American Stock Exchange
2412.96 up 4.14
3149.71 up 19.33
Standard And Poors 500
1502.96 up 8.14
Here's the Friday Bloomberg After The Bell Report from the New York Stock Exchange.
Get ready to see smaller retail stores as some executives express a desire to reduce the average size of their stores by as much as 25 percent to decrease operating costs. Other plans include possibly shrinking store count.
Meantime, natural gas could rise as the northeast freeze boosts fuel demand. As for the markets, stocks closed higher as Starbucks and Procter & Gamble reported increased profit.
Bloomberg nabbed the first interview with Yahoo's new CEO Marissa Mayer. She says the future of Yahoo will likely be in partnerships to deliver content to people on their mobile devices. She says they are already working with Google and Apple and they also have a strong partnership with Facebook to help boost the user experience on the Yahoo site.
Getting pain medication might become more difficult. A government advisory panel is recommending that the FDA place hydrocodone painkillers under greater restrictions because of the potential for abuse.