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Market Update : 
Starbucks Plunges 10%, Stocks Decline
Author: 123jump.com Staff
123jump.com
Last Update: 9:57 AM EDT April 24 2008

U.S. stocks edged lower after durable goods order fell 0.3% in March. Mixed earnings from several companies also weighed on the market. Amazon.com fell after earnings rose 30% to 34 cents per share. Apple edged lower after earnings missed the analysts target and Starbucks plunged 11% on weak same store sales and weaker earnings outlook for the year. FMC declined after it reported earnings surged to $1.23. Fidelity National Title fell on weak housing market and earnings slide.

 

 

 
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