Wal-Mart announces $10 billion share repurchase
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Wal-Mart Stores Inc. is launching a new share repurchase plan in which it will buy back $10 billion of company shares. The plan replaces a previous plan in which the company was buying back $7 billion worth of shares.
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Wal-Mart is to expand its presence in China by buying a 35% stake in discount store chain Trust-Mart.
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TOKYO : Shares in ailing Japanese retailer Daiei Inc. jumped 16 percent after US giant Wal-Mart Stores Inc. confirmed it was interested in aiding the firm&#39;s revival.
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Hewlett-Packard Co., a maker of computers, printers and information technology systems for businesses, said Monday that it bought back about $1.3 billion worth of common shares from Merrill Lynch & Co. in an accelerated repurchase program, while its board also approved the repurchase of an added $3 billion in stock.
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FAYETTEVILLE, Arkansas  - Wal-Mart Stores Inc.  said on Friday that it will moderate the growth of its supercenter stores as it tries to improve sales at its U.S. stores, sending shares of the world's largest retailer up 4 percent.
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Home Depot Inc.  has agreed to sell its supply division for more than $10 billion, sources close to the deal said on Tuesday.
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Home Depot Inc.  has agreed to  sell its supply division for more than $10 billion, sources  close to the deal said on Tuesday.
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IBM (NYSE: IBM) today announced that it repurchased $12.5 billion of its  outstanding common stock through accelerated share repurchase agreements.
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Wal-Mart Stores Inc  will spend up to 100 billion yen ($878 million) to buy out minority shareholders in Japanese supermarket unit Seiyu Ltd  in an effort to turn around the money-losing chain.
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TOKYO Wal-Mart Stores is considering taking a stake in the heavily indebted Japanese retailer Daiei, a move that could greatly expand the presence of the world&#39;s largest retailer in the world&#39;s second-largest retail market.
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- Reinsurer XL Capital Ltd  said its board authorized the repurchase of up to $1 billion of its Class A ordinary shares.
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U.S. stocks climbed  on Tuesday as  retail stocks including Wal-Mart Stores Inc. WMT.N got a  boost from a rise in January retail sales and M&A activity  builds following a $3.25 billion takeover offer for Circuit  City Stores Inc. CC.N.
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Wal-Mart Stores Inc. is expanding its national $4 generic prescription drug program by about 10 percent, adding drugs for some new conditions.
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Diversified manufacturer General Electric Co. (GE) said on Friday it boosted its quarterly dividend by 10 percent and earmarked up to $15 billion for share repurchases over the next three years.
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Wal-Mart Stores Inc.  said  on Thursday it would reopen bidding for its $580-million  advertising account just days after the departure of an  executive who led the retailer's change of ad agencies.
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Wal-Mart , the world's largest retailer, said on Monday it acquired a 35 percent stake in Chinese supercenter operator Bounteous Company Ltd., expanding its presence in the world's most populous country.
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Wal-Mart Stores , the world's largest retailer, said on Monday it acquired a 35 percent stake in China's Bounteous Company, expanding its presence in the world's most populous country.