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WRAPUP 4-U.S. same-store sales continue modest recovery in April
Reuters* Same-store sales up 3.8 pct vs expections of 4.3 pct sales gains * TJX and Ross beat, Ross raised profit forecast * ICSC forecasts May same-store sales up 2-3 pct * Gap beats, shares rise 7.2 percent after hours. By Phil Wahba May 9 (Reuters) - U....Tags: Walmart, Ross Stores Incorporated, Old Navy, Consumers, Best Buy Co., Inc.
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Same-store sales continue modest recovery in April
Reuters(Reuters) - Retail spending continued to grow modestly in April as bad weather delayed spring shopping in much of the country and many consumers gravitated toward discount chains. Thirteen major U.S. retailers reported a 3.8 percent increase in April...Tags: Quarterly or Semiannual Financial Statements, Auto Trends, Old Navy, Best Buy Co., Inc., Hardware
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Nikkei set to tap fresh 5-year highs as dollar breaks above 100 yen
ReutersTOKYO, May 10 (Reuters) - The Nikkei share average is expected to scale yet another five-year high on Friday as the U.S. dollar finally managed to break above the elusive 100 yen mark, putting the Japanese currency at levels that should generate robust...Tags: Japan, Exports, Suzuki Motor Corp., Blue Chip Stocks, Unemployment Benefits
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Green Mountain ups outlook, expands Starbucks deal
Reuters(Reuters) - Green Mountain Coffee Roasters Inc , maker of Keurig single-serve brewers and K-Cups, raised its full-year earnings outlook on Wednesday after a better-than-expected second quarter and said it had expanded its relationship with Starbucks...Tags: Patents, Copyrights and Trademarks, Companies and Corporations, Earnings, Keurig, Inc., Teavana Holdings, Inc.
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GLOBAL MARKETS-Asian shares pause after rally, yen at 4-yr low vs dollar
Reuters* MSCI Asia ex-Japan down after recent rally * Nikkei at highest since January 2008 as yen hits 4-yr low vs dollar * Japan data shows investors buying foreign bonds last two weeks By Chikako Mogi TOKYO, May 10 (Reuters) - Japanese equities soared to a...Tags: Japan, Economic Indicator, Exports, Federal Reserve, Companies and Corporations
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WRAPUP 1-Telus profit steams ahead, BCE trails on flat revenue
Reuters* Telus profit jumps 13 pct; BCE up less than 7 pct * Telus stock rises after results; BCE dips * Wireless growth helps both companies * Telus results gets Optik TV boost By Alastair Sharp TORONTO, May 9 (Reuters) - Canadian telecoms provider Telus...Tags: Satellite and Cable Service, BCE Inc., National Hockey League, Toronto Maple Leafs, Computer Hardware
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WRAPUP 3-U.S. same-store sales continue modest recovery in April
Reuters* Analysts see 4.3 pct sales gains for 13 top chains * TJX and Ross beat, Ross raised profit forecast * ICSC forecasts May same-store sales up 2-3 pct * Buckle, Zumiez shares rise as sales top views By Phil Wahba May 9 (Reuters) - U.S. retail...Tags: Quarterly or Semiannual Financial Statements, Walmart, Ross Stores Incorporated, Auto Trends, Fred's Incorporated
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COLUMN: Has a new long-term bull market begun? - Anatole Kaletsky
ReutersBy Anatole Kaletsky May 9 (Reuters) - Two months ago, when Wall Street first approached a record high, I warned about the dangers of "stock market vertigo" - a condition that combines the fear of buying shares at unsustainably high prices with the...Tags: Japan, Germany, Finance, Standard & Poor's Financial Services LLC, George W. Bush
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Sony forecasts profit to hold steady this year after return to black
ReutersTOKYO, May 9 (Reuters) - Sony Corp said it expects operating profit to hold steady in the year to next March after rising to its highest in five years last year, as a weakening yen bolsters overseas sales and makes its consumer electronics business more...Tags: Foreign Exchange Market, Weather Reports, Weather, Sony Corp., Thomson Corporation
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TowerJazz Q1 revenue, profit fall; sees better quarters ahead
ReutersTEL AVIV, May 9 (Reuters) - Israeli chipmaker TowerJazz reported lower revenue and net profit in the first quarter due to a contractual decrease in sales to Micron Technology at its Japanese plant but expects improvement in each of the next quarters of...Tags: Companies and Corporations, Economy, Business and Finance
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US STOCKS-Futures flat after record close, jobless claims on tap
Reuters* Dow, S&P come off records after five days of gains * Jobless claims on tap, seen rising from last week * Groupon revenue growth faster than expected * Dow up 3 pts, S&P down 0.7 pt, Nasdaq down 4 pts By Ryan Vlastelica NEW YORK, May 9 (Reuters) -...Tags: Quarterly or Semiannual Financial Statements, Economic Indicator, NASDAQ, Book, Federal Reserve
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CANADA STOCKS-TSX set to open lower as commodity prices slip
ReutersMay 9 (Reuters) - Canada's main stock index looked set to open lower on Thursday as commodity prices slipped and investors turned cautious after Chinese inflation rose more than expected. But North American stock futures did pare losses after data showed...Tags: BCE Inc., Quebecor Inc., Metal and Mineral, Agrium Incorporated, Bombardier Incorporated
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