Helped by the expansion of its industrial business, General Electric expect to boost its revenue in fiscal 2011, CEO Jeff Immelt said in a presentation to investors Tuesday.
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Best Buy shares are plunging in pre-market trading after the giant retailer reported lower-than-expected earnings and slashed its guidance for the full year.
Continue reading Best Buy Earnings Disappoint Ahead …
FedEx, the world’s leading package-delivery service and an ostensible bellwether of the U.S. economy, will report its latest earnings this week. Also, with the holiday shopping season well underway, Best Buy and Discover Financ…
The country’s second-largest bookstore widened its third-quarter loss to nearly double that of a year ago. Even worse, the estimated value of its inventory has declined, making it harder for Borders to borrow money. Will the co…
Costco Wholesale Corp. (COST) reported earnings of 71 cents per share for the quarter ended Nov. 21, compared with 60 cents per share a year earlier.
The consolidation of the company’s joint venture in Mexico has no impact on earnings attributable to…