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Wal-Mart Stores, Inc.

Wal-Mart Stores, Inc.
A collection of news and information related to Wal-Mart Stores, Inc. published by this site and its partners.

Top Wal-Mart Stores, Inc. Articles

Displaying items 45-55
  • Target cuts profit estimate as data breach costs rise

    Target cuts profit estimate as data breach costs rise
    Target Corp cut its second-quarter earnings estimate due to a significant rise in costs related to a data breach last year and higher promotions and discounts to lure customers in North America. The third-largest U.S. retailer also warned of weak sales...
  • Wal-Mart cuts forecast as it spends more on healthcare, online

    Wal-Mart cuts forecast as it spends more on healthcare, online
    (Reuters) - Wal-Mart Stores Inc cut its full-year profit forecast, citing higher employee healthcare costs and increased investment in its online business. The world's largest retailer, which has 1.4 million employees in the United States, raised its...
  • Kohl's profit beats estimates as costs fall

    (Reuters) - Department store chain Kohl's Corp reported a better-than-expected quarterly profit as costs fell, sending its shares up 3.4 percent in premarket trading. The company said selling, general and administrative costs fell about 2 percent to $981...
  • McDonald's CEO Thompson 'under siege' at home and abroad

    McDonald's CEO Thompson 'under siege' at home and abroad
    McDonald's Corp CEO Don Thompson sure could use a break. The head of the world's biggest restaurant chain, who for much of his two years at the helm has been battling to spark sales growth in the United States and Europe, got battered by headline-...
  • Top U.S. hedge funds up Walgreen shares; lose some taste for Apple

    (Reuters) - Top U.S. hedge fund managers did some shopping for shares of discount retailer Dollar General Corp and drug store operator Walgreen Co in the second quarter. Daniel Loeb's Third Point added 1 million shares of Dollar General, raising his...
  • U.S. retailers feel the pinch as frugal shoppers curb spending

    (Reuters) - Weak results from the likes of Wal-Mart Stores Inc and Macy's Inc are the latest sign less affluent U.S. consumers are still pinching their pennies and the trend appears to be hurting upmarket retailers as well. A number of large U.S....
  • Buffett's Berkshire reveals Charter stake, cuts DirecTV

    NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc disclosed a new $366 million stake in cable TV operator Charter Communications Inc and pared its holdings in two other pay-TV companies, part of a flurry of changes in its stock investments...
  • Wal-Mart recorta pronósticos financieros por mayor gasto en salud de empleados, negocio online

    (Reuters) - Wal-Mart Stores Inc recortó su previsión de ganancias para todo el año, citando mayores costos por los cuidados de salud de suys empleados y una mayor inversión en su negocio online. Como estaba previsto, la mayor cadena minorista a nivel...
  • Tracy Morgan leaves rehab, sues Wal-Mart over deadly crash

    Tracy Morgan leaves rehab, sues Wal-Mart over deadly crash
    Actor and comedian Tracy Morgan was released from a rehabilitation center to finish his recovery at home from a New Jersey crash in June that left him critically injured and killed a fellow passenger, his spokesman said on Saturday.  The announcement...
  • China food scandal spreads; McDonald's feels "deceived"

    China food scandal spreads; McDonald's feels "deceived"
    The latest food scandal in China is spreading fast, dragging in U.S. coffee chain Starbucks, Burger King Worldwide Inc and others, as well as McDonald's products as far away as Japan. At the center is Aurora-based meat supplier OSI Group, which supplies...
  • Target taps Cornell of PepsiCo as CEO, chairman

    Target Corp. on Thursday named Brian Cornell, a senior executive at PepsiCo Inc., to be its new chief executive, becoming the first outsider to lead the nation's fourth-largest retailer. Cornell, 55, will also become the chairman of the Minneapolis-based...