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Amazon net jumps as U.S. sales strong, stock zooms

Amazon.com Inc. posted quarterly net profit on Tuesday that more than tripled, surprising Wall Street, as U.S. sales jumped, sending shares up 17 percent after-hours. The company also raised its forecast for full-year sales.
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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.
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Restaurants on list of top 100 US retailers: report

In a sign of the growing influence that restaurants have on how and where consumers spend their money, a major retail trade group has included for the first time six restaurant companies on its list of the top 100 retailers, released on Friday.
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Kroger profit hit by labor charge

Kroger Co., the largest U.S. grocery chain, posted a weaker-than-expected rise in quarterly profit on Tuesday due to labor unrest at a distribution center, sending its shares down in early electronic trade.
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Apple Becomes Third Biggest U.S. Music Retailer

Apple Inc.'s (NASDAQ: AAPL) popular iTunes store became the third largest music retailer in the United States, according to market research, soaring past traditional brick-and-mortar stores and other online stores.
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Best Buy posts disappointing profit

Top U.S. consumer electronics retailer Best Buy Co. Inc. on Tuesday posted a weaker-than-expected quarterly profit, dragged down by sales of lower margin products such as notebook computers and video game consoles.
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Dell Does Retail

Dell Inc.(NASDAQ: DELL) said yesterday it plans to start selling its personal computers through Wal-Mart Stores Inc.(NYSE: WMT) in North America next month, departing from the direct-to-consumer business model it was founded on.
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Target Profit Jumps 18 Pct. on Sales Growth

The second-largest U.S. retailer, Target Corp. (NYSE: TGT), said that its first-quarter profit jumped by 18 percent on Wednesday, beating analysts expectations and sending shares higher.
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Wal-Mart Profit Up but Revenue Misses Estimates

Wal-Mart Stores Inc. (NYSE WMT), reported an 8 percent profit gain for its fiscal first-quarter which was in line with analysts expectations, but may come short of analyst estimates for its second-quarter.
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Wal-Mart April Sales Drop 3.5 Pct

Wal-Mart Stores, Inc. (NYSE: WMT) said Thursday that April same-store sales declined more than previously expected at 3.5 percent due to weather conditions, and an earlier Easter.
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Online Shopping Rises in December

Online visits to the Holiday eShopping Index grew 20 percent year-over-year last week, with eBay, Amazon and Wal-Mart leading other online shopping destinations new analysis shows.
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Perrigo's Pill Recall Dents Earnings Slightly

Perrigo Co.'s (PRGO) announcement last week recalling around 11 million bottles of Acetaminophen 500 mg caplets affected over 130 retailers nationwide, however the generic drug maker won't face a large hit on its earnings for the next quarter.
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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.
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Dow record new closing high

Dow Jones industrial average created a new closing high Tuesday for the first time in nearly seven years, mainly driven by its components shares ......
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Tesco profit tops forecasts

Tesco topped analysts' average forecast with a 12.5 percent rise in underlying first half profit on Tuesday and said its plans to expand in non food and the United States were on track.
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Wal-Mart to use more part-timers, wage caps: NYT

Wal-Mart Stores Inc. is pushing to create a cheaper, more flexible work force by capping wages, using more part-time workers and scheduling more staff on nights and weekends, The New York Times reported on Monday.

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