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  • Sept 3- Sam's Club, the membership warehouse club division of Wal-Mart Stores Inc, said on Thursday it has tied up with online car-shopping site TrueCar Inc in an effort to boost its auto business. Sam's Club said in a statement that the tie-up would give its members access to more than 10,000 TrueCar dealers and guaranteed savings off the manufacturer's...

  • The new executive, Lynn Pendergrass, previously held senior positions at Johnson& Johnson, Hewlett-Packard Co and General Electric Co, Sears said in a statement on Monday. Given her background promoting big global brands, the Pendergrass appointment could signal that Sears wants to look at expanding sales of Kenmore, Diehard and Craftsman products outside...

  • Aug 20- U.S. digital health startup Grand Rounds, which connects patients with medical experts mainly for a second opinion, said it had raised $55 million in new capital. The company, whose customers include Comcast Corp, Costco Wholesale Corp and Evernote, said on Thursday it would use the funds to expand its technology, care team and analytics platform.

  • Aug 18- Wal-Mart Stores Inc reported weaker quarterly earnings and lowered its annual forecast on Tuesday, as it copes with higher labor costs, a squeeze on pharmacy margins and sliding sales at its British supermarket chain. Net profit attributable to Wal-Mart fell to $3.48 billion, or $1.08 per share, in the second quarter ended July 31, from $3.92 billion, or...

  • The company's shares jumped as much as 7 percent to $80.14 in regular trading, after Bloomberg reported that ValueAct had built a $1 billion stake and was seeking "shareholder-friendly" changes. AmEx is not yet a core active target of ValueAct, Bloomberg said, citing people with knowledge of the matter. However, the fund could sell its stake in AmEx if it decides...

  • Aug 7- Activist hedge fund ValueAct Capital Management LP has built a $1 billion stake in American Express Co and is seeking "shareholder-friendly" changes at the credit card company, Bloomberg reported on Friday. American Express is not yet a core active target of ValueAct, Bloomberg said, citing people with knowledge of the matter. However, the fund could sell...

  • Early movers: CF, CCE, LB, COST, MDLZ, BDX & more Thursday, 6 Aug 2015 | 7:57 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Amplify IPO: $1 billion popcorn company Wednesday, 5 Aug 2015 | 12:54 PM ET
    Amplify Snack Brands CEO and President Thomas Ennis, center, is applauded as he rings the New York Stock Exchange opening bell to celebrate his company's IPO, Aug. 5, 2015.

    Of course, the popcorn matters, but it's really more about the branding and the relationship of the customer to the product.

  • Early movers: TYC, EA, NWL, LM, ITT, WY & more Friday, 31 Jul 2015 | 8:38 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • NEW YORK, July 30- American Express Co was accused in a lawsuit on Thursday of blindsiding investors with the loss of a crucial contract with Costco Wholesale Corp after having failed to reveal how significant that business had become. Costco, which sells everything from jewelry to fresh produce at its cavernous members-only stores, had an exclusive...

  • Out with luxury retail, in with off-price: Analyst Monday, 27 Jul 2015 | 12:14 PM ET
    A TJ Maxx employee and customer at a store in Washington, D.C.

    Retailers specializing in off-price merchandise are positioned to win as investors shun fashion risk and look for quality, Oliver Chen tells CNBC.

  • SANTIAGO, July 23- Chile's salmon farmers are using record levels of antibiotics to treat a virulent and pervasive bacteria, driving away some U.S. retailers including Costco Wholesale Corp, which is turning to antibiotic-free Norwegian salmon. Still, amid growing concerns in the U.S. food industry that heavy use of antibiotics in animals can spawn...

  • *2nd- qtr earnings $1.42/ shr vs est $1.32/ shr. This helped AmEx report earnings of $1.42 per share instead of $1.32 per share as analysts had estimated, according to Thomson Reuters I/B/E/S. AmEx's net income attributable to common shareholders fell 5 percent to $1.44 billion as a stronger dollar cut into revenue from markets outside the United States.

  • July 22- Credit card issuer American Express Co reported a 5 percent fall in quarterly profit as a stronger dollar reduced revenue from markets outside the United States. The company's net income attributable to common shareholders declined to $1.44 billion, or $1.42 per share, in the second quarter ended June 30, from $1.52 billion, or $1.43 per share, a year...

  • July 22- The National Retail Federation, the biggest U.S. retail association, cut its forecast for retail sales growth in the country this year, citing an unexpected slowdown in growth in the first half of the year. U.S. retail sales unexpectedly fell in June, recording the weakest since February, as households cut back on purchases, according to the latest data from...

  • TORONTO, July 20- Costco Wholesale Corp, Sam's Club and a handful of other large retailers have disabled their online photo printing stores in recent days, on concerns about a possible data breach at PNI Digital Media, which manages and/or hosts photo services sites. Other photo printing sites that might have been recently affected included Rite Aid Corp, Sam's...

  • TORONTO, July 20- Half a dozen online photo printing stores based in the United States, UK and Canada, including those of Costco Wholesale Corp and Sam's Club, became in recent days the latest retailers to face a possible data breach at PNI Digital Media, which manages and/or hosts photo services sites. Other photo printing sites that might have been recently...

  • July 20- Storied supermarket chain Great Atlantic& Pacific Tea Co Inc, better known as A&P, filed for Chapter 11 bankruptcy protection for the second time in five years and said it was in discussions with buyers for some of its stores. The company said was in talks with Acme Markets Inc, owner of Safeway and Albertsons grocery stores, Stop& Shop Supermarket Co LLC and...

  • Amazon may buy this start-up: Munster Friday, 17 Jul 2015 | 8:49 AM ET
    Employees of jet.com work and comics super heroes characters are seen on the wall at jet.com headquarter on Apr. 28, 2015 in Montclair, NJ.

    E-commerce site Jet.com hasn't launched yet, but it could be an acquisition for Amazon.com, Gene Munster told CNBC.

  • July 16- Bank of Montreal agreed to pay $16 million to end a U.S. lawsuit claiming that a lender it bought caused two bankrupt Florida funds to lose money in imprisoned swindler Thomas Petters' $3.65 billion Ponzi scheme. Bank of Montreal denied liability in agreeing to settle. The lawsuit by the trustee Barry Mukamal stemmed from Petters' relationship with...