Wal-Mart Stories
Microsoft hopes Kinect will help revive Xbox sales in holiday season
Microsoft hopes that its newly launched hands-free sensor gadget, Kinect's growing popularity will help revive sales of its Xbox game console in the upcoming shopping season.
Retail stocks have already priced in strong Black Friday
As “Black Friday” approaches next week, U. S. retailers are expecting a strong holiday season – at least, compared to the dismal performance of the past two years.
Amazon’s New Business: Making Movies
The web retailer has decided to open a movie studio aimed at attracting aspiring filmmakers.
Walmart to give away $18 million in charity ahead of Christmas
Walmart will host first nationwide food drive at all its stores, seek the help of facebook fans in selecting communities to receive $1.5 million in grants, donate 65 refrigerator food trucks to Feeding America network of food banks and help the Salvation Army to provide meals with a $1 million donation.
Key Pre-Market Earnings Nov. 16 (HD, WMT, TJX, ANF, SKS)
The following is a compilation of major earnings results released before the market opened on November 16. The retailers took the center stage, with Home Depot and Wal-Mart reporting higher quarterly profits.
US futures down ahead of economic data
Futures on major U.S. stock indices point to lower opening on Tuesday, with futures on the S&P 500 down 0.59 percent, futures on the Dow Jones Industrial Average down 0.54 percent and Nasdaq100 futures down 0.75 percent.
Console Competitors Gear Up To Beat Nintendo
Sony and Microsoft are hoping their new motion sensor controllers help them surpass long-time industry champion Nintendo in the console race this holiday season.
Wal-Mart’s Sam's Club to leverage Wi-Fi for shopping
By November, Sam's Club stores across US will be offering Wi-Fi to enable its customers to compare prices online through their smartphones.
Best Buy plans May launch for video downloads
Top electronics chain Best Buy will launch this month its planned online service CinemaNow that allows consumers to buy, rent and download movies and television shows.
Poll shows worry about swine flu shot persists
Americans who were worried about the safety of the swine flu vaccine are still worried and it may not be easy to convince them to get themselves or their children vaccinated, researchers said on Tuesday.
Singer Blige feels Stronger with each challenge
On the chorus of her latest single, I Am, Mary J. Blige sings in her riveting voice: Ain't nobody gonna touch you better... more than I am. Since breaking through with her first R&B charting single and first No. 1 in 1992, You Remind Me, few performers have touched fans' inner emotions quite like Blige.
Wal-Mart Black Friday sales watch: clothes as low as $3 (Circular, highlights)
Retailer Wal-Mart's Black Friday advertisements have been published online promoting laptop computers below $200, $5 toys and $3 clothing, among others.
Q+A: What are the stakes in the U.S.-China yuan tussle?
China's reluctance to let markets play a freer hand in setting the value of the yuan, also called the renminbi, is a festering irritant that both the United States and China want to keep from getting out of hand.
Strait dethrones Jackson on album chart
The King of Pop stepped aside for the King of Country on Wednesday, when George Strait's
Oil rises tracking Wall Street
Oil prices rose on Thursday to near $71 a barrel after better-than-expected results from U.S. retail giant Wal-Mart reinforced hopes for an economic recovery and pushed up Wall Street stocks.
Retailers mustn't cut back on being green: study
Retailers, seeking to cut costs in the economic downturn, need to continue investing in environmental sustainability if they want to retain customers, according to a report published on Wednesday.
GM warning, GE worry send Wall St. lower at open
Stocks dropped sharply at Thursday's open, weighed down by General Motors' warning about its viability and caution about the outlook for major conglomerate General Electric .
Wal-Mart's profit beats expectations
Profit fell to $3.79 billion, or 96 cents per share, for its fiscal fourth quarter that ended January 31, from $4.096 billion, or $1.02 share, a year ago.
The company said earnings per share excluding a 7 cent charge for the settlement of class action lawsuits was $1.03 per share. Analysts, on average, had been expecting it to earn 99 cents per share, according to Reuters Estimates.
Last month, ...
Wal-Mart quarterly profit falls
Profit fell to $3.79 billion, or 96 cents per share, for its fiscal fourth quarter that ended January 31, from $4.096 billion, or $1.02 share, a year ago.
The company said earnings per share excluding a 7 cent charge for the settlement of class action lawsuits was $1.03 per share. Analysts, on average, had been expecting it to earn 99 cents per share, according to Reuters Estimates.
Last month, ...
Wal-Mart Counters Tesco's Presence in the U.S. with New Marketside Stores
Wal-Mart is planning to prepare and serve fresh food at delicatessen counters in its new Marketside convenience stores, in a bit to compete with Tesco's Fresh & Easy offering.
Wal-Mart Lowers Prices On More Drugs
Wal-Mart rolled out a 90-day special offer to American consumers on Monday that sells prescription drugs for $10. The promo includes increasing additional medications for women and unveiling $4 over-the-counter pharmaceuticals.
Wal-Mart to concentrate overseas for growth
Wal-mart, the world's largest retailer is considering concentrating more on its international stores as well as opening up more stores in other countries for its business growth.
Investors upbeat on economy, stock prices: poll
U.S. investors remain confident in the health of the economy and most expect the U.S. stock market to hold near its recent record levels or extend them modestly, according to a Reuters/Zogby poll released on Wednesday.
Linux leaders plot counterattack on Microsoft
The high priests of free software have congregated at Google Inc. headquarters this week to debate the future of the movement and face down recent patent threats by Microsoft Corp.
Price Cuts, Promotions Mark Countdown to Black Friday
As U.S. shoppers gear up for the Black Friday post-Thanksgiving shopping spree, retailers have been rushing to draw attention to promotions and aggressive price cuts.
Wal-Mart Drug Rollout Four Months Early
Wal-Mart said Thursday it will implement its $4 generic prescription program in Florida tomorrow. The rollout comes four months earlier than originally planned.
Wal-Mart to Cut Down on Packaging
Wal-Mart said on Friday it will launch a 5-year plan to reduce the amounts of natural resources it uses for packaging by 5 percent.
Wal-Mart to Reduce Packaging by 5 Pct.
Wal-Mart said on Friday it will launch a 5-year plan to reduce the amounts of natural resources it uses for packaging by 5 percent.