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Jc Penney Shares Dive 25 Percent On Forecast Cut Weak Results

– Shares of U.S. retail chain J.C. Penney Co Inc (JCP.N) sank below $2 for the first time on Thursday after it forecast a wider-than-expected full-year loss and...

Walmarts Us Comparable Sales Rise Most In Decade Shares Soar

NEW YORK – Walmart Inc (WMT.N) on Thursday reported quarterly earnings and sales that topped estimates, as more shoppers visited its stores and a revamped website...

Walmarts Second-quarter Comparable Sales Rise Most In A Decade Shares Soar

NEW YORK – Walmart Inc (WMT.N) on Thursday said its U.S. comparable sales grew the most in a decade and its e-commerce sales grew 40 percent, higher than 33...

Walmarts Us E-commerce Comparable Sales Growth Strong Shares Jump

NEW YORK – Walmart Inc (WMT.N) on Thursday posted a 40 percent rise in U.S. e-commerce sales, higher than the 33 percent growth witnessed in the previous quarter,...

Tencent Shares Slide As Profit Falls And Regulatory Outlook Spooks Investors

HONG KONG – Shares of Chinese technology giant Tencent Holdings plunged on Thursday after it reported its first quarterly profit fall in nearly 13 years and said...

Tencent Shares Set To Slide After First Quarterly Profit Fall In 13 Years

HONG KONG – Shares of Chinese technology giant Tencent Holdings were set to slide 4.8 percent on Thursday after it reported its first quarterly profit fall in...

Ciscos Software Push Fuels Quarterly Beat Strong Forecast

– Cisco Systems Inc (CSCO.O) topped Wall Street targets for quarterly revenue and profit and forecast first-quarter sales above estimates on Wednesday, as the...

Brazils Samarco To Pay 5125 Million To Disaster Victims This Year Foundation

SAO PAULO – Brazil’s Samarco Mineração SA expects to pay up to 2 billion reais ($512.5 million) this year to 19,000 families affected by the 2015 mining...

Margin Worries Send Macys Shares Tumbling After Profit Beat

– Macy’s Inc (M.N) on Wednesday said its gross margins would shrink in the fall season as delivery expenses rise, overshadowing a quarterly sales and profit...

Regulatory Limbo Hits Tencent With First Profit Fall In Nearly 13 Years

HONG KONG – Chinese technology giant Tencent Holdings Ltd has “no clarity” on when it may get approval to start charging for its most popular game, it...