Facebook changes IPO pitch in Boston, scraps video; takes time for questions

BOSTON, Tue May 8, 2012 – Facebook Inc.’s initial public offering pitch played to some bad reviews in New York, so for its Boston audience on Tuesday, the 30-minute video was scrapped and the company took more questions from analysts and potential investors. Facebook Chief Executive Mark Zuckerberg did not attend the breakfast pitch at […]

Apparel sales stay strong in April, but Costco misses estimates

NEW YORK, Thu May 3, 2012 – Several clothing retailers, including Limited Brands Inc. and Zumiez Inc., posted better-than-expected sales in April, helping to allay fears that March’s strength came from an earlier Easter and a warm start to the spring season. But Costco Wholesale Corp. missed Wall Street estimates for the second month in […]