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Source: www.businessweek.com --- 1 day ago
The club-store chain warns earnings will fall short of estimates because of higher food and energy costs. ... Source: online.wsj.com --- 1 day ago
Costco warned profit will fall "well below" Wall Street's expectations, citing rising costs for merchandise. Shares fell nearly 12%. ... Source: www.marketwatch.com --- 1 day ago
NEW YORK (MarketWatch) - Retail shares were mixed Wednesday, with a surprise profit warning from Costco Wholesale Corp. raising more worries about the outlook for the industry that has been battered by slowing consumer spending. ... Source: www.marketwatch.com --- 1 day ago
U.S. stock futures pointed to a stronger start on Wednesday, as a continued drop in oil prices and increased optimism in the hard-hit financial sector offset a profit warning from Costco Wholesale on another busy session for earnings reports. ... Source: community.marketwatch.com --- 1 day ago
... Source: money.telegraph.co.uk --- 19 hours ago
It was a tale of two very different consumer companies in the US in the second quarter of the year. ... Source: seattletimes.nwsource.com --- 1 day ago
Costco Wholesale said Wednesday its earnings for the current quarter will be lower than expected as it delays raising prices amid soaring... ... Source: www.startribune.com --- 1 day ago
The retailer faces a dilemma that's all too familiar in the sector: Absorb higher costs or risk driving away consumers. ... Source: www.smartmoney.com --- 1 day ago
Inflationary pressures crimp the retailer's bottom line, prompt profit warning. ... Source: www.thenewstribune.com --- 1 day ago
NEW YORK – Costco Wholesale Corp. said Wednesday that its earnings for the current quarter will be lower than expected as it delays raising prices on items from food to patio sets amid soaring energy costs. ... Source: products.datamation.com --- 3 hours ago
AccessLine's combined system-and-service offering is being marketed to the retailer's business members nationwide. ... Source: www.observer.com --- 6 hours ago
Extell Development is in talks with discount bulk retailer Costco to occupy a large underground store as part of a new 3.3 million-square-foot development of mostly residential buildings on the Upper West Side. Extell, led by Gary Barnett , is seeking to move forward on developing the last parcels of Riverside South, the 55-acre swath of Upper West Side land known as Trump City when Donald Trump first started planning the complex in the 1980s. The company's plans for the final parcels between 59th and 61st streets would need approval of the City Council and City Planning Commission, as the firm is seeking to change the initial restrictions to allow for more density and different uses (the original development planned for a commercial tower for NBC at the site). read more » ... Source: www.myrtlebeachonline.com --- 1 day ago
Costco Wholesale Corp. said Wednesday that its earnings for the current quarter will be lower than expected as it delays raising prices on items from food to patio sets amid soaring energy costs that have accelerated in recent weeks. Shares in the nation's No. 1 warehouse club operator - which had been one of the few bright spots in retailing - plummeted almost 12 percent Wednesday. Rival BJ's Wholesale Club Inc. fell more than 10 percent as investors see Costco's willingness to hold prices on some products steady as a sign BJ's may have to do the same. The reduced profit outlook from Costco reflects a dilemma that retailers, particularly low-price operators, face as the economy struggles: whether to raise prices on products - which could cost them customers - or resist price increases from suppliers as long as possible, a move that depresses profits as they absorb higher costs. ... Source: www.heraldnet.com --- 1 day ago
NEW YORK -- Costco Wholesale Corp., which had been one of the few bright spots in retailing, said Wednesday that its earnings will miss Wall Street... ... Source: www.streetinsider.com --- 4 hours ago
StreetInsider.com's Top 10 News Items for the Week of July 21-25: 1. Oil down, natural gas and other commodities continued their recent sell-off 2. Late Monday, American Express (NYSE: AXP) reported disappointing results and guidance . The news sent fears through the market that the high end U.S. consumer is slowing down. American Express fell 7% on Tuesday after the news. 3. On Wednesday, Costco Wholesale Corporation (NASDAQ: COST) said earnings per share for the fourth quarter are expected to be well below the current First Call consensus earnings per share estimate of $1.00. 4. On Monday, Bank of ... Source: www.momlogic.com --- 4 hours ago
Sleep Innovations Inc. is recalling 120,000 Cuddly Comfort Pillows sold at Costco stores nationwide. The pillows may contain small metal fragments in the fiber fill and may cause abrasions and cuts to the users. For more information, click here . ... Source: www.opticianonline.net --- 10 hours ago
... Source: www.mailtribune.com --- 1 day ago
Costco Wholesale Corp. said Wednesday that its earnings for the current quarter will be lower than expected as it delays raising prices on items from food to patio sets amid soaring energy costs that have accelerated in recent weeks. ... Source: www.mailtribune.com --- 1 day ago
Costco Wholesale Corp. ... Source: www.topix.com --- 14 hours ago
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE AT&T Inc., up $1.73 at $33.55 The telecommunications company met adjusted second-quarter ... ... Find more results for Costco on RSSMicro.com |
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