Futures extend gains after strong retail sales data
U.S. stock index futures extended gains in volatile trading on Thursday, after data showed retail sales surged in July, which could help ease worries of...
Walmart’s earnings beat allays worry over tariff impact for now
U.S. retailer Walmart Inc reported an estimate-beating jump in second-quarter U.S. comparable sales on Thursday as shoppers spent more at its stores and websites, sending...
Futures rise in choppy trading, Walmart up on upbeat earnings
U.S. stock index futures turned positive in volatile trading on Thursday, as investors digested conflicting reports on U.S.-China trade dispute, while a jump in retail...
Global stocks hurt by China’s trade threats, falling bond yields
China’s threat to impose counter-measures in retaliation for the latest U.S. tariffs knocked stocks sprawling on Thursday, checking earlier attempt to recover from a rout...
J.C. Penney posts smaller-than-expected loss; shares rise
J.C. Penney Co Inc posted a smaller-than-expected second-quarter loss on Thursday, as the struggling retailer’s efforts to cut costs and shutter unprofitable businesses paid off....
GE shares fall on report that cash situation worse than thought
General Electric shares fell 5% on Thursday after the Wall Street Journal reported that Harry Markopolos, a whistleblower in the Bernard Madoff Ponzi case, had...
British pilots union calls on Ryanair for mediated talks as strikes loom
The British Airline Pilots Association (BALPA) called on Ryanair to meet for mediated talks to resolve a dispute on pay and benefits to avoid two...
J.C. Penney quarterly same-store sales fall short of expectations
J.C. Penney Co Inc reported a steeper-than-expected drop in quarterly comparable-store sales on Thursday, as the struggling department store operator stopped selling appliances and furniture...
Alibaba results beat estimates on cloud, e-commerce growth
China’s Alibaba Group Holding Ltd reported better- than-expected quarterly revenue and profit on Thursday, aided by growth in its e-commerce and cloud computing businesses....
Walmart raises earnings forecast for year after jump in quarterly sales
U.S. retailer Walmart Inc on Thursday reported an estimate-beating jump in second-quarter U.S. comparable sales, and boosted its earnings forecast for the year....