Smucker misses Street 1Q forecasts
On a per-share basis, the Orrville, Ohio-based company said it had profit of $1.12. Earnings, adjusted for non-recurring costs, came to $1.51 per share. The results missed Wall Street expectations. The ...
U.S. homes sales fall to 11-month low; jobless claims up slightly
U.S. home resales unexpectedly fell in July to an 11-month low as a chronic shortage of properties boosted prices, the latest sign that the housing market recovery was slowing. The cooling in housing activity reflects supply constraints rather than ebbing demand, which is being driven by a strong labor market. Other data on Thursday showed a slight increase in the number of people filing for unemployment benefits last week.
Dollar Tree’s results beat on strong sales at Family Dollar
Dollar Tree Inc's quarterly profit and same-store sales beat Wall Street estimates on lower costs, fewer discounts and as its Family Dollar business reported better-than-expected comparable sales for the ...
U.S. homes sales fall to 11-month low; jobless claims up slightly
U.S. home resales unexpectedly fell in July to an 11-month low as a chronic shortage of properties boosted prices, the latest sign that the housing market recovery was slowing. The cooling in housing activity reflects supply constraints rather than ebbing demand, which is being driven by a strong labor market. Other data on Thursday showed a slight increase in the number of people filing for unemployment benefits last week.
Driving Kenworth, Peterbilt trucks with new Paccar transmission
Sears rallies on sales beat, says more Kmart stores closing
The struggling retailer's cost cuts helped Sears narrow its losses in the second quarter.
New data predicts 3 Amazon takeover targets based on foot traffic
With both FTC and shareholder approval this week, Amazon is on track to close its deal to acquire Whole Foods this year. Yahoo Finance's Melody Hahm and Andy Serwer discuss the retailers Jeff Bezos may be eyeing next.