Wal-Mart Profit Jumps 22 Percent Despite Weak U.S. Sales
Mitchell Jaworski – AHN Reporter Bentonville, AR, United States (AHN) – Wal-Mart reported Thursday a 22 percent increase in fourth quarter earnings as robust revenue growth internationally more than...
View ArticleHormel Foods Posts Strong Q1 Earnings On Revenue, Gross Margin Growth
Mitchell Jaworski – AHN Reporter Austin, MN, United States (AHN) – Hormel Foods (NYSE: HRL) reported Thursday fiscal first quarter earnings rose 37 percent as lower costs for its refrigerated foods...
View ArticleFacing Budget Gap, New Jersey Transit To Raise Fares
Kris Alingod – AHN Contributor Trenton, NJ, United States (AHN) – New Jersey Transit, facing a multi-million budget deficit, plans to raise fares because of a reduced state subsidy and declining...
View ArticleU.S. Markets Extend Gains On Manufacturing Data, Shake-Off Weak Jobs Data
Mitchell Jaworski – AHN Reporter New York, NY, United States (AHN) – U.S. markets rose for a third consecutive session as improving economic data and strong corporate earnings offset a disappointing...
View ArticleDell Q4 Profit Slips Despite 11 Percent Revenue Growth
Mitchell Jaworski – AHN Reporter Round Rock, TX, United States (AHN) – Dell Inc. announced Thursday fiscal fourth quarter earnings slipped 5 percent, but that revenue grew 11 percent as sales were...
View ArticleBanks Urged To Help Americans Save For Future
Tejinder Singh – AHN Correspondent Washington, DC, United States (AHN) – A concerted effort to prepare millions of Americans to save for their rainy days and prepare for retirement was launched by a...
View ArticleJC Penney Fourth Quarter Profit, Sales Dip But Top Views
Mitchell Jaworski – AHN Reporter Plano, TX, United States (AHN) – J.C. Penney (NYSE: JCP) announced Friday that fourth quarter earnings dipped 5.2 percent on lower sales. However, the retailer topped...
View ArticleJudge Approves Bank Of America, SEC Settlement
Mitchell Jaworski – AHN Reporter Washington, D.C., United States (AHN) – A federal judge has approved a settlement between Bank of America (NYSE: BAC) and the Securities and Exchange Commission, ending...
View ArticleFrom Today, New Credit Card Protection Rules Go Into Effect
Tejinder Singh – AHN Correspondent Washington, DC, United States (AHN) – American consumers will start feeling changes in the rules as credit card reform proposals went into effect Monday. The new...
View ArticleBank Of America Brings Two Former Merrill Execs On Board
Mitchell Jaworski – AHN Reporter Charlotte, NC, United States (AHN) – Bank of America (NYSE: BAC) announced Monday that it has brought two ex-Merrill Lynch executives back on board to help manage its...
View ArticleU.S. Markets Snap Winning Streak, Finish Slightly Lower
Mitchell Jaworski – AHN Reporter New York, NY, United States (AHN) – U.S. markets snapped last week’s winning streak, closing Monday with modest losses on light volume as investors await interest rate...
View ArticleLowe’s Posts 26 Percent Rise In Q4 Profit, Tops Estimates
Mitchell Jaworski – AHN Reporter Mooresville, NC, United States (AHN) – Lowe’s Companies Inc. (NYSE: LOW) announced Monday fourth quarter earnings rose 26.5 percent as sales grew 2 percent to $10.2...
View Article