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Wal Mart Stores Inc

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  • *Euro falls back below $1.12. NEW YORK, May 19- U.S. and European equities rose to trade near record highs on Tuesday, and the euro tumbled on signals the European Central Bank may accelerate its 1 trillion euro bond-buying program over the next two months. Wall Street's Dow Industrials index closed at an all-time high, though other major U.S. stock indexes mostly...

  • Los Angeles raises minimum wage to $15 an hour Tuesday, 19 May 2015 | 5:00 PM ET
    Fast food workers, healthcare workers and their supporters march to demand an increase of the minimum wage to $15 per hour, in Los Angeles on December 4, 2014.

    Los Angeles will raise its minimum wage by 2020, as workers in the U.S. rally for higher wages, The New York Times reports.

  • Wal-Mart and Red-Robin are big market movers Tuesday, 19 May 2015 | 4:40 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Wal-Mart Stores Inc., down $3.49 to $76.43. Dick's Sporting Goods Inc., down $2.86 to $53.43.

  • *Housing starts jump to 7.5- yr high. May 19- U.S. stocks ended mixed on Tuesday, with the Dow rising marginally to a second straight record high, as Wall Street digested housing data that some saw as hopeful for an economy struggling to grow. "There really is a lot of fear about the threat of higher interest rates," said Jake Dollarhide, chief executive officer of Longbow...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed mixed on Tuesday as investors eyed renewed gains in yields and the dollar ahead of the Federal Reserve meeting minutes

  • 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...

  • May 19- The S&P 500 wavered on Tuesday afternoon as Wall Street digested U.S. housing data that some saw as hopeful for an economy struggling to grow. "It continues to be this Goldilocks scenario of slow modest growth and low inflation," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York. At 2:44 p.m., the Dow Jones industrial...

  • Wal-Mart's woes: 5 ways it's trying to fix them Tuesday, 19 May 2015 | 2:16 PM ET
    Customers shop at a Walmart Neighborhood Market store on August 15, 2013 in Chicago.

    The world's largest retailer on Tuesday disappointed on both the top and bottom lines, but it wasn't all bad news.

  • 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.

  • *First-quarter sales not counting fuel down 3.9 pct. LONDON, May 19- Asda, the British arm of U.S. retailer Wal-Mart, reported its worst quarterly sales fall in more than five years on Tuesday, but insisted its long-term strategy was the right one. "Despite signs of a real and sustainable economic recovery, 2015 is setting itself up to be the most challenging year yet...

  • WASHINGTON, May 19- U.S. housing starts jumped to their highest level in nearly 7-1/ 2 years in April and building permits soared, hopeful signs for an economy that is struggling to regain strong momentum after a dismal first quarter. "The stronger starts and permits data suggests that some real gauges of economic activity may finally be starting to accelerate...

  • US STOCKS-Wall St little changed, held back by Wal-Mart Tuesday, 19 May 2015 | 11:32 AM ET

    *Wal-Mart biggest drag on Dow, S&P. May 19- U.S. stocks were little changed on Tuesday, constrained by Wal-Mart's weak results and as investors took a breather after a rally that took the Dow Jones industrial average and the S&P 500 to record closing highs the previous day. "I definitely think the markets are overvalued at this time but it's the only place where the...

  • Europe ends sharply higher on ECB QE pledge Tuesday, 19 May 2015 | 11:30 AM ET

    European equities finished sharply higher, with investors reacting to corporate earnings and focusing on comments by a member of the ECB.

  • *Wall Street backs off highs. NEW YORK, May 19- Equities around the world jumped on Tuesday and the euro tumbled on signals the European Central Bank may accelerate its 1 trillion euro bond-buying program over the next two months. Wall Street, which closed at record highs on Monday, reacted little to the upbeat housing data and was last down on weak results from...

  • Paid sick leave is a 'luxury' for many Tuesday, 19 May 2015 | 11:17 AM ET
    Shannon Henderson poses outside the Walmart store where she works as a part-time customer service representative, in Sacramento, California.

    Paid sick leave is the next frontier in the fight for the lowest earners. It has caught the attention of governments and companies alike.

  • May 19- Wal-Mart Stores Inc on Tuesday became the latest U.S. retailer to report weaker-than-expected quarterly sales, saying consumers were pocketing tax refunds and savings from cheaper gasoline rather than buying unnecessary items. Wal-Mart said sales at stores open more than a year increased by 1.1 percent in the 13 weeks ended on May 1 from a year earlier.

  • US STOCKS-Wall St slips, Wal-Mart biggest drag Tuesday, 19 May 2015 | 10:22 AM ET

    *Wal-Mart biggest drag on Dow, S&P. May 19- U.S. stock fell on Tuesday, dragged down by Wal-Mart's weak results and after a rally that took the Dow Jones industrial average and the S&P 500 to record closing highs. Markets have been pushed higher by the fact that there is nowhere else to invest, said Peter Cardillo, chief market economist at Rockwell Global Capital in New...

  • Wal-Mart Stores fell after reporting weak sales and a drop in quarterly earnings, a result of raises for workers and a rising dollar squeezing its profits. Wal-Mart's stock sank $3.49, or 4 percent, to $76.43. "But it hasn't felt like it," said Hank Smith, chief investment officer at Haverford Trust.

  • *Dow component Wal-Mart falls after results. May 19- U.S. stock were set to open higher on Tuesday after the European Central Bank suggested it would speed up bond buying, and investors shrugged off weak earnings from Wal-Mart. "The ECB's announcement to front-load its asset buying program certainly sparked the European markets and that's spilling over into the...

  • Futures hold gains after housing data Tuesday, 19 May 2015 | 8:30 AM ET
    Trader on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated Wall Street would follow European markets higher on Tuesday, after finishing at record highs on Monday.