Tag Archives: sales
Macy’s profit, sales rise even as some shoppers pull back
By Phil Wahba (Reuters) – Macy's Inc reported higher first-quarter profit and sales on Wednesday as it won market share from rival department stores. The company's shares closed up 2.5 percent at $48.57, near a year high Continue reading
Safety tips for ‘Wild West’ of online sales
Last week’s disappearance of an Ancaster, Ont., man who was attempting to sell his truck online has raised concerns about private sales. CBC News looks at what precautions sellers can take to stay safe during meetings with potential buyers. Continue reading
Global shares fight back, oil slides as dollar momentum returns
By Marc Jones LONDON (Reuters) – Signs the dollar was preparing for another move higher held down oil and gold prices on Tuesday and helped shares shake off worries over weaker-than-forecast German sentiment data. Wall Street looked set to open up by the smallest of margins with investors still looking for clear directional catalysts after last week's repeated record highs. After a surprising rise in U.S. Continue reading
Same-store sales continue modest recovery in April
By Phil Wahba (Reuters) – Retail spending continued to grow modestly in April as bad weather delayed spring shopping in much of the country and frugal consumers gravitated toward discount chains. Continue reading
Senate passes bill allowing states to tax online sales
The Senate sided with traditional retailers and financially strapped state and local governments Monday by passing a bill that would widely subject online shopping — for many a largely tax-free frontier — to state sales taxes.The Senate passed the bill by a vote of 69 to 27, getting support from Republicans and Democrats alike. But opposition from some conservatives who view it as a tax increa.. Continue reading
Australia Shares up 1.1% on US Optimism; Retail Sales Temper Gains
The Australian share market trimmed early gains Monday after weaker-than-anticipated retail sales data, although strong jobs numbers out of the U.S. last week kept stocks firmly in positive territory. Continue reading
LinkedIn Sandbags Estimates, Shares Tumble
NEW YORK (TheStreet) – LinkedIn, the hugely popular career website, took a page out of the Apple playbook: guide really low, anger some analysts and then surprise big on the upside. LinkedIn was falling as much as 11% in after-hours trading on thursday as the company forecast second-quarter sales and earnings that fell short of analyst estimates. LinkedIn, which reached a record-high of $201.67 at the close of trading was dropping 16 points, or 8.2%, to $185.66. Continue reading
MEGA Brands Reports First Quarter 2013 Results
Consolidated sales up 11% Toys sales up 14% Stationery & Activities sales up 3% MONTREAL, May 2, 2013 /PRNewswire/ – MEGA Brands Inc. (TSX: MB) announced its financial results today for the first … Continue reading
Pfizer Q1 profit up, but drugmaker cuts outlook
Pfizer Inc.'s first-quarter net income rose 53 percent despite falling sales, mainly because the world's second-largest drugmaker took big charges a year ago. Pfizer's results fell short of Wall Street's expectations, and the company lowered its profit and sales forecasts for the year, blaming sudden worsening currency exchange rates. Continue reading
Goodyear swings to 1Q profit, beats estimate
Goodyear Tire & Rubber Co. Continue reading
