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Costco Wholesale Corp

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  • Citigroup CEO defends credit card deal with Costco Thursday, 28 May 2015 | 11:15 AM ET

    NEW YORK, May 28- Citigroup Inc CEO Mike Corbat said the deal the bank made with Costco Wholesale Corp to replace American Express Co as the issuer of credit cards for the retailer will be profitable for his shareholders. Responding to speculation in the card industry that Citigroup gave too much to Costco in negotiations earlier, Corbat said the deal is "without a...

  • May 27- Warehouse club operator Costco Wholesale Corp reported a decline in quarterly comparable sales and lower-than-expected sales, hurt by gasoline price deflation and a stronger dollar that reduced value of sales from overseas markets. Costco sells gas at a lower margin, in order to attract more customers to its stores who then spend on higher-margin...

  • Costco third-qtr comparable sales fall 1 percent Wednesday, 27 May 2015 | 9:09 PM ET

    May 27- Warehouse club operator Costco Wholesale Corp reported a decline in quarterly comparable sales, hurt by gasoline price deflation and a stronger dollar that reduced value of sales from overseas markets. Net income attributable to the company rose to $516 million, or $1.17 per share in the third quarter ended May 10 from $473 million, or $1.07 per share, a...

  • Top trades to go before the closing bell Wednesday, 27 May 2015 | 1:42 PM ET

    The "Halftime Report" traders give their top trades before the closing bell.

  • Utah defends contentious law on contact lens price-fixing Wednesday, 27 May 2015 | 12:25 PM ET

    SALT LAKE CITY— Utah state attorneys have asked an appeals court to clear the way for a contentious law that bans price fixing by contact lens makers and could have wide-ranging implications for the $4 billion industry. They were joined by the discount retailers Costco and Utah- based 1-800 Contacts. Suing to block the law are lens makers Alcon Laboratories,...

  • 4 trades ahead of big retail earnings Tuesday, 26 May 2015 | 6:52 PM ET
    A Costco store in Richmond, Calif., March 6, 2014.

    Costco, Tiffany and Michael Kors all report earnings on Wednesday, and "Fast Money" traders discussed how to play their stocks.

  • Cramer's game plan: Big action next week! Friday, 22 May 2015 | 6:12 PM ET
    A woman walks past Salesforce.com signage at the DreamForce Conference in San Francisco, California.

    Jim Cramer reviews the stocks and events he will be watching next week, and is preparing for some big action ahead.

  • CHICAGO, May 22- Wal-Mart Stores Inc is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first large retailer to take such a public stand against the excessive use of drugs in raising farm animals. Wal-Mart, the country's biggest food retailer, is also telling suppliers not to raise animals in gestation crates or in...

  • Cramer: PayPal—Your favorite pal with benefits? Thursday, 21 May 2015 | 6:42 PM ET
    Signage for PayPal outside the company's offices in Dubin, Ireland.

    Jim Cramer prepares investors for eBay and PayPal's planned split. Could this spin-off put your portfolio in the friend zone?

  • YOUR MONEY-In defense of the courthouse wedding Thursday, 21 May 2015 | 9:30 AM ET

    NEW YORK, May 21- When Scott Oeth was thinking about proposing to his girlfriend, Linda Hardin, he knew the stats. That's when the Minneapolis financial planner thought, No way. More newlyweds seem to be thinking like Scott Oeth and Linda Hardin.

  • May 19- Wal-Mart Stores Inc on Tuesday joined the list of U.S. retailers reporting disappointing quarterly results, saying consumers' pocketing tax refunds and savings from cheaper gasoline had dented its sales growth. The results illustrate the obstacles facing Chief Executive Officer Doug McMillon, who took the job 15 months ago. Wal-Mart said sales at...

  • Sellers of staples are at an unfortunate crossroads Tuesday, 19 May 2015 | 12:30 PM ET
    A shopper in a Walmart store in Broomfield, Colorado.

    Companies such as Wal-Mart and Costco are at the intersection between lower food and gas prices, and consumers' reticence to spend more.

  • Wet wipe maker agrees to roll back flushing claims Monday, 18 May 2015 | 12:45 PM ET
    Jessica Rich, director of the Federal Trade Commission's Bureau of Consumer Protection

    The FTC alleges that Nice-Pak misrepresented products, claiming they would break up shortly after being flushed down toilets.

  • The top 10 cities for college grads Saturday, 16 May 2015 | 7:00 AM ET
    college graduates

    To determine the best cities for recent college graduates, Rent.com considered everything from employment rates to good restaurants. Here's its list.

  • Cramer: Profit from this vicious stock rotation Thursday, 14 May 2015 | 6:41 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Jim Cramer gives his tricks of the trade on how to profit from the huge rotation of stocks in the market right now.

  • These 10 retailers take two-thirds of your money Thursday, 14 May 2015 | 7:48 AM ET
    Residents shop at Walmart as the store prepares for Black Friday in Los Angeles, Calif., November 24, 2014.

    These 10 retailers take in 66 percent of your money, USA Today reports.

  • NEW YORK, May 13- Facebook raised wages for its contract workers, such as cafeteria staff and janitors, to a minimum of $15 per hour amid rising tension over the wage gap between the technology sector's elite and the lower-paid workers. Facebook implemented the wage increase for some workers at its Menlo Park headquarters as of May 1. As debates rage in Congress and...

  • Disruptor 50: No. 24 Hampton Creek Tuesday, 12 May 2015 | 7:00 AM ET
    Josh Tetrick, founder of Hampton Creek

    Many believe these plant-based products are shaping the future of food, including Bill Gates and Facebook co-founder Eduardo Saverin.

  • Cramer: What the heck to do with Whole Foods Friday, 8 May 2015 | 6:31 PM ET
    A man walks into Whole Foods Market in the Brooklyn borough in New York.

    Jim Cramer questions his entire stock methodology, thanks to Whole Foods. A great place to shop, but should we love the stock?

  • Wal-Mart, Target Corp, T.J. Maxx, Gap, and McDonald's Corp have already announced wage increases, and the trend appears to be trickling further into the retail and restaurant sectors. So far in this reporting season, companies such as Bed Bath& Beyond Inc and Buffalo Wild Wings Inc have discussed wage pressure, while Pier 1 Imports Inc plans incentive pay for the...