Wal-Mart profit climbs nearly 13% in quarter
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Wal-Mart Stores Inc. met Wall Street expectations with a 12.7 percent increase in its fiscal third-quarter earnings. Wal-Mart said Tuesday it earned $2.29 billion, or 54 cents per share, in the August-October
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Johnson &amp; Johnson, which makes products ranging from heart stents to Band-Aids, said third- quarter profit rose 13 percent on higher sales of drugs used to treat rheumatoid arthritis and schizophrenia.
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Wal-Mart Stores Inc., the world&#39;s largest retailer, met Wall Street expectations with a 12.7 percent rise in its third-quarter earnings Tuesday and bumped up its own projection for the full year&#39;s profit.
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-- Wal-Mart Stores Inc. on Tuesday reported fourth-quarter profit growth of 8.8 percent to beat analyst estimates, and issued a bullish forecast for the year ahead.
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Target, the No. 2 discount chain behind Wal-Mart Stores, said profit rose to $651 million, or 75 cents a share, from $554 million, or 63 cents a share, a year earlier.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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The world's biggest retailer, Wal-Mart, reports higher profits but says this year will be challenging.
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Wal-Mart Stores Inc.  posted a better-than-expected 9.8 percent rise in fourth-quarter profit on Tuesday, helped by cost controls and international sales.
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Walgreen Co , one of the  largest U.S. drugstore operators, said on Friday quarterly  profit rose a better-than-expected 5.5 percent, helped by  higher sales and cost controls.
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Walgreen Co., the top US drugstore chain, said Monday its quarterly profit rose 18.1 percent due to rising prescription demand and strong sales from its highly profitable nonpharmacy segment, including digital photo processing.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.
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Department store operator Nordstrom Inc. on Tuesday said third-quarter profit jumped on higher sales, inventory changes and lower expenses, leading it above Wall Street estimates.
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US stocks rose on Tuesday as traders were cheered by better-than-expected quarterly earnings at Wal-Mart Stores (NYSE:WMT), the country's biggest retailer.
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Wal-Mart Stores, Inc. reported a modest four percent rise in quarterly profits on Tuesday as the world's biggest retailer appeared to weather an abrupt slowdown in US economic growth.
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The food maker General Mills reported a slightly higher profit in its latest quarter on Wednesday, as stronger sales offset rising costs for ingredients and price increases did not faze consumers.
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Wal-Mart Stores Inc. WMT.N, the  world's biggest retailer, on Tuesday reported higher quarterly  profit, meeting Wall Street expectations, and said it was  optimistic about the rest of the year.
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Wal-Mart Stores Inc. WMT.N, the  world's biggest retailer, posted a 13 percent rise in quarterly  profit on Tuesday and brightened its full-year outlook, raising  retailers' hopes for a merry Christmas.