Petters has tumor;US seeks 335 years in Ponzi case
2010-03-10 08:12:11
Keywords: United States of America,U.S. corporate debt,Debt,Financials,Fund management and asset allocation,Management issues/policy,Legislation,Crime; Law Enforcement,Judicial processes/court cases/court decisions,Discount retail,Retailing,Trading companies and di
Quote: Prosecutors accused Petters of using one of his companies
to bilk investors who thought he was using their money to buy
consumer electronics for resale to retailers such as BJ's
Wholesale Club Inc (BJ.N) and Costco Wholesale Corp (COST.O). "The community requires a sentence that makes plain to
those entrusted with power, our society's assets, and
investors' money that criminal abuse of that power and trust
will be met with the most serious punishments available,"
prosecutors said. But Petters' l...
Read articleKroger's Crumbling Profit
2010-03-10 08:12:10
Keywords: U.S. Markets, U.S. Equities, Kroger, Grocery, Food, Gas Prices, Unemployment
Quote: Read articleEarnings Preview: Kroger's 4Q
2010-03-09 03:33:27
Quote: Kroger also has seen good growth for its store-brand items, usually priced below national brands.But price competition has sharpened, and warehouse club chains such as Costco Wholesale Corp. and BJ's Wholesale Club Inc. have reported better sales from deal-seeking shoppers. The warehouse clubs also during the recession have joined supermarket chains in accepting food stamps, an increasingly important way for Americans to pay for groceries amid high unemployment.Kroger usually also gives a report...
Read articleCostco 2Q profit rises; international sales strong
2010-03-04 05:51:32
Quote: (AP) -- Strong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, helping send the warehouse club operator's profit up 25 percent.Costco reported Wednesday that it earned $299 million, or 67 cents per share, for the quarter. That's up from a profit of $239 million, or 55 cents per share, a year earlier.Even excluding a one-time charge of 3 cents per share tied to employee benefits, Costco's profit fell short of analyst expectations...
Read articleCostco Wholesale Corporation F2Q10 (Qtr End 02/14/10) and February Sales Release Earnings Call Transcript
2010-03-04 05:51:31
Quote: Costco Wholesale Corporation (COST)
F2Q10 Earnings Call
March 3, 2010 10:00 am ET
Executives
Richard A. Galanti - Chief Financial Officer
Analysts
Deborah Weinswig - Citigroup
Charles Grom - J.P. Morgan
Mark Miller - William Blair & Company
Adrianne Shapira - Goldman Sachs
Dan Binder – Jefferies & Co.
Robert Drbul - Barclays Capital
Analyst for Mark Wiltamuth - Morgan Stanley
Colin McGranahan – Sanford C. Bernstein & Co.
Peter Benedict – Robert W. Baird
Laura C...
Read articleCostco Wholesale Corporation Reports Second Quarter and Year-to-Date Operating Results for Fiscal Year 2010, and February Sales Results; Conference Call Scheduled for 7:00AM (PT)
2010-03-03 06:10:36
Quote: Read articleCostco 2nd-quarter net up 25%, sales up 11%
2010-03-03 06:10:35
Keywords: , COST, Costco Wholesale Corp
Quote: TEL AVIV (MarketWatch) -- Costco Wholesale Corp.,/quotes/comstock/15*!cost/quotes/nls/cost(COST61.38,-0.27,-0.44%) the Issaquah, Wash., warehouse retailer, reported that fiscal second-quarter net income rose 25% on 11% higher sales. For the quarter ended Feb. 14, Costco earned $299 million, or 67 cents a share, compared with $239 million, or 55 cents, in the year-earlier quarter. The latest per-share earnings reflect a 3-cent charge for an employee-benefits matter. Net sales rose to $18.36 billi...
Read articleCostco Net Rises 20% but Shy of Estimates
2010-03-03 06:10:35
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Joseph Woelfel ,Retail
Quote: Read articleUPDATE - Costco posts higher Q2 profit
2010-03-03 06:10:34
Keywords: Discount retail,Retailing,Trading companies and distributors (industry),United States of America,Corporate Results,Cyclical consumer goods and services,Retailers,Business activities,Company News item,Economic news, EC, business/financial pages,
Quote: UPDATE 1-Costco posts higher Q2 profit
* Q2 EPS $0.67 vs $0.55 yr ago * Q2 same-store sales rise 9 percent * February same-store sales up 9 percent * February net sales rise 11 pct to $5.61 billion(Adds details) March 3 (Reuters) - Costco Wholesale Corp (COST.O) on
Wednesday reported a higher quarterly profit for its holiday
quarter, helped by more shoppers coming into its stores and
improved sales of discretionary items, like home decor and
clothes. The No. 1 U.S. warehouse club operator also s...
Read articleCostco Net Rises 25% but Shy of Estimates
2010-03-03 06:10:34
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Joseph Woelfel ,Retail
Quote: Read articleCostco posts higher profit
2010-03-03 06:10:33
Quote: Read articleIndications: Greece, employment data a focus for U.S. futures
2010-03-03 06:10:32
Keywords: Markets|U.S. & Canada, QCOM, QUALCOMM Inc, INDU, Dow Jones Industrial Average, SPX, S&P 500 Index, COMP, Nasdaq Composite Index, COST, Costco Wholesale Corp, BIG, Big Lots Inc, PFE, Pfizer Inc, TEVA, Teva Pharmaceutical Industries Ltd, , Greece
Quote: economy."On the corporate front, Costco Wholesale/quotes/comstock/15*!cost/quotes/nls/cost(COST61.38,-0.27,-0.44%) reported that fiscal second-quarter net income rose 25% on 11% higher sales, with earnings of 67 cents a share, falling short of a survey of analysts forecasting 71 cents. Shares were down 2% in preopen trade.Quarterly results are also due out from Big Lots/quotes/comstock/13*!big/quotes/nls/big(BIG33.94,-0.31,-0.91%) before the opening bell.Drugmaker Pfizer/quotes/comstock/13*!pfe/...
Read articleBullish -- But Barely
2010-03-02 06:33:31
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Joseph Woelfel ,Market Features
Quote: Read articleEarnings Preview: Costco Wholesale Corp.
2010-03-02 06:33:29
Quote: (AP) -- Costco Wholesale Corp. reports its second-quarter results before the stock market opens Wednesday.WHAT TO WATCH FOR: Any signs customers are buying more discretionary items.Costco, the wholesale buying club based in Issaquah, Wash., has been among stronger retailers during the economic downturn as shoppers flocked to its stores to get deals on necessities like food and healthy and beauty products.The company said recently that shoppers were slowly starting to buy more nonfood items, such...
Read articleBusiness events scheduled for the coming month
2010-03-01 02:30:52
Quote: -- Costco Wholesale Corp. releases quarterly financial results.THURSDAY, March 4WASHINGTON -- Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department releases fourth-quarter productivity, 8:30 a.m.; National Association of Realtors releases pending home sales index for January, 10 a.m.; Commerce Department releases factory orders for January, 10 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage rates.NEW YORK -- Retailers report sales results for February.ATL...
Read articleBusiness events scheduled for the coming week
2010-03-01 02:30:52
Quote: -- Costco Wholesale Corp. releases quarterly financial results.THURSDAY, March 4WASHINGTON -- Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department releases fourth-quarter productivity, 8:30 a.m.; National Association of Realtors releases pending home sales index for January, 10 a.m.; Commerce Department releases factory orders for January, 10 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage rates.NEW YORK -- Retailers report sales results for February.ATL...
Read article[$$] Target Still Struggling With Some Issues
2010-02-26 09:21:03
Keywords: Search, Financial, News, Articles, Stock, Market, Investments, Trading, Analysis, TheStreet.com
Quote: Read articleCramer's Take on Headline Stocks: Feb. 23
2010-02-24 05:06:12
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Stockpickr Staff ,Stockpickr
Quote: Read articleCOSTCO WHOLESALE CORP /NEW Files SEC form 8-K, Change in Directors or Principal Officers
2010-02-19 04:07:48
Quote: COSTCO WHOLESALE CORP /NEWRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
COSTCO WHOLESALE CORP /NEW
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Read articleSmart Spending: How to save on Valentine flowers
2010-02-15 02:32:34
Quote: Costco Wholesale Corp. was offering three dozen long-stemmed red roses in a vase with baby's breath online for $99.99 this week, and the company's warehouse stores were selling a dozen long-stemmed roses for $14.99. Chief Financial Officer Richard Galanti says Costco's roses are brought to stores within a few days of being cut in South America.5. CONSIDER NONTRADITIONAL COLORS: A dozen red roses is still the Valentine's classic. But your love may prefer pink or orange or another color that can c...
Read article