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Wal-Mart Stores Inc

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  • Correction: Target-Free Shipping story Wednesday, 25 Feb 2015 | 12:29 PM ET

    NEW YORK— In a story Feb. 23 about Target Corp.' s free shipping policy, The Associated Press reported erroneously that Overstock.com offers free shipping only to loyalty club members. The story also changes the spelling and capitalization in several instances of Wal-Mart to conform with Associated Press style:. The minimum takes aim at competitors Wal-Mart...

  • Wal-Mart ripple effect begins with this retailer Wednesday, 25 Feb 2015 | 11:56 AM ET
    A TJ Maxx employee and customer at a store in Washington, D.C.

    Days after Wal-Mart announced pay raises, TJX said that it, too, will boost hourly wages.

  • Feb 25- U.S. retailer Target Corp reported a stronger-than-expected jump in fourth-quarter sales and profits and forecast modest growth this quarter in a sign that its online business strategy and focus on promoting select categories is working. Similar to other retailers lower fuel prices also helped, Chief Financial Officer John Mulligan told a media...

  • Early Glance: Big-box Retail companies Wednesday, 25 Feb 2015 | 11:23 AM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. fell$. 42 or. 3 percent, to $147.79. Wal-Mart Stores Inc. fell$. 23 or. 3 percent, to $84.34.

  • Are food stamps a bad thing? Not if you sell food Wednesday, 25 Feb 2015 | 11:17 AM ET
    A woman pays for her groceries using a food stamp program at a supermarket in West New York, N.J., Monday, Jan. 12, 2015.

    The House has begun hearings on the U.S. food stamp program. They'll be watched closely by more than just the hungry.

  • TJ Maxx, Marshalls to follow Wal-Mart in raising pay Wednesday, 25 Feb 2015 | 11:07 AM ET

    TJX Cos. said Wednesday that it will increase pay for its U.S. workers to at least $9 an hour starting in June. The announcement came a week after Wal-Mart Stores Inc. said it would increase starting wages for its U.S. employees to at least $9 per hour by April and by at least $10 by Feb. 2016. John Challenger, CEO of global outplacement firm Challenger, Gray& Christmas...

  • Cramer to Wal-Mart: Better watch Target Wednesday, 25 Feb 2015 | 10:10 AM ET
    Customers arrive at a Target store in St. Albert, Alberta, January 15, 2015.

    CNBC's Jim Cramer says Wal-Mart should be worried about Target after the company's latest quarterly earnings report.

  • Target to outline cost-cutting strategy next week Wednesday, 25 Feb 2015 | 10:05 AM ET
    Sale signs at a Target store in Mentor, Ohio.

    An earnings call with Target's chief financial officer John Mulligan announced changes in the week to come.

  • Feb 25- Discount apparel retailer TJX Cos Inc forecast current-quarter and full-year profit below analysts' expectations, citing a strong dollar and wage hikes. TJX said on Wednesday it would raise wages in the United States to a minimum of $9 per hour from June, a move that matches Wal-Mart Stores Inc's hike announced last week. TJX forecast a profit of 64- 66 cents...

  • TJX posts 11 pct rise in profit, to raise U.S. wages Wednesday, 25 Feb 2015 | 8:57 AM ET

    Feb 25- Discount apparel retailer TJX Cos Inc reported an 11.3 percent rise in quarterly profit and said it would raise wages in the United States to a minimum of $9 per hour from June. TJX also said it would buy back up to $1.8 billion- $1.9 billion of shares this fiscal year, $100 million- $200 million more than last year. TJX said net income rose to $648.2 million, or 93...

  • Early movers: LOW, DHR, HTZ, CHK, HPQ & more Wednesday, 25 Feb 2015 | 7:54 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • *David Potts named as new Morrisons CEO. LONDON, Feb 25- Morrisons has named former Tesco executive David Potts as its new chief executive, completing the recruitment of a triumvirate of ex-Tesco men to restore growth at Britain's fourth-biggest supermarket chain. The 57- year-old now faces the task of boosting results that have lagged behind market leader...

  • LONDON, Feb 25- Britain's No. 4 supermarket Morrisons has named former Tesco executive David Potts as its new chief executive, completing a triumvirate of ex-Tesco men at the top of the firm. Having started off stacking shelves in his local store, he rose to head the firm's supply chain, its UK business and then its Asian operations. As Morrisons' chief financial...

  • Feb 25- A prominent investor in Wal-Mart Stores Inc is pushing ahead with a campaign to link a portion of executive compensation to staff motivation, a sign that the retailer's wage hike last week won't end outside pressure over employee pay and benefits. Connecticut Treasurer Denise Nappier, whose office oversees $40 million worth of Wal-Mart shares in state...

  • Cramer Remix: The one thing to watch today Tuesday, 24 Feb 2015 | 7:15 PM ET
    Jim Cramer on the set of Mad Money

    Jim Cramer did an impression of Janet Yellen, and it was amazing. The remix party was filled with Fiesta food, pizza, and crazy charts.

  • Cramer: Healthy skepticism for Yellen makes money Tuesday, 24 Feb 2015 | 6:33 PM ET
    Janet Yellen

    Jim Cramer is tired of the amateur mindset of disbelief to this bullish market. Here's how to make money with skepticism instead.

  • Final Glance: Big-box Retail companies Tuesday, 24 Feb 2015 | 6:02 PM ET

    Costco Wholesale Corp. fell$. 18 or. 1 percent, to $148.21. Target rose$. 26 or. 3 percent, to $76.95. Wal-Mart Stores Inc. fell$. 03 or percent, to $84.57.

  • LITTLE ROCK, Ark.— Wal-Mart is criticizing a "conscience protection" bill in the retail giant's home state of Arkansas that opponents say would sanction discrimination against gays and lesbians. A spokesman for the Bentonville- based company said Tuesday the bill pending before a Senate panel that would prohibit state and local governments from imposing a "...

  • The American Progressive Bag Alliance, which represents bag manufacturers, had about 50,000 more valid signatures than the 505,000 needed to qualify the referendum after a random sample of the signatures was tallied, said Bill Mabie, chief deputy for Secretary of State Alex Padilla. "California voters will now have the chance to vote down a terrible law that, if...

  • Midday Glance: Big-box Retail companies Tuesday, 24 Feb 2015 | 1:17 PM ET

    NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. rose$. 20 or. 1 percent, to $148.59. Wal-Mart Stores Inc. fell$. 08 or. 1 percent, to $84.52.