Castlight Health will be in the spotlight, coming to market with a valuation of more than $1 billion, after pricing its IPO above range.» Read More
Costco Wholesale Corp. fell$. 96 or. 8 percent, to $113.45. Target fell$. 37 or. 6 percent, to $59.36. Wal-Mart Stores Inc. fell$. 65 or. 9 percent, to $74.28.
NEW YORK-- Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. fell$. 41 or. 4 percent, to $114.00. Wal-Mart Stores Inc. fell$. 25 or. 3 percent, to $74.68.
NEW YORK-- Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. rose$. 44 or. 4 percent, to $114.85. Wal-Mart Stores Inc. fell$. 08 or. 1 percent, to $74.85.
Costco Wholesale Corp. fell$. 80 or. 7 percent, to $114.41. Target fell $1.37 or 2.2 percent, to $59.73. Wal-Mart Stores Inc. fell$. 60 or. 8 percent, to $74.93.
March 13- Retailer Dollar General Corp reported lower-than-expected sales for the holiday quarter on Thursday, blaming weak consumer confidence among its low-income shoppers, cold weather and aggressive competition.
LONDON, March 13- Britain's Wm Morrison Supermarkets sparked fears of an industry price war on Thursday after it posted its lowest profit for five years and said it would invest 1 billion pounds in price cuts over three years to win back customers.
*Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. *Unit seeks $20 bln to $25 bln valuation- Bloomberg. GE will look to raise as much as $3.5 billion from the IPO and seek a valuation of $20 billion to $25 billion for the unit, Bloomberg reported, citing people with knowledge of the matter.
SAO PAULO, March 13- France's Carrefour SA could raise as much as 5 billion reais from the sale of a stake in its Brazilian unit, one source with direct knowledge of the situation said, with potential bidders including Brazilian tycoon Abilio Diniz and a sovereign wealth fund.
*Goldman Sachs, JP Morgan, Citigroup, Morgan Stanley are lead underwriters. March 13- General Electric Co's credit card unit filed for an initial public offering, the first step in the conglomerate's planned exit from the retail finance business.
LONDON, March 13- Britain's Wm Morrison Supermarkets sparked talk of an industry price war on Thursday after it posted its lowest profit for five years and said it would invest 1 billion pounds in price cuts over three years in a bid to recover.
Dollar General follows Wal-Mart Stores Inc, Target Corp, Kohl's Corp and other retailers catering to lower-income shoppers in reporting weaker-than-expected sales for what analysts have called a particularly competitive holiday season.
March 12- Empire Co Ltd, the operator of Canadian grocery chain Sobeys, reported a steep fall in quarterly profit, hurt by higher inventory losses and higher costs due to a weaker Canadian dollar. Net earnings fell to C $40,000, or nil Canadian cents per share, in the third quarter, ended Feb 1, from C $74.1 million, or C $1.09 per share, a year earlier.
While the Canadian discount sector is over-penetrated by American competitors, the luxury space still has room to grow.
Small business dealing with big companies use good old-fashioned pavement pounding.
The fuel cell maker is actively deceiving investors with guidance and is worth a fraction of its current price, says Andrew Left of Citron Research.
Copper continues to crumble amid China growth worries and a weak Yuan. Strong global growth is key to keep stocks at records.
Wal-Mart said that U.S. sales have improved after bitter cold dented business.
BERLIN, March 10- Initial inspections of Bangladesh garment factories organised after the collapse of the Rana Plaza complex have found safety problems including overloaded ceilings, exposed cables and locked fire escapes, an industry-backed group said on Monday.
CNBC’s Jim Cramer explains why some experts think 3-D printing stocks could fall further after an epic run last year.
Some of the names on the move ahead of the open.