Company Reports – Page 22

Starbucks Reports a Slide in Sales and Traffic

“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.

By Julie Creswell

Appointments and Executive Changes Company Reports CVS Caremark Corporation Drugs (Pharmaceuticals) Drugstores Health Insurance and Managed Care Lynch, Karen S (1963- ) Shopping and Retail Stocks and Bonds

CVS Ousts Karen Lynch as C.E.O. and Shares Fall

Shares of the health care conglomerate dropped after the sudden departure of Karen Lynch and a downbeat update on the state of the company’s finances.

By Danielle Kaye

Company Reports Netflix Inc Prices (Fares, Fees and Rates) Video Recordings, Downloads and Streaming

Netflix Adds 5 Million Subscriptions in Quarter

The additions helped lift revenue to $9.8 billion during the period, a 15 percent increase from the same period last year.

By Nicole Sperling

China Company Reports Fashion and Apparel International Trade and World Market Luxury Goods and Services LVMH Moet Hennessy Louis Vuitton SA Protectionism (Trade) Shopping and Retail Stocks and Bonds

Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales

Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.

By Ravi Mattu