Wal-Mart Sales Slump Keeps Stocks Muddled
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NEW YORK - A disappointing sales forecast from Wal-Mart Stores Inc. kept stocks mixed Monday as investors worried that oil prices, which stabilized after last week's highs, would harm third-quarter earnings...
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Leading shares closed up, off highs, as miners and housebuilders continued to buoy the market, however investors were given a late scare by a downturn in US stocks on news from Wal-Mart.
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U.S. blue chips were near the  unchanged mark on Monday as a disappointing sales forecast from  retailer Wal-Mart Stores Inc. WMT.N dampened sentiment,  offsetting the benefit of easing oil prices.
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Blue chips ended lower on Monday,  under pressure from disappointing Thanksgiving sales from No. 1  retailer Wal-Mart Stores Inc. WMT.N, while tech stocks drew  support from Apple Computer Inc. AAPL.O and drove the Nasdaq  to its highest close in 10 months.
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U.S. stock futures slipped on Monday, suggesting a weaker start on Wall Street, as investors worried about a soft retail environment after a disappointing sales forecast from Wal-Mart Stores Inc.  and a rise in crude oil prices.
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U.S. blue chips were little changed on  Monday as a disappointing sales forecast from Wal-Mart Stores  Inc. WMT.N, the world's biggest retailer, offset the effect  of easing oil prices.
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Wal-Mart Stores Inc., the No. 1 US retailer, on Thursday posted weak November sales and gave its lowest monthly forecast in 19 months for December as high oil prices crimp core lower-income consumers&#39; spending.
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A DISAPPOINTING sales forecast from Wal-Mart Stores Inc sent US stocks mostly lower today as investors worried that oil prices, which stabilised after last week&#39;s highs, would
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Wal-Mart Stores Inc. WMT.N on Monday  maintained its September sales forecast and said back-to-school  demand picked up for key categories including electronics and  clothing after a sluggish start.
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Leading shares finished the day in positive territory, but well off intra-day highs, dragged down by weakness in retailer Wal-Mart and a spike in the price of crude, dealers said.
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Wal-Mart Stores Inc.'s  lackluster December sales forecast on Thursday cast doubt on its fourth-quarter prospects, while its nearest rival, Target Corp. , continued to shine.
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Wal-Mart Stores Inc.'s  shares dipped 1 percent early on Monday as Wall Street tried to determine what caused surprisingly weak November sales and looked ahead nervously to a make-or-break December.
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Wall Street was narrowly mixed in early trading Monday as lingering concerns about the economy offset better-than-expected sales from Wal-Mart Stores Inc. and a flurry of acquisition activity.
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NEW YORK - Wal-Mart Stores Inc.'s warning of disappointing sales sent stocks fluctuating Monday as investors' concerns about a slowing economy offset their relief over a drop in oil prices.    October contracts for a barrel of light crude were quoted at $46.48, down 24 cents, on the New York Mercantile Exchange...
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Not many companies report record sales and earnings and then watch their share prices fall. But that is what happened to Wal-Mart Stores yesterday.
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Amid reports yesterday of sluggish back-to-school sales from the nation's largest retailer, Wal-Mart Stores Inc. , analysts maintained forecasts for a decent retail season.
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Stocks fell on Tuesday as disappointing results from Home Depot Inc.  overshadowed stronger-than-expected profit at Wal-Mart Stores Inc.  and several major takeover announcements.