• Business Wire

    Wal-Mart Stores, Inc. (NYSE:WMT) and Walmart de Mexico Y Centroamerica (BMV: WALMEX) will participate in the annual Goldman Sachs Global Retailing Conference. Scot Rank, president and CEO of Walmart de Mexico and David Cheesewright, president and CEO of Walmart International will each provide an update on their business on Wed., Sept. 3 at 8:05

  • Business Wire

    Sam’s Club, a leading membership warehouse club, announces its participation in a San Diego-based supplier event, welcoming more than 100 regional small businesses to present their food and beverage products to be featured in Sam’s Clubs across the country. The supplier participants, including several women- and minority-owned businesses, were narrowed down from an application pool

  • Stocks in the US started the trading session in the black buoyed by the Nikkei which closed up 1.1% and notch up a second consecutive gain above 16,000. The Nikkei was buoyed by a weak yen which is trading above 104 and poised to test the 106.70 monthly highs. UPS and FedEx where caught off

  • Stock market » Costco Disappoints, Shares Weaken
    December 11, 2013, 20:29 GMT

    Shares of Costco (NASDAQ:COST) were sent tumbling to the downside on Wednesday morning following the company’s first quarter results before the market open. The retail earnings season has been largely mixed up until this point with names on both the high and low end sending Wall Street surprises. Costco reported earnings of 96 cents a

  • Stocks in the US started off on a strong note as investors focused on holiday shopping on the busiest shopping day of the year Black Friday. Investors are expecting a slight increase in overall volume, and shoppers to focus on electronics. Stocks closed the Friday session early, and prices eased into the close with only

  • Business » Wal-Mart names new CEO
    November 26, 2013, 07:40 GMT

    The world’s largest retailer has promoted the head of its international business division to CEO, according to an official company statement. Dough McMillon, who has been with the company since 1984, will replace Mike Duke as the next head of Wal-Mart Stores Inc (NYSE:WMT) . McMillon will become Wal-Mart’s fourth CEO since 1970, when the

  • Stock market » S&P 500, Dow Jones extend record highs
    November 23, 2013, 13:34 GMT

    Stocks on the American exchanges extended their rally, with the Standard & Poor’s 500 Index registering its seventh consecutive weekly gain. The S&P 500 was led higher by burgeoning healthcare stocks, which jumped 1.2 percent. Drug-makers Biogen Idec (NASDAQ:BIIB) and Gilead Sciences (NASDAQ:GILD) advanced 14.15 percent and 3.69 percent, respectively. Biogen Idec registered its biggest

  • Stocks on the American exchanges rebounded, sending the Standard & Poor’s 500 Index to a fresh new high. The benchmark index was buoyed by Macy’s (NYSE:M) , which posted better-than-expected corporate earnings. The department store retailer’s earnings per share jumped 31 percent from a year ago to 47 cents, exceeding estimates by 8 cents. Revenues rose

  • Stock market » US stocks decline on lingering budget vote
    September 25, 2013, 19:11 GMT

    US stocks fell for the fifth straight session as market participants weigh the ongoing debt ceiling debate that threatens to shutdown the federal government in October. Treasury Secretary Jacob Lew said the government will have exhausted its borrowing authority by October 17 should Republicans and Democrats fail to reach a resolution on how to fund

  • Stock market » Wall-Mart Rumors Drag Stocks Lower
    September 25, 2013, 19:01 GMT

    Stocks in the US started the session mixed despite slightly better than expected economic data.  The S&P 500 index had declined for 4 straight trading sessions, and at the open threatened a 5th. Technology stocks continue to be the best performing sector with Facebook (NASDAQ:FB) leading the charge higher.  European stocks were under pressure despite

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