Hike in pay roll taxes and increase in gas prices seems to have taken a toll on the U.S. consumer spending. The world’s largest discount retail chain, Wal-Mart Stores Inc. (NYSE: WMT) said on Thursday that comparable-store sales in the U.S. fell 0.3% in the fiscal second quarter. Analysts surveyed by Thomson Reuters expected 1% [...]
Costco Wholesale Corporation’s (NASDAQ: COST) same-store sales rose more-than-expected in June. The discount retailer said that sales for the five week period ended July 7 rose 6% (after including the impact of rise in fuel prices and foreign exchange fluctuations). The Wall Street’s analysts had a consensus forecast for 5.4% growth in same-store-sales, according to [...]
Shares of Spirit Airlines Incorporated (NASDAQ: SAVE), an airline company that provides services principally throughout the domestic U.S., have edged higher in trading today. At last check, SAVE shares were trading 2.89% higher at $24.79 on above average volume of 1.23 million. The stock hit a 52-week high of $25.64 earlier today. In the last [...]
Shares of world’s biggest retailer, Wal-Mart Stores Inc. (NYSE: WMT) have edged higher in trading today after the company reported its fourth-quarter financial results. [...]
Shares of Toyota Motor Corporation (ADR) (NYSE: TM), the Japanese automaker, are marginally lower in early trading today. At last check, TM shares were trading 0.42% lower at $90.80 on volume of 71,782. The stock fell to an intra-day low of $90.41 earlier today. TM shares have fallen more than 2% in the last three [...]
Closeout retailer Big Lots Inc (NYSE: BIG) swung into losses in the fiscal third-quarter as decline in margins along with flagging sales hurt company’s top line and bottom line; however, shares climbed nearly 7.5% in premarket trading as losses were lighter-than-expected. [...]
Shares of Tellabs Inc. (NASDAQ: TLAB), a company engaged in the designing and marketing of equipment and services to communications services providers, are soaring in trading today. At last check, TLAB shares were trading 16.27% higher at $3.43 on above average volume of 13.08 million. The stock hit an intra-day high of $3.50. [...]
Shares of PetSmart Inc. (NASDAQ: PETM), a specialty provider of products, services and solutions for the lifetime needs of pets, are soaring in trading today. At last check, PETM shares were trading 6.97% higher at $69.35 on volume of 1.26 million. The stock hit an intra-day high of $69.23 in trading today. [...]
United States’ second largest retail chain, Target Corp (NYSE: TGT) reported better-than-expected fiscal third-quarter results on Thursday. The company’s profit benefited from sale its consumer credit-card business. Meanwhile wider array of food products and discounts for cardholders brought more shoppers to TGT’s doorstep, boosting sales. [...]
Shares of FedEx Corp. (NYSE: FDX), a provider of portfolio of transportation, e-commerce and business services under the FedEx brand, rose sharply in trading today. At last check, FDX shares were trading 5.27% higher at $90.09 on above average volume of 8.12 million. The stock hit an intra-day high of $90.93 in trading today. [...] |
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