Comment on Alphabet, Amazon surge; Time Inc. and Starbucks fall

Alphabet, Amazon surge; Time Inc. and Starbucks fall

The magazine publisher, which owns Sports Illustrated and People, said it would not sell itself after receiving several overtures from interested parties. The coffee chain reported disappointing U.S. sales growth as customer traffic stalled and tempered its profit forecast for the year. The maker of billing and medical practice management software reported results that missed analysts' forecasts.

 

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