With earnings up 12.7%, Wal-Mart shares drop
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LITTLE ROCK, Ark. - Wal-Mart Stores Inc., the world&#39;s largest retailer, reported a 12.7 percent increase in its third-quarter earnings.
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Wal-Mart Stores Inc. on Tuesday said third quarter profits and sales climbed, though it called its key division&#39;s performance &quot;poor.
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Wal-Mart gave investors something on Friday they haven't seen in some time: a reason to pour some money into its shares. The world's largest retailer, under pressure by investors to improve its sales, is trimming its store growth as it balances its traditional focus on low prices with a push to be a force for change in such areas as health care and the environment.
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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 Stores Inc. (WMT.N: Quote, Profile, Research) , the world&#39;s biggest retailer, reported a 13 percent rise in quarterly profit on Tuesday, in line with expectations, and raised its outlook for the full year.
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Wal-Mart Stores (WMT), the world&#39;s largest retailer, reported a 12.7% rise in third-quarter earnings Tuesday, meeting Wall Street expectations.
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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.'s share price tumbled nearly 4 percent Monday after the world's largest retailer lowered its November sales forecast over the weekend, disappointing some analysts.
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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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Shares of Wal-Mart Stores Inc. WMT.N  ticked lower on Monday after the world's largest retailer cut  its August sales forecast.
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U.S. stocks were little changed, overcoming earlier losses, on Thursday as higher energy shares offset a disappointing outlook by Wal-Mart Stores Inc.'s and a surprise drop in Midwest business activity.
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Wall Street stocks moved mostly lower Monday on a disappointing sales forecast from Wal-Mart Stores Inc. as investors worried that oil prices would cut consumer spending and hurt companies&#39; third-quarter profits.
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Stocks fell on Tuesday as giant  retailer Wal-Mart Stores Inc. WMT.N declined on disappointing  quarterly sales while news of a sharp rise in October producer  prices fanned inflation fears.
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NEW YORK - Wal-Mart Stores Inc.'s warning of disappointing sales sent stocks lower 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 $46.58, down 14 cents, on the New York Mercantile Exchange...
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U.S. stocks ended lower on Tuesday, as  a lackluster sales report from world's largest retailer  Wal-Mart Stores Inc. WMT.N hurt that sector and a jump in  producer prices sparked concerns about inflation and higher  interest rates.
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U.S. stocks declined on Tuesday,  weighed down by retailers after Wal-Mart Stores Inc. WMT.N  reported lackluster sales, while a jump in producer prices  revived worries that the Fed could be more aggressive about  raising interest rates to rein in inflation.
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WAL-MART Stores, the worldâs largest retailer and owner of Asda supermarkets, has reported a 12.7 per cent rise in its third-quarter earnings.