Costco lowers forecast, tripping shares
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Costco Wholesale Corp. , which sells discounted goods to 47 million members, lowered its profit forecast after it cut prices on electronics. Shares fell 4.2 percent, the most in 16 months.
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Shares of CommScope Inc. fell more than 20 percent in the extended session Monday after the maker of coaxial and fiber-optic cables revised its sales outlook and announced plans for cost reductions and price increases.
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Sears Holdings Corp.  on Tuesday forecast lower quarterly profit and admitted that it needed to become more relevant to consumers and control its costs, sending its shares down as much as 7 percent in premarket trading.
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The company's sales fall, pulling down its stock price.
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AmerisourceBergen Corp. ABC.N on  Wednesday lowered its fiscal-year earnings forecast because of  lower-than-expected drug price increases, fewer product deals  from drug companies and fewer alternative sources of supply in  the December quarter.
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NEW YORK Merck led blue-chip stocks lower Thursday as the No. 2 US drug maker reduced its profit forecast after withdrawing its Vioxx painkiller.
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Stock futures signaled a slightly weaker opening on Wall Street on Thursday as disappointing monthly sales from retailers such as Costco Wholesale Corp.  were likely to hit sentiment and revive worries about consumer spending.
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The retailer cuts its full-year outlook upon experiencing lower-than-anticipated Q1 sales.
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Costco Wholesale Corp. COST.O, the  largest U.S. warehouse club, on Thursday posted a 21 percent  rise in quarterly profit but its shares fell after it failed to  beat expectations.
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U.S. blue chips ended lower on Monday  as stock investors shrugged off lower oil prices to focus  instead on a disappointing sales forecast from Wal-Mart Stores,  but the cheaper crude sent bond and gold prices lower.
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Leading shares closed lower, around the worst levels of the day, as US indices traded mixed, a Next profit warning hit retailers and ex-dividend stocks weighed, dealers said.
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Shopping.com Ltd., an online comparison shopping service, on Friday lowered the number of shares to be sold by shareholders in the company's planned initial public offering.
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Blue-chip stocks fell on Thursday as uncertainty about when the Federal Reserve would cut interest rates hurt financial shares, while a brokerage's downgrade hit shares of Wal-Mart Stores Inc .
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U.S. stocks fell on Friday after a weaker-than-expected consumer sentiment reading raised worries about the outlook for spending.
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Slashed earnings estimate pulls down shares.
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U.S. stocks edged lower on Monday after Wal-Mart Stores , the world's largest retailer, said September same-store sales came in at the low end of a forecast.
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US stocks fell after Colgate- Palmolive Co., the world&#39;s largest toothpaste producer, reduced its profit forecast and PMC-Sierra Inc.