| Nov 19, 2013
| 8:14 AM
Home Depot, the country's largest home-improvement retailer, reported a 43% jump in third-quarter earnings, thanks largely to the housing recovery.
Net income rose to $1.35 billion in the quarter that ended Nov. 3 from $947 million a year earlier....
| Nov 14, 2013
| 8:20 AM
Wal-Mart Stores Inc. on Thursday reported lower-than-expected fiscal third-quarter revenue and another drop in a key U.S. sales figure. The retail giant also reduced its full-year forecast for the second time.
All this just before the key holiday...
| Nov 22, 2013
| 9:44 AM
Some 140 million people plan to shop on Thanksgiving and Black Friday all the way through next weekend, but outdoor apparel company Patagonia Inc. said it hopes the crowds will refrain from buying all-new items.
Instead, the Ventura-based retailer wants...
| Nov 14, 2013
| 3:34 PM
American Apparel Inc. struggled with out-of-stock items and high costs as it continued to transition to a new distribution center in La Mirada, resulting in disappointing earnings for the period ended Sept. 30.
The Los Angeles company said its revenue...
| Dec 10, 2013
| 10:38 AM
Broadcom Corp., an Irvine company that makes chips used in popular tech gadgets including Apple Inc.’s iPhone and iPad, says sales this quarter will be higher than it initially forecast.
The company said in a statement Tuesday that it expected...
| Nov 7, 2013
| 2:34 PM
Walt Disney Co. reported a 12% increase in net income for its fiscal fourth quarter, lifted by the performance of its consumer products, studio, and parks and resorts divisions.
The Burbank company posted net income of $1.394 billion for the quarter...
| Oct 23, 2013
| 10:57 AM
Insurance giant WellPoint Inc., a key player in the rollout of the Affordable Care Act, said it remains optimistic about the healthcare expansion despite the rocky start of a federal insurance exchange.
WellPoint's chief executive, Joseph Swedish, and...
| Feb 6, 2014
| 7:30 AM
General Motors Co. posted a small increase in fourth-quarter profit but its results for the period disappointed Wall Street as business deteriorated in Asia and South America and the costs of restructuring operations in Europe mounted.
| Feb 14, 2014
| 8:53 AM
Hyatt Hotels Corp recorded a better-than-expected jump in quarterly revenue as growing confidence in the U.S. economy drew more business travelers and tourists to its hotels in the Americas.
Hyatt's shares rose as much as 8 percent to a record high after...
| Feb 20, 2014
| 12:29 PM
The debate over the minimum wage, both in Maryland and nationally, and related concerns over income inequality have provoked some unpleasant and ongoing side effects. The recent trend of billionaires flaunting their perceived superiority over the less-...
| Feb 27, 2014
| 11:15 AM
J.C. Penney Co. Inc. shares climbed 25 percent Thursday following an upbeat earnings report suggesting that the department store chan may be turning a corner after two years of massive losses.
Shares were trading at $7.42 up $1.46, or 24.5 percent,...