BJ’s Wholesale profit rises sharply, beats Wall Street forecast
Posted by: admin in TodayBJ’s Wholesale profit rises sharply, beats Wall Street forecast
Pittsburgh Post-Gazette - NATICK, Mass. — BJ’s Wholesale said its fourth-quarter profit increased fourfold, beating Wall Street expectations, as the warehouse club benefited from a retail environment that’s benefiting discount stores. BJ’s Wholesale Club Inc. reported this day
Exxon Mobil details investment plans
Forbes - Our financial strength and technical expertise allows us to pursue all opportunities that satisfy our disciplined investment criteria,’ chairman and chief executive Rex Tillerson stated during a presentation to Wall Street analysts in New York.
Stocks rise in morning trade
CNN Money - Wall Street is upbeat as better-than-expected services sector index overshadows weak readings on factory orders and private sector employment.
Midday Leaders & Laggards: S&P 500
Forbes - Shares of Massive Lots Inc. rose Wednesday, helping send the Standard & Poor’s 500 Index higher in midday trading, after the discount retailer’s fourth-quarter profit declined but still beat Wall Street expectations. Large Lots rose $3.82, or 22 percent
KB Goes Green to Gain Sales Edge
Los Angeles Business Journal - More builders are adding “green” features to their new homes. It is a strategy born out of necessity, the Wall Street Journal rerpots. In October, the Trilogy division of Shea Homes rolled out a program dubbed Shea Superiology for its 1,500 to 2,000
Earnings roundup: HSBC, Hughes Comm
Boston Globe - WEST BEND, Wis. (AP) — Construction and agricultural equipment maker Gehl Co. stated Monday its fourth-quarter earnings slipped 4 percent, but beat Wall Street’s expectations, as a weak North American construction market and lower capital investments
Yahoo works to delay Microsoft proxy battle
MacNN - Citing anonymous sources, the Wall Street Journal claims that Yahoo is stepping up efforts at a deal with AOL , which would effectively block a Microsoft acquisition entirely.
Yahoo, Time Warner step up combination talks: report
Reuters UK - and media conglomerate Time Warner Inc (TWX.N: Quote , Profile , Research ) have stepped up speaks to create an substitute to Microsoft Corp’s (MSFT.O: Quote , Profile , Research ) offer to take over the Web company, the Wall Street Journal reported on
German shares close higher, tracking Wall Street, MAN leads gainers
CNN Money - (Updates with full report) FRANKFURT, Mar. 5, 2008 (Thomson Financial delivered by Newstex) — Shares shut up, as a higher Wall Street opening helped solidify gains, and with MAN leading gainers as it announced a more than 50 pct dividend increase
US services data, bid talk help FTSE gain 1.5 pct
Reuters - Wall Street has been generally impressed with the economic data as this is heaping on the pressure for the Fed to effect another rate cut later in the month which will further boost the popularity of stocks,” said Jimmy Yates, a trader at CMC Markets
The man who must keep Goldman growing
CNN Money - He was paid $68.7 million in 2007 - record for a Wall Street chief - and recently purchased a $26.5 million apartment at 15 Central Park West, the Robert A.M.
US service sector shrank in February
CNN Money - That’s higher than January’s reading of 44.6, when the survey surprised Wall Street by falling to its lowest level in more than six years, and above the 47.5 reading expected by economists surveyed by Thomson Financial/IFR. The data helped comfort
Paris shares close up on bargain-hunting after five days of losses
CNN Money - at 5,509.57 and the SBF-120 ended 61.66 or 1.82 pct higher at 3,450.74. The euro was quoted at 1.5294 usd compared to 1.5221 usd late yesterday after passing through the level of 1.53 usd for the first time during the afternoon. In the US, Wall Street
Entries (RSS)