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Costco Wholesale Corp

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  • How the Dow Jones industrial average fared on Thursday Thursday, 5 Mar 2015 | 4:48 PM ET

    Positive earnings news helped nudge stocks higher on Thursday, breaking a two-day losing streak. Supermarket operator Kroger jumped after reporting income that was ahead of what analysts were expecting. Costco also rose after its earnings beat estimates.

  • AbbVie and Costco are big market movers Thursday, 5 Mar 2015 | 4:35 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. AbbVie Inc., down $3.41 to $56.86. Joy Global Inc., down $2.19 to $39.94.

  • Midday Glance: Big-box Retail companies Thursday, 5 Mar 2015 | 1:28 PM ET

    NEW YORK— Shares of some top big-box retail companies are up at 1 p.m.:. Costco Wholesale Corp. rose $2.94 or 2.0 percent, to $150.11. Wal-Mart Stores Inc. rose$. 62 or. 8 percent, to $83.20.

  • Supermarket operator Kroger jumped 5 percent Thursday after reporting income that was ahead of what analysts were looking for. Costco rose 2 percent after its earnings beat estimates. European stocks rose after the European Central Bank upgraded its growth forecast and said its bond-buying stimulus program would start on Monday.

  • US STOCKS-Wall St little changed after 2-day drop, data Thursday, 5 Mar 2015 | 11:29 AM ET

    *AbbVie to buy Pharmacyclics for about $21 bln. NEW YORK, March 5- U.S. stocks were little changed on Thursday, in the wake of two days of declines on the S&P 500, as economic data did little to alter expectations on the timing of an interest rate hike by the Federal Reserve. "There is nothing really to drive sentiment one way or the other that is going to change people's...

  • Early Glance: Big-box Retail companies Thursday, 5 Mar 2015 | 11:23 AM ET

    NEW YORK— Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose $3.38 or 2.3 percent, to $150.55. Wal-Mart Stores Inc. rose$. 95 or 1.2 percent, to $83.53.

  • *AbbVie to buy Pharmacyclics for about $21 bln. NEW YORK, March 5- U.S. stocks were little changed on Thursday, in the wake of two days of declines on the S&P 500, as gains were curbed by a higher-than-expected initial jobless claims report ahead of a report on factory orders. "That's a bit of an uptick because we've been pretty consistently in the upper 200,000 range,"...

  • Supermarket operator Kroger jumped 6 percent early Thursday after reporting income that was well ahead of what analysts were looking for. Costco also rose 2 percent after its own earnings beat estimates. The price of oil fell 47 cents to $51.07 a barrel in early trading in New York.

  • *AbbVie to buy Pharmacyclics for about $21 bln. *Costco climbs in premarket after results. "That's a bit of an uptick because we've been pretty consistently in the upper 200,000 range," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.

  • *AbbVie to buy Pharmacyclics for about $21 bln. *Costco climbs in premarket after results. NEW YORK, March 5- U.S. stock index futures edged up on Thursday, after two days of declines on the S&P 500, ahead of data on the labor market and factory orders.

  • ISSAQUAH, Wash.— Costco's second-quarter profit easily topped Wall Street estimates thanks in part to a tax bump from the payout of a special dividend last month. Industry analysts were looking for earnings of $1.17 per share, according to a poll of analysts by Zacks Investment Research. The Issaquah, Washington, company posted revenue of $27.45 billion in the...

  • March 5- Costco Wholesale Corp reported a better-than-expected quarterly profit, helped by a tax benefit related to its special cash dividend last month. Costco, the third-largest U.S. retailer, said net income rose to $598 million, or $1.35 per share, for the second quarter ended Feb. 15, from $463 million, or $1.05 per share a year earlier. The results include a tax...

  • Costco posts higher Q2 profit on tax benefit Thursday, 5 Mar 2015 | 3:19 AM ET

    March 5- Costco Wholesale Corp reported a higher quarterly profit, due to a tax benefit related to its special cash dividend last month. Costco, the third-largest U.S. retailer, said net income rose to $598 million, or $1.35 per share, for the second quarter ended Feb. 15, from $463 million, or $1.05 per share a year earlier. Total revenue, which includes membership fees,...

  • NEW YORK, March 5- Citigroup Inc had at least one advantage in its successful bid for the exclusive right to issue credit cards for Costco Wholesale Corp, rivals and tax specialists say: it lost so much money during the financial crisis that it has billions of dollars of tax credits. Citigroup and Costco have not disclosed terms of the deal, and outsiders can only...

  • Final Glance: Big-box Retail companies Wednesday, 4 Mar 2015 | 6:17 PM ET

    Costco Wholesale Corp. fell$. 20 or. 1 percent, to $147.17. Target fell$. 28 or. 4 percent, to $77.72. Wal-Mart Stores Inc. fell$. 79 or. 9 percent, to $82.58.

  • Midday Glance: Big-box Retail companies Wednesday, 4 Mar 2015 | 1:16 PM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. fell$. 79 or. 5 percent, to $146.58. Wal-Mart Stores Inc. fell$. 69 or. 8 percent, to $82.68.

  • Early Glance: Big-box Retail companies Wednesday, 4 Mar 2015 | 10:36 AM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. fell $1.27 or. 9 percent, to $146.10. Wal-Mart Stores Inc. fell$. 91 or 1.1 percent, to $82.46.

  • Final Glance: Big-box Retail companies Tuesday, 3 Mar 2015 | 6:05 PM ET

    Costco Wholesale Corp. fell$. 57 or. 4 percent, to $147.37. Target rose$. 32 or. 4 percent, to $78.00. Wal-Mart Stores Inc. fell$. 59 or. 7 percent, to $83.37.

  • Cramer: Citi’s moves are long overdue Tuesday, 3 Mar 2015 | 12:50 PM ET

    CNBC's Jim Cramer said Tuesday that it's about time Citigroup executed some of its latest moves.

  • NEW YORK— U.S. stocks fell from record highs on Tuesday and the Nasdaq dropped below 5,000 a day after passing that milestone for the first time since the dot-com era 15 years ago. The losses were modest but broad, with eight industry sectors in the Standard and Poor's 500 index falling. Ford Motor slumped after reporting U.S. sales from last month that disappointed...