WALMART

IBTimes Logo

Berkshire buys Nestle, Exxon; ups Wal-Mart stake

Billionaire Warren Buffett's Berkshire Hathaway Inc on Monday revealed new investments in Nestle AG and Exxon Mobil Corp and that it has nearly doubled its investment in Wal-Mart Stores Inc .

Stocks fall on energy shares, consumer worries

IBTimes Logo
The Dow industrials six-day winning streak came to a halt on Thursday as a drop in oil prices pulled energy stocks lower and a guarded outlook from Wal-Mart fanned worries about consumer spending.
IBTimes Logo

New jobless claims lowest since January

The number of U.S. workers filing new claims for jobless benefits last week fell to the lowest level since January, the government said on Thursday, evidence the hard-hit labor market may be slowly improving.
More news
IBTimes Logo

Stocks set for lower open after Wal-Mart outlook

Wall Street was set to open lower on Thursday as a weak holiday quarter forecast from retail giant Wal-Mart Stores Inc sparked concerns about consumer spending, threatening to break a six-session rally for the Dow.
IBTimes Logo

Stock futures down as Wal-Mart outlook weighs

U.S. stock index futures fell on Thursday as an earnings forecast from retail giant Wal-Mart Stores Inc sowed doubt about consumer spending for the rest of 2009, threatening to end a six-session rally for the Dow.
IBTimes Logo

Wal-Mart profit rises but Q4 view light

Wal-Mart Stores Inc reported a higher quarterly profit as the world's biggest retailer clamped down on inventory and controlled expenses, but forecast earnings for the current period that could miss current Wall Street estimates.
IBTimes Logo

Wal-Mart Q3 profit rises but Q4 view light

Wal-Mart Stores Inc reported a higher quarterly profit as the world's biggest retailer clamped down on inventory and controlled expenses, but forecast earnings for the current period that could miss current Wall Street estimates.
IBTimes Logo

Stocks eye retailers as jobless ranks grow

As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.
IBTimes Logo

Stocks eye retailers as jobless ranks swell

As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.
IBTimes Logo

Dollar General set to price at rich valuation

Dollar General is set to go public next week, but the discount retailer could see mixed results in its closely watched initial public offering as its private equity backers have valued the company richly.
IBTimes Logo

Online holiday sales seen up 8 percent

U.S. online sales are expected to rise 8 percent this holiday season, with mass market retailers who can offer discounts performing best, according to Forrester Research Inc.
IBTimes Logo

RadioShack profit misses estimates

RadioShack Corp's quarterly profit missed estimates by one cent on weak demand for its converter boxes, laptop computers and wireless accessories.
IBTimes Logo

Booksellers ask Justice Dept to probe price wars

The American Booksellers Association has asked the U.S. Department of Justice to investigate a recent price war on books sold online between such retail giants as Wal-Mart Stores Inc, Amazon.com Inc and Target Corp ahead of the holidays.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.