Walmart

Walgreen profit jumps 25 percent

Walgreen Co., the largest U.S. drugstore chain, posted a 25 percent rise in quarterly profit on Monday, driven by strong sales of prescription medications and the addition of the Happy Harry's chain.

Target Stores Hitting Their Mark

Target Corp., the US market's second largest retailer, endured an uncertain economy in the latest quarter to earn a solid profit which beat Wall Street expectations.

Wal-Mart Closes Shop in Germany

Wal-Mart, the world's biggest retailer, announced today that it decided to close its operations in Germany, by selling its 85 stores to a local rival, Düsseldorf-based Metro AG.

JPMorgan says stock rout could worsen

A global sell-off in stocks that started in May is not over and may only be just starting, Abhijit Chakrabortti, global equity strategist at JPMorgan Chase & Co., said on Tuesday.

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