U.S. retailers posted their best monthly sales performance since just before the recession started in 2007, as lean inventories meant they did not need to resort to steep discounts.
U.S. retailers posted their best monthly sales performance since just before the recession started in 2007, as lean inventories meant they did not need to resort to steep discounts.
Wal-Mart Stores Inc on Thursday said it raised its annual dividend by 11 percent, citing its strong underlying operations and free cash flow.
A revival of consumer cost concerns did not boost results enough for the biggest U.S. warehouse clubs, as margin constraints weighed on Costco Wholesale Corp , while BJ's Wholesale Club Inc faced pricing pressure from rival supermarket chains.
Warehouse club operators Costco Wholesale Corp and BJ's Wholesale Club Inc posted quarterly earnings below Wall Street estimates, hurt by falling food prices.
When Dell Inc reported its fourth-quarter results last month, the announcement included a surprising figure -- an 81 percent jump in the PC maker's China sales during the quarter.
Top U.S. drugstore chain Walgreen Co is expected to post a third month of weak sales when it issues February data on Wednesday, which could put pressure on its shares and lead some analysts to review their profit expectations.
Record snow along the U.S. East Coast and other regions likely muted retail sales in February, limiting increases in what was expected to be an easy month for retailers to show big gains over last year.
Target Corp posted a quarterly profit slightly above Wall Street expectations, but investors had hoped for a bigger improvement and shares fell 1 percent.
The Japanese unit of Wal-Mart Stores said on Tuesday that it would actively seek opportunities for mergers and acquisitions as a way to grow.
Wal-Mart Stores Inc will buy the fledgling Vudu online movie on-demand service, in a deal expected to close within weeks and pit the world's largest retailer against the likes of Netflix Inc.
Wal-Mart Stores Inc will buy the Vudu movie service in a deal that puts the world's largest retailer in competition for online delivery of films with the likes of Netflix Inc, the New York Times reported on Monday.
Quarterly sales at Wal-Mart stores in the U.S. fell for the first time in the giant retailer's history.
Wal-Mart Stores Inc posted a drop in holiday sales at U.S. stores and gave a disappointing profit outlook, casting doubt on its ability to keep shoppers won in the recession.
U.S. stocks rose on Thursday as investors viewed earnings and favorable brokerage comments on companies and some economic data as signs that an economic rebound will continue.
Wal-Mart Stores Inc posted a drop in holiday sales at U.S. stores and gave a disappointing profit outlook, casting doubt on its ability to keep shoppers won in the recession.
Stocks edged higher on Thursday as data pointing to gains in the manufacturing sector offset Wal-Mart Stores Inc's disappointing outlook.
Stocks were little changed on Thursday as a mixed set of economic data and a weak outlook from Wal-Mart pointed to the fragility of the recovery.
Wal-Mart Stores Inc said sales at its existing U.S. stores fell during the holiday quarter and forecast results for the current quarter that could miss Wall Street estimates.
Wall Street was poised to open lower on Thursday as an increase in jobless claims and a stronger-than-expected inflation growth added concerns after a weak outlook from retail giant Wal-Mart.
Stock index futures edged lower on Thursday as unemployment claims were higher than expected and Wal-Mart reported disappointing U.S. sales.
