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Wal-Mart offers savings on toys, video games

Wal-Mart Stores Inc. on Tuesday unveiled weekly savings starting this Saturday on popular toys and video games that it is pitching as comparable to the sales blitz the day after Thanksgiving.

Target profit climbs 18 pct in 3Q on lower costs

Target Corp.'s third-quarter profit climbed 18 percent, the cheap chic retailer said Tuesday, as it cut costs and did better in its credit-card business. Still, it offered a conservative outlook for the holidays.

Buffett's Berkshire acquires ExxonMobil stake

Billionaire Warren Buffett's company bought a nearly $60 million stake in Exxon Mobil Corp., trimmed holdings in oil rival ConocoPhillips and nearly doubled its stake in Wal-Mart Stores Inc. during the latest quarter.

Wal-Mart offers vendors a way to faster payment

Wal-Mart Stores Inc., the world's biggest retailer, is offering its clothing vendors a faster way to get paid that could change how struggling retailers and vendors do business together.

Wal-Mart posts 3 percent rise in profit for 3Q

Wal-Mart Stores Inc. posted a 3.2 percent increase in third-quarter profit, helped by cost-cutting measures like slashing inventories, and raised its full-year earnings outlook.

Stock market falls as home construction slows

Stocks drifted lower Wednesday after an unexpected drop in home construction and disappointing forecasts from technology companies added to worries about the economic recovery.

Wal-Mart confirms some Black Friday deals

The official kickoff for the holiday shopping season is more than a week away. But the nation's retailers, including Wal-Mart Stores Inc., are already starting to let shoppers know about their fat discounts in hopes of attracting big crowds.

Earnings Preview: Wal-Mart Stores Inc.

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.

Former Wal-Mart CEO joins private equity firm

Lee Scott, former Wal-Mart Stores Inc. CEO and president, has joined the private equity firm Solamere Capital as an operating partner and a member of its investment committee.

Deja vu: Wal-Mart, Amazon, Target in DVD price war

First it was books. Now it's DVDs.

Nevada judge approves Wal-Mart wages settlement

Wal-Mart Stores Inc. received final approval on Monday of a settlement in which it will pay between $65 million and $85 million to resolve wage-and-hour violations alleged by millions of workers.

Wal-Mart says cuts, slower growth to be positives

Wal-Mart Stores Inc.'s CEO and President Mike Duke promised investors Thursday that the retailer's aggressive price-cutting will not hurt its stock price, even as the company issued a modest forecast for U.S. expansion this year and next.

Wal-Mart to cut prices weekly through holidays

Wal-Mart, which has ridden low prices to dominate the U.S. retail scene, further stepped up its game in price cutting Wednesday.

Ahead of the Bell: Wal-Mart

Some analysts expect Wal-Mart Stores Inc. may announce plans Wednesday at its analysts' meeting that it will accelerate U.S. store growth next year. Wall Street is also looking to hear details of more price-cutting strategies as it heads into the holiday season.

How the major stock indexes fared on Friday

Investors dumped stocks and locked in profits Friday after the glow of a week full of strong earnings reports faded. The retreat came as cautious forecasts from railroads caused unease about the economy and a rising dollar pushed prices of commodities lower, which hurt materials and energy stocks. Traders appeared eager to collect gains after stock indexes rose more than 6 percent in the three weeks leading into Friday.

Wal-Mart and Amazon.com trade price cuts on books

Taking a page from its original playbook, Wal-Mart Stores Inc. launched a full-fledged price war with Amazon.com Inc. and a nation of book retailers, lowering online prices on certain highly anticipated hardback titles to $9.

Wal-Mart to pay $11M to settle Iowa workers' case

Wal-Mart Stores Inc. has agreed to pay $11 million to settle a class-action lawsuit brought on behalf of 97,000 current and former workers in Iowa over allegations that they were forced to skip breaks or work off the clock.

Wal-Mart will change Tamiflu pills to liquid doses

Wal-Mart Stores Inc. says it plans to convert Tamiflu capsules into liquids to help give the antiviral drug to children and the elderly, who may have trouble swallowing the capsules.

Court upholds $2M award to Wal-Mart pharmacist

A former pharmacist at Wal-Mart Stores Inc. who claimed she was fired after asking to be paid the same as her male colleagues is entitled to $2 million in damages awarded by a jury, the state's highest court ruled Monday.

Wal-Mart will discount apples in October

Wal-Mart Stores Inc., the world's largest retailer, said Friday it will offer discounts on apples and apple products on four days in October and promote locally grown apples.

Wal-Mart warns of lethargic economic recovery

The chairman of Wal-Mart Stores Inc. warned Wednesday the global economic recovery will likely be lethargic, even as the retailing behemoth sees great growth potential in China and India.

Wal-Mart to offer 100 toys for $10 during holidays

Wal-Mart Stores Inc., the world's largest retailer, said Wednesday it will offer more than 100 toys at $10 during the key holiday season.

Wal-Mart presence benefits food makers: analyst

Packaged food companies benefit from their products being stocked at Wal-Mart Stores Inc., in addition to traditional grocery stores, an analyst said Wednesday.

Wal-Mart expands recall of Durabrand DVD players

Wal-Mart Stores Inc. is expanding a recall of Durabrand DVD players to include more than 4 million devices after the company said it received seven reports of the products overheating, leading to fires and property damage.

Wal-Mart to sell goods from other vendors on Web

Wal-Mart Stores Inc. has launched an addition to its online business that has outside retailers selling nearly 1 million new items through Walmart.com, a move that could help the world's largest retailer catch up in the online world.

The Vine
Wal-Mart Stores says April same-store sales rise
Source: tulsaworld.com

Wal-Mart Stores says sales of Easter merchandise and higher traffic helped April same-store sales rise 5 percent. Analysts expected a smaller 2.9 percent rise.

Wall Street Rises in Early Trading
Source: The New York Times

NEW YORK (AP) -- Stocks rallied Tuesday as investors found some relief in an earnings report from Wal-Mart Stores Inc., which saw improvement in sales in the United States and abroad. The Dow Jones industrial average rose more than 120 points.

Microsoft opens personal health record site
Source: CNN

# ights # Microsoft launches HealthVault.com site # People can manage their personal health and medical information online # Privacy advocates concerned patients' confidential records will not be protected # Many people still consider private medical information too sensitive …

Fired Wal-Mart worker protests
Source:

NEW BRITAIN - Michael Edwards says he stands up for what he believes. Edwards could lose his job at the Farmington Avenue Wal-Mart because on Monday he held a sign that read, "You can roll back your prices, but not our rights," as he joined the Connecticut Working Families prote …

Packaging Going Green: for Real
Source: Packaging Digest

Unlike the 3 previous 'green waves' that the packaging industry has seen, the top-level management of industry is also giving importance to sustainability.

The 'Wal-Mart effect' strikes again
Source:

By slashing prices on flat-panel TVs, the retail giant has clobbered another sector -- this time, consumer-electronics stores.

Sales of Music, Long in Decline, Plunge Sharply
Source: Wall Street Journal

n a dramatic acceleration of the seven-year sales decline that has battered the music industry, compact-disc sales for the first three months of this year plunged 20% from a year earlier, the latest sign of the seismic shift in the way consumers acquire music.

Wal-Mart faces sex-bias case
Source: CNN

The biggest sexual discrimination case in U.S. history advanced against Wal-Mart Stores Inc. on Tuesday when a top court ruled that more than a million women could join a suit charging bias in pay and promotions

Wal-Mart Cuts Prices
Source: USA Today

NEW YORK (AP) — First, toys, now electronics.

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