

Dunkin' Donuts had a successful IPO launch Wednesday, with shares increasing more than 40 percent on the first day of trading. But something about it smells a lot like Boston Chicken in the 1990s.
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S.Koreans on landmine alert after deadly mudslides

South Koreans were cautioned about rogue landmines and explosives on Thursday after scores of deadly landslides in and around the capital swamped homes, a monastery and military sites after the heaviest rainfall in a century, officials said.
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report: Goldman's new money machine: warehouses

In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.

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