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Stocks Costco Wholesale Corp


  • 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...

  • 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...

  • 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...

  • Cramer: Big $$ craving this earnings season group Tuesday, 7 Jul 2015 | 6:13 PM ET
    Customers enter a Chipotle restaurant in New York

    Jim Cramer breaks down what triggered Tuesday's rally, just in time for the big money to pile into this group for earnings season.

  • Macy's stuck in a 'rut,' with few options: Analyst Monday, 29 Jun 2015 | 1:43 PM ET
    A shopper carries a Macy's shopping bag

    Deutsche Bank analyst Paul Trussell downgraded Macy's, citing "low confidence that the company can bust out of its same-stores sales rut."

  • These celebrity skinflints are stiffing their kids Saturday, 27 Jun 2015 | 8:00 AM ET

    These 10 wealthy well-knowns have amassed world-famous fortunes but expect their children to make their own ways in the world.

  • Why Alibaba and Best Buy set up shop in Washington Wednesday, 24 Jun 2015 | 6:55 AM ET

    Washington Gov. Jay Inslee gives his take on why companies like Alibaba, HBO and Apple have set up shop in his state.

  • Are celebrities the new activist investors? Tuesday, 23 Jun 2015 | 12:45 PM ET
    Taylor Swift performs in The 1989 World Tour at Ziggo Dome on June 21, 2015, in Amsterdam, the Netherlands.

    Celebrities are taking cues from Wall Street activist investors like Carl Ichan and penning letters to summon change.

  • Shipping costs may put retail on the naughty list Friday, 19 Jun 2015 | 12:17 PM ET
    A UPS worker delivers packages in Chicago, Dec. 26, 2013.

    Cowen and Company analyst Oliver Chen calculated how significantly reported shipping increases would hurt retailers' gross margins.

  • Pisani: Here's why the IPO market is heating up Friday, 19 Jun 2015 | 12:12 PM ET
    Employees and sellers of the online marketplace Etsy stand with CFO Kristina Salen on the floor of the Nasdaq as the company went public on April 16, 2015.

    Positive returns for investors are helping the IPO market gather steam after a slow, lackluster start to 2015.

  • What's in a name? Decoding financial advisor terms Friday, 19 Jun 2015 | 9:23 AM ET

    Fee-only vs. fee-based, hybrid vs. dually registered. CNBC makes sense of confusing financial advisor professional designations.

  • SYDNEY, June 19- Fresh fruit and vegetables are the new frontline in ALDI Inc's assault on Australia's $70 billion supermarket sector, as the German discounter looks to beat the most profitable duopoly in global groceries at their own game. For the first time, ALDI's Australian arm plans to ship fruit and vegetables direct from farms in Australia to its stores,...

  • As Woolies' CEO exits, all eyes on Lidl Wednesday, 17 Jun 2015 | 10:24 PM ET

    Australia's supermarket wars have claimed the chief executive of Woolworths, who stepped down as the sector sees an influx of foreign competitors.

  • Gone shopping: Stocks with middle class appeal Friday, 12 Jun 2015 | 4:27 PM ET
    Shoppers at a Target store in Mentor, Ohio.

    The middle class is back, and some analysts say it's time to dip into the retail stocks that could benefit the most.