Shutterfly Inc. SFLY -6.48% said its financial chief was departing to “pursue a personal passion” with a medical technology company, saying its chief executive and top accounting executive would split his duties until it names a successor. Shares were down 3.8% at $23.15 in after-hours trading. Through the close, the stock has fallen 33% in the last year, worse than the market at large. Shutterfly... 

Claire’s Stores Inc. said Chief Executive Eugene S. Kahn has resigned from the women’s accessories and jewelry retailer, and two other executives were named to take over his responsibilities on a temporary basis. Kahn has worked as chief executive since the company went private in 2007 in a $3.1 billion takeover by private-equity firm Apollo Management LP. While the board will conduct a... 

Medicis Pharmaceutical Corp. MRX -2.54% won a bankruptcy auction bid to acquire Graceway Pharmaceuticals LLC for $455 million, topping another company’s stalking horse bid. Graceway, which filed for Chapter 11 bankruptcy protection in September, is a specialty pharmaceutical company that makes products that treat various dermatological and women’s health conditions. Medicis Chairman and... 

Youku.com Inc.’s YOKU -14.11% third-quarter loss narrowed the Chinese online television company reported its revenue more than doubled. However, American depositary shares fell 16% to $17.26 in recent after-hours trading as the company’s net loss missed analyst expectations. “Internet television is a young and evolving space with tremendous opportunities,” said Chairman and... 

Hot Topic Inc. HOTT +2.14% said Chief Executive Lisa Harper was appointed to the additional role of chairman, replacing director Bruce Quinnell, who plans to step down from the board next year. Board member Matthew Drapkin was also appointed lead director to act as a liaison between Harper and the company’s independent directors. “With these changes, we recognize the importance of having... 

Google Inc. GOOG -0.24% agreed to submit to third-party privacy audits for the next 20 years to settle allegations it misused users’ personal information. The settlement with the Federal Trade Commission would resolve the agency’s complaint over Google Buzz, a social notification service the company built last year into Gmail. The feature allowed users to share photos, videos and updates... 

WASHINGTON (MarketWatch) — Dominion Resources Inc. D -0.37% says its North Anna nuclear plant is ready to restart following an Aug. 23 earthquake in central Virginia that forced it to shut down. After conducting several inspections of the nuclear plant, Dominion has “found no damage whatsoever that could preclude operation,” David Heacock, president of Dominion Nuclear, said during... 

NEW YORK (MarketWatch) — Capital One Financial Corp. COF +0.27% reported a small increase in third-quarter profit Thursday as the bank’s loan write-offs and delinquencies continued to fall. The McLean, Va., company said net income was $813 million, or $1.77 per share, in the quarter ended Sept. 30, up from $803 million, or $1.76 per share, a year ago. Revenue increased to $4.2 billion,... 

MELBOURNE -(MarketWatch)- Wesfarmers Ltd. said Thursday that food and liquor sales in the first quarter of fiscal 2012 rose 5.5% on the year to 6.28 billion Australian dollars (US$6.43 billion), but warned trading conditions remained challenging in the face of weak consumer confidence. Managing Director Richard Goyder said in a statement he was generally pleased with the conglomerate’s retail... 

Arch Coal Inc. ACI -5.14% slashed its full-year adjusted earnings outlook for the second time this year, attributing the lower view mostly on lost metallurgical coal production at the Mountain Laurel mine complex in West Virginia. Shares of the coal company slid 10% to $13.11 in after-hours trading. Arch Coal now sees full-year adjusted earnings of $1 to $1.40 a share, down from the already lowered...