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Lululemon surges after Q3 earnings top estimates

  Bloomberg Lululemon Athletica Inc. soared the most in more than eight years after third-quarter earnings blew past analysts’ estimates and sales showed signs of strengthening as the yogawear maker heads into the holiday season. Profit in the quarter was 47 cents a share, excluding some items, the Vancouver-based company said in a statement. Analysts estimated 43 cents on average. ...

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Faster Frappuccinos as Starbucks joins WeChat payments

  Bloomberg WeChat lets users text friends, post selfies and pay a gas bill with a smartphone. From now, the blockbuster Chinese app, known as Weixin Pay in China, can also be used to buy a Java Chip Frappuccino. Starbucks Corp. said it will accept the payments system at about 2,500 of its cafes across China, enabling customers to complete ...

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Deutsche Bank ‘may have rigged’ index in Paschi deal

  Bloomberg Deutsche Bank AG employees may have manipulated internal indexes as part of an allegedly fraudulent scheme to help Banca Monte dei Paschi di Siena SpA conceal losses, according to an audit commissioned by German regulators. The study, requested by watchdog Bafin and seen by Bloomberg, says an internal Deutsche Bank review described ‘abnormalities’ in the values of proprietary ...

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