Stocks to Watch: Groupon, Starbucks, Sirius
NEW YORK -- Groupon
Groupon affirmed its first-quarter guidance, reiterating its revenue forecast of between $510 million and $550 million.
The coffee-shop operator plans to triple its number of stores in China to 1,500 from 500 by 2015, said John Culver, the head of Starbuck's China and Asia Pacific business, according to The Wall Street Journal.
Sirius XM Radio
Sirius revealed in a filing to the Federal Communications Commission on Friday that Liberty has asked the FCC for permission to take "de facto" control of Sirius.
But Sirius asked the FCC to "dismiss or deny" the application, the Journal said.
Liberty owns preferred stock that is convertible into about 40% of the outstanding common stock of Sirius.
Credit card processor Global Payments
Global Payments, in a press release, said hackers accessed its processing system and about 1.5 million card numbers "may have been exported. "The company said the breach was confined to North America. It said it believes the "incident is contained."
Under the agreement, 17 million Comcast subscribers will have access to OWN, up from about 14 million right now, the Journal reported, citing people familiar with the situation.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel
>To submit a news tip, send an email to: firstname.lastname@example.org.