Yahoo Beats Wall Street Estimates; Staples Investigating Possible Breach

The Dow gained 215 pints today, putting itself back in the black for 2014. Nasdaq closed the day up 2.4%, helped by Apple's (AAPL) 2.3% jump. The S&P 500 notched its fourth straight day of gains, ending the day 2% higher.  Yahoo's (YHOO) shares rose 4% in after hour trading today after the Internet company bested Wall Street's estimates and reported $1.094 billion in revenue. Yahoo also earned a whopping 52 cents a share, analysts were only expecting Yahoo to earn 30 cents a share.
Staples (SPLS) announced today that they are in the process of investigating a possible breach of credit card data. It appears that the breach is confined to Staples locations in Pennsylvania, New York City and New Jersey.

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Published on Oct 21, 2014
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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