Cheap gas burns away BJ's Wholesale Club's profits — DailyFinance
BJ’s big rival, Costco Wholesale Corp. (COST), won’t report again until October, but in its last quarter it was hit by lower sales and gas prices, too
Tag Archives: market-news
Off the beaten path: Afar, a new travel magazine, launches
We’re really trying to inspire and model a certain kind of travel that’s really about experiencing a place and getting to know its people and its culture — getting the essence of the place. A magazine happens to be a really good medium …
Electronic Arts cuts loss, shares rise
The largest video game company, Electronic Arts (ERTS), reported quarterly earnings after the bell today. Reduced losses juiced investors who sent shares up roughly a five percent over the course of the day and into the aftermarket …
Jump in pending home sales lifts stocks
Inspired by data from the National Association of Realtors showing that pending home sales climbed for the fifth straight month, Investors bet on an economic recovery and sent stocks higher today. The Dow Jones industrial average …
Safe Haven | The Home Construction Depression and Its Aftermath
A financial information site with an emphasis on Gold and Preservation of Capital. — A key question going forward for the economy and GDP: When will we recover from the home construction depression and at what rate?
U.S. existing home sales rise for third straight month
Bolstered by the sale of low-priced and foreclosed houses, U.S. existing home sales rose 3.6 percent in June to a seasonally-adjusted annual rate to 4.89 million units, the National Association of Realtors announced Thursday. …