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Business News |
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Retailers Post Mixed March Sales on Weather (AP)
AP - The nation's biggest retailers struggled with mixed sales in March as unusually cold weather kept shoppers indoors in many parts of the country, but analysts said the ...
Rite Aid Profit Jumps on Tax Benefit (Reuters)
Reuters - Rite Aid Corp. , the No. 3 U.S.
drugstore chain, on Thursday said quarterly profit nearly
quadrupled as a hefty tax benefit offset sluggish sales and
rising expenses.
Snow Warns Fannie, Freddie Pose Threat (Reuters)
Reuters - Mortgage giants Fannie Mae and
Freddie Mac could threaten the economy if Congress fails to
curb their investment activities, U.S. Treasury Secretary John
Snow said on Thursday.
Pier 1 Profit Slumps; Shares Down 5 Pct
NEW YORK (Reuters) - Pier 1 Imports Inc. PIR.N on Thursday reported a ...
PC Industry Growth Slower Than Hoped-Dell
AUSTIN, Texas (Reuters) - Growth in the personal computer industry during the first quarter appears slower than even fast-growing market leader Dell Inc.
Euro Central Bank Holds Interest Rates
FRANKFURT (Reuters) - The European Central Bank held interest rates steady on Thursday in the absence of clear signs that economic recovery is strengthening, but left no doubt that a ...
US Jobless Claims Fall, Wholesale Inventories Rise
WASHINGTON (Reuters) - The number of Americans submitting new claims for jobless insurance dropped 19,000 last week, the government said on Thursday, largely erasing an unexpected spike ...
Wal-Mart Says Profit Could Miss Forecast
CHICAGO (Reuters) - Wal-Mart Stores Inc. WMT.N on Thursday signaled ...
Stocks Rise; Alcoa Up, Retailers Strong
NEW YORK (Reuters) - U.S. stocks rose on Thursday, with shares of Alcoa Inc.
Rite Aid Profit Jumps on Tax Benefit
NEW YORK (Reuters) - Rite Aid Corp. RAD.N, the No. 3 U.S. drugstore ...
Snow Warns Fannie, Freddie Pose Threat
WASHINGTON (Reuters) - Mortgage giants Fannie Mae and Freddie Mac could threaten the economy if Congress fails to curb their investment activities, U.S. Treasury Secretary John Snow ...
Retailers' Sales Surge But Wal-Mart Warns
NEW YORK (Reuters) - The early Easter holiday drove U.S. shoppers to malls and shopping centers last month, helping retailers report strong March same-store sales, but a profit warning ...
Retailers Post Strong Same-Store Sales (Reuters)
Reuters - The Easter holiday drove shoppers to
U.S. malls and shopping centers last month, helping companies
like Wal-Mart post strong March same-store sales, retailers
reported on Thursday.
World Bank: Economy peaked in '04 (USATODAY.com)
USATODAY.com - U.S. and worldwide economic growth peaked in 2004, the World Bank said Wednesday in a report that predicted a gradual economic slowdown, while not entirely ruling out a ...
Wal-Mart Sees Quarterly Profit at Low End (Reuters)
Reuters - Wal-Mart Stores Inc . on
Thursday said it sees first-quarter earnings and sales around
the low end of its prior forecast, and its shares fell in
premarket trade.
Wal-Mart Slips in Pre-Open Trading (Reuters)
Reuters - Shares of Wal-Mart Stores Inc.
fell 1.5 percent before the bell on Thursday after the world's
largest retailer said quarterly earnings would come in around
the low end of ...
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