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April 17- Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Thursday confirmed that there was a security breach at certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
Michaels Stores confirmed that there was a breach of certain systems that process payment cards at its stores and that of its unit, Aaron Brothers.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Western Union Co., down 80 cents to $15.25. Barnes& Noble Inc., down $2.23 to $16.37.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks advanced slightly in choppy trading on Thursday after three days of gains, as underwhelming results from tech bellwethers Google and IBM were offset by upbeat quarterly numbers, including those from Morgan Stanley and General Electric.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks were little changed in choppy trading on Thursday following three days of gains, as underwhelming results from tech giants Google and IBM were offset by upbeat quarterly numbers including those from Morgan Stanley and General Electric.
NEW YORK— Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business. The Walmart -2- Walmart service is being rolled out in partnership with Ria Money Transfer, a subsidiary of Euronet Worldwide Inc..
The service will allow customers to transfer money to and from 4,000 of its stores.
NEW YORK— Target is taking aim at rival Amazon by expanding a service that regularly delivers products to shoppers' homes. The nation's second-largest discounter started its subscription service in September by offering 150 baby products, like baby wipes and diapers, for delivery.
China's workforce is growing more restive as it shrinks.
April 16- Yahoo Inc, which posted anemic first-quarter revenue growth, said it has nominated three new members to its board. The three members include billionaire Charles Schwab, namesake chairman and chief executive of discount broker Charles Schwab Corp..
SUNNYVALE, California— Yahoo co-founder David Filo is vying to rejoin the Internet company's board after an 18- year absence. The other nominees to the board are Charles Schwab, the founder of a stock brokerage that still bears his name, and H. Lee Scott Jr., the former CEO of Wal-Mart Stores Inc. Yahoo Inc. CEO Marissa Mayer is on Wal-Mart's board.
Costco Wholesale Corp. rose $1.43 or 1.3 percent, to $113.49. Target rose$. 43 or. 7 percent, to $59.91. Wal-Mart Stores Inc. rose$. 34 or. 4 percent, to $77.22.
WASHINGTON, April 16- The biggest U.S. business lobbying group is warning the nation's employers that labor relations could be reshaped by non-union labor groups that are backing high-profile efforts to raise wages and mandate paid sick leave.
SHANGHAI, April 17- China's workforce is growing more restive as it shrinks. "This is going to be a very tough year for employers in China," said Lesli Ligorner, Shanghai- based partner at Simmons& Simmons.
NEW YORK— Shares of some top big-box retail companies are up at 1 p.m.:. Costco Wholesale Corp. rose $1.20 or 1.1 percent, to $113.26. Wal-Mart Stores Inc. rose$. 39 or. 5 percent, to $77.27.
NEW YORK— Shares of some top big-box retail companies are up at 10 a.m.:. Costco Wholesale Corp. rose$. 69 or. 6 percent, to $112.75. Wal-Mart Stores Inc. rose$. 44 or. 6 percent, to $77.32.
April 16- Canadian grocer Metro Inc posted a higher-than-expected quarterly profit as a reorganization of its Ontario operations boosted sales and the company raised its dividend.
LONDON, April 16- Tesco, Britain's biggest retailer, said it would slash millions of pounds off prices to win back customers as a second year of falling profit stepped up pressure on chief executive Philip Clarke to quit. Tesco has suffered in recent years from failed attempts to break into the United States and Japan and a costly expansion in China.
British supermarket giant Tesco reported a dip in group sales compared to last year, highlighting the challenges it faces in the U.K. and Europe.