Wal-Mart Sets Records, and Its Shares Drop
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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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Blaming a computer error, Wal-Mart Stores Inc. on Wednesday lowered its September sales estimate again. The news sent shares lower in early trading and prompted analysts to speculate about what happened at the world's largest retailer when other merchants are expected to report higher sales amid cooling temperatures and easing gasoline prices.
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Wal-Mart Stores Inc. , hurt by sluggish sales over the Thanksgiving holiday weekend, on Friday launched a rare advertising blitz in newspapers around the United States focusing on its price cuts.
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U.S. blue chips ended lower on Monday  as a disappointing sales forecast from Wal-Mart Stores Inc.  WMT.N cast a pall over sentiment, overshadowing a two-session  pullback in oil prices.
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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.
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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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US blue chips ended lower on Monday after a disappointing sales forecast from the world&#39;s biggest retailer, Wal-Mart Stores Inc.
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A disappointing sales forecast from Wal-Mart sent stocks mostly lower yesterday as investors worried that oil prices, which stabilized after last week&#39;s highs, would curb
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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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LITTLE ROCK, Arkansas Wal-Mart Stores, the world&#39;s largest retailer, on Tuesday reported a 12.7 percent rise in its earnings in the third quarter, meeting Wall Street expectations, but its stock fell on worries over its sales outlook.
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Wal-Mart Stores Inc. unsettled the retail industry yesterday, reporting a sales decline for the first time in 10 years and warning that its holiday sales would be disappointing. The discounter's news, coupled with a jump in unemployment benefit claims, raised concerns about the strength of the retailing sector at a critical time of the year.
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U.S. stocks opened lower on Monday after a disappointing sales forecast from Wal-Mart Stores Inc.  over the weekend raised doubts at the start of the holiday shopping season.
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Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) , the world&#39;s biggest retailer, posted a 13 percent rise in quarterly profit on Tuesday and raised its outlook
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Wal-Mart Stores Inc.  said on Monday it will drop prices this week on more than 16,000 products across its stores as the world's largest retailer tries to reinvigorate sales for the back-to-school shopping season.
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FAYETTEVILLE, Arkansas  - Wal-Mart Stores Inc.  said on Friday that it will slow growth of its supercenters as it tries to improve sales at its U.S. stores and will also buy back $15 billion of stock, sending the world's largest retailer's shares up 4 percent.
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WAL-MART, the worldâs largest retailer, has cut its sales forecast, in the run-up to Christmas, by more than half after suffering a fall in the number of shoppers passing through its doors
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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.