Retail and wholesale

August 16, 2018 - 5:41 am
PLANO, Texas (AP) — J.C. Penney reported a bigger-than-expected loss in its fiscal second quarter as a key sales metric fell well short of Wall Street's view. The department store operator also cut its full-year forecast again, and its shares plunged more than 22 percent before the market open on...
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FILE- In this Nov. 9, 2017, file photo, a man pushes a cart while shopping at a Walmart store in North Bergen, N.J. Walmart Inc. reports earnings on Thursday, Aug. 16, 2018. (AP Photo/Julio Cortez, File)
August 16, 2018 - 4:21 am
BENTONVILLE, Ark. (AP) — Walmart is raising its outlook for the year after beating all expectations for the second quarter and registering the strongest same-store sales growth in a decade. Shares surged 7 percent before the opening bell Thursday. The Bentonville, Arkansas, retailer had a loss of $...
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FILE- In this Dec. 21, 2016, file photo, the New York Stock Exchange is shown. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Aug 15, 2018. (AP Photo/Mark Lennihan, File)
August 15, 2018 - 11:22 am
NEW YORK (AP) — Global stocks are sinking Wednesday as an unexpected drop in profits for Chinese tech giant Tencent has investors worrying about economic growth. Oil and copper prices are falling sharply. Technology and energy companies are taking some of the worst losses in the U.S., while...
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FILE- In this May 16, 2018, file photo, traffic makes it's way past the Macy's flagship store in New York. Macy's Inc. reports earnings Wednesday, Aug. 15. (AP Photo/Mary Altaffer, File)
August 15, 2018 - 8:33 am
NEW YORK (AP) — Macy's raised its annual profit forecast as the department store reported an unexpected increase in a key sales measure. The Cincinnati department store chain has now reported its third straight quarter of higher sales at existing stores after a three-year slump. But shares on...
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FILE- In this July 8, 2018, file photo a rainbow illuminates the sky as 2018 MKZ sedans MKX as they sit outside a Lincoln dealership in Englewood, Colo. On Wednesday, Aug 15, the Commerce Department releases U.S. retail sales data for July. (AP Photo/David Zalubowski, File)
August 15, 2018 - 7:44 am
WASHINGTON (AP) — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that consumers are helping drive robust economic growth. Retail sales rose at a 0.5 percent annual rate in July, after a 0.2 percent increase the previous month, the Commerce Department...
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Specialist Fabian Caceres, left, and trader Michael Capolino confer on the floor of the New York Stock Exchange, Tuesday, Aug. 14, 2018. Stocks are broadly higher and recovering some of their recent losses as concerns about Turkey's financial stability eased. (AP Photo/Richard Drew)
August 14, 2018 - 10:53 am
NEW YORK (AP) — U.S. stocks are rallying Tuesday as worries about Turkey's currency crisis eased. Retailers and smaller companies are making some of the biggest gains. Global markets have taken two days of losses as investors worried that Turkey's troubles might spread. KEEPING SCORE: The S&P...
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An investor walks in front of trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Aug. 14, 2018. Most Asian stock markets rose Tuesday after Wall Street declined as Turkey’s central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. (AP Photo/Yam G-Jun)
August 14, 2018 - 5:16 am
BEIJING (AP) — Most global stock markets steadied Tuesday as worries subsided over Turkey's currency crisis and its potential impact on other countries. KEEPING SCORE: Germany's DAX rose 0.2 percent to 12,376 and France's CAC 40 was up less than 0.1 percent to 5,414 after economic growth figures...
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FILE - In this Aug. 1, 2017, file photo, store greeter Danny Olivar, right, lends a hand to a customer to heft an air conditioning unit from a rapidly declining stock at a Home Depot store ahead of an expected heat wave in Seattle. The Home Depot Inc. reports earnings Tuesday, Aug. 14, 2018. (AP Photo/Elaine Thompson, File)
August 14, 2018 - 4:02 am
ATLANTA (AP) — Home Depot handily beat expectations during the second quarter, bouncing back from a slow start to the year when terrible weather cooled construction projects. The world's biggest home improvement retailer boosted its full-year profit and revenue forecasts Tuesday. Higher mortgage...
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An investor walks in front of trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Tuesday, Aug. 14, 2018. Most Asian stock markets rose Tuesday after Wall Street declined as Turkey’s central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. (AP Photo/Yam G-Jun)
August 13, 2018 - 9:25 pm
BEIJING (AP) — Most Asian stock markets were mixed Tuesday after Wall Street declined as Turkey's central bank struggled to contain a currency crisis that is feeding fears about other emerging markets. KEEPING SCORE: The Shanghai Composite Index fell 0.5 percent to 2,771.81 and Hong Kong's Hang...
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August 12, 2018 - 9:40 am
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline has risen 2 cents a gallon over the past two weeks, to $2.93. Industry analyst Trilby Lundberg of the Lundberg Survey says that's 53 cents a gallon higher than at this time last year. Lundberg said Sunday it appears unlikely...
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