Business

Wal-Mart Stores, Inc. Jumps After Beat And Raise Quarter

The most expectant earnings per share estimate of the stock is set at $4.35 while the conservative estimates kept at $4.15 over the current year. Neighborhood Market comp sales raised about 6.5%. "Our strategy in the U.S.is working as we delivered an eighth consecutive quarter of positive [comparable sales], and worldwide also performed well", CEO Doug McMillon said in a statement .

Business

Level results 2016: New Sixth students celebrate outstanding A-Level results

Universities said pupils could see a "buyer's market" as a cap on university places in England had been removed and there had been a decline in the number of 18-year-olds. Ellie Milne of St George's Academy was surprised and excited to be heading to study English Literature at York University after gaining A* in geography, A in English and B in biology after changing her options halfway through the course having not initially choosing to go on to university.

Business

Cisco 'Set For Biggest-Ever Round Of Job Cuts'

Cisco is expected to report earnings during the May-July quarter of 60 cents a share off revenue on revenue of $12.57 billion, says analysts polled by S&P Global Market Intelligence. Cisco's biggest division, switching , had third-quarter sales of $US3.45 billion, a decline of 3 per cent from a year earlier. It will be the largest loss of jobs in the company's 32 year history.

Business

Castillo's 4 hits lead D-backs over Mets 10

The walk came in Colon's 282nd career plate appearance; he has been in the major leagues for 19 seasons. He now has a lifetime K/BB ratio of 142/1. Bartolo Colon allowed five runs (two earned) in four innings Monday, and the offense just could not dig out of the 3-0 hole it faced after just one inning.

Business

US regulators to unveil final rule on truck emissions limits

Moving to combat global warming, the US government wants big trucks and other large vehicles rumbling down the highway to consume less fuel. The rules expand on the greenhouse gas and fuel efficiency standards unveiled in 2012 and are created to cut 1.1 billion metric tons of carbon dioxide emissions, reducing greenhouse gas emissions and fuel consumption by an additional 10 percent over the first phase.

Business

German investor confident but a bit concerned

The ZEW commented that expectations were recovering somewhat after the surprise United Kingdom decision to leave the European Union (EU), though there was still uncertainty surrounding the resilience of the EU banking sector. The key index fell below her expectation of a rise to 5.0 points. "The recovery in expectations should not be over-interpreted and must be taken against the backdrop of the strong retreat in July", he said, warning that August's data was not an indication that the ...


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