Tag: Financial Performance
US home sales rose in November to fastest pace since March
Sales of previously occupied U.S. homes rose in November to their fastest pace since March as home shoppers were encouraged by a wider...
Capybaras take their turn as the holiday season's 'it' animal
ST. LOUIS -- The world’s largest rodent is having a big moment.The capybara – a semi-aquatic South American relative of the guinea pig...
Macy's offers a mixed outlook after reporting third quarter profit and sales declines
NEW YORK -- Macy's profit and sales slumped in the third quarter with many customers of the department store chain continuing to divert...
After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical
DETROIT -- While sales of electric vehicles surge in China, adoption of more environmentally friendly vehicles is stumbling in the United States and...
Best Buy reports another quarterly sales decline amid pull back on gadget spending
NEW YORK -- Best Buy, the nation’s largest consumer electronics chain, reported another quarterly drop in sales as Americans continued to tighten their...
Macy's says employee hid up to $154 million in expenses, delays Q3 earnings
Macy's reported weaker-than-expected preliminary sales for the fiscal third quarter and said it's delaying the release of its quarterly earnings results after it...