Thursday 17 May 2018

Walmart online sales soar, but Wall Street shrugs

The company reports 33% sales growth online, but the stock closes down almost 2%.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
Walmart online sales soar, but Wall Street shrugs
The company reports 33% sales growth online, but the stock closes down almost 2%. Read more »
 
Wells Fargo altered documents about business clients
Wells Fargo recently discovered that some workers altered documents about business customers, raising fresh concerns about the embattled bank's internal system of checks-and-balances. Read more »
 
Is the 1-minute commercial break the future of TV?
Fox and NBC are both experimenting with fewer commercials this fall. Read more »
 
WWE soars on report of lucrative new TV deals
WWE's stock surged nearly 15% to a new all-time high on a report that the company may soon sign lucrative new TV deals for its '"Raw" and "Smackdown" shows. Read more »
 
JCPenney is running out of time
The struggling retailer reported another quarterly loss and weak sales, and it blamed bad weather. Its debt load is increasing. Things look bleak. Read more »
 
BJ's Wholesale Club is going public (again)
It's an unusual sign of health in the troubled retail industry. Read more »
 
 
 
 
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