NEW YORK — Shoppers’ focus on staples such as socks and underwear is driving murky holiday outlooks at Wal-Mart and Kohl’s, even as both posted higher third-quarter earnings Thursday.
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Sector Snap: For-Profit education cos. downgraded
Americans may be settling into spending less
Small businesses downsize real estate, save money
Few Americans make end-of-life wishes known
Synovus downgraded on capital, regulation worries
Utah audit: Ban state workers from double-dipping
5 pct. of Americans plan to buy a home next year
Earnings Preview: Wal-Mart Stores Inc.
NEW YORK — Wal-Mart Stores Inc., the world’s largest retailer, reports its third-quarter earnings on Thursday before the market opens. The following is a summary of key developments and analyst opinion related to the period.
Lawsuit to block foreclosures in Minn. dismissed
Prosecutors: SC trio promised unrealistic returns
HSBC Finance sells auto loan business to Santander
Bad debt weighs on Barclays earnings
LONDON — Banking group Barclays PLC on Tuesday reported strong earnings in its investment banking unit and announced the restart of dividend payments, but also warned that the bad debts weighing on its profits have not yet peaked.
Your Money: More Roth IRA conversions allowed
Bond prices hold steady after successful auction
Fannie Mae tax credit decision could cost $5.2 bln
Ind. voters trending against schools in tax votes
Investors look to consumer for clues to recovery
House votes strict ban on abortion subsidies
Amendment blocks federal funding for abortions
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Jobless: 10 percent is tougher than it used to be