Kroger forecasts upbeat holiday-quarter, beats Street view
(Reuters) – Kroger Co forecast upbeat same-store sales for the holiday quarter and reported higher-than-expected third-quarter results on Thursday after its aggressive discounting lured more customers to its stores, sending its shares up 12.5 percent….
Dow opens above 24,000 for first time
(Reuters) – The Dow Jones Industrial Average opened above the 24,000 mark for the first time on Thursday, supported by a rebound in technology stocks and progress on President Donald Trump’s tax-cut plan.
Sears’ shares soar as loss narrows; sales continue decline
(Reuters) – Sears Holdings Corp cut its third quarter loss by almost $200 million compared to a year ago, the company said on Thursday, benefiting from lower operating costs as it shut scores of Kmart and Sears outlets.
Kroger’s quarterly sales rise 4.5 percent
(Reuters) – Kroger Co , the biggest U.S. supermarket chain, reported a 4.5 percent rise in quarterly sales on Thursday as its aggressive discounting lured more customers to its stores.
Sears narrows loss, sales fall for 24th quarter
(Reuters) – Sears Holdings Corp cut its third quarter loss by almost $200 million compared to a year ago, the company said on Thursday, benefiting from lower costs of operations as it shut scores of its Kmart and Sears outlets.
Stock futures rise as tech stocks make recovery
(Reuters) – U.S. stock futures rose on Thursday, setting up the market to end the month with gains, as investors looked past brief weakness in the technology sector and focused on developments surrounding a U.S. tax bill and a key OPEC meeting.
Sears comp sales continue to fall, loss in line with forecast
(Reuters) – Sears Holdings Corp continued its streak of declining sales in the third quarter, reporting a double-digit drop in comparable sales at its Sears and Kmart chains.
Aviva to generate extra $4 billion of cash, planning payback, some M&A
LONDON (Reuters) – Aviva expects to generate an extra 3 billion pounds ($4 billion) in cash over the next two years and will make acquisitions as well as giving money back to shareholders, it said on Thursday, sending its share price to three-month h…
Lucky 13? Stocks score longest run of monthly gains on record
LONDON (Reuters) – A dive in high-flying U.S. tech stocks on worries their boom may have peaked left investors wondering on Thursday whether the longest global equity bull run in living memory might be starting to splutter.
Aviva to generate extra $4 billion, give more back to shareholders
LONDON (Reuters) – Aviva said on Thursday it expects to generate an extra 3 billion pounds ($4.04 billion) in cash over the next two years and will give more of it back to shareholders, sending shares in the British insurer higher.
