U.S. regulators have decided to ban caffeinated alcoholic beverage such as Four Loko, on the grounds that they are unsafe. Five states have already prohibited sales of such drinks.
Continue reading U.S. Regulat…
The nation’s three biggest department-store operators have been disproportionately pinched by the downturn in consumer spending. That’s what happens when you’re stuck in the middle of the retail-price spectrum during a period of sagging home values and lofty unemployment. [Video]
Continue reading Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video]
Face-Off on Stocks: Macy’s, J.C. Penney, Kohl’s [Video] originally appeared on DailyFinance on Tue, 16 Nov 2010 17:50:00.
Filed Under: Investing, JC Penney, Macy’s, Stock Picks, Retail, Video, Stocks in the News, Market News, Streetwise
As UPS gears up for its busiest time of year by hiring about 50,000 temporary workers, the world’s largest package-delivery service said it expects to ship about 7.5% more packages this holiday season than it did a year ago.
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The TJX Companies (TJX) reported earnings of 92 cents per share for the quarter ended Oct. 30, up from 81 cents per share a year earlier.
Net sales rose 5% to $5.5. billion, the discount retailer said in a statement. Sales at stores open at least one…
The giant retailer’s profits grew 9% in the third quarter to $3.4 billion. However, revenue disappointed analysts, mainly due to a small sales decline at Walmart U.S. operations. Still, the company raised its future earnings gu…