NEW YORK (Reuters) - U.S. retailer Walmart Inc on Tuesday reported a lower-than-expected quarterly profit and posted a sharp drop in online sales growth during the critical holiday period, sending its shares tumbling more than 9 percent.
Home Depot beat on the top and bottom lines.
Same-store sales topped estimates, but guidance disappointed.
The company raised its quarterly dividend by 15.7% to $1.03 a share.
(Reuters) - Home Depot Inc's quarterly profit beat market e
(Reuters) - Home Depot Inc's quarterly profit beat market estimates for the sixth straight quarter as the No.1 U.S. home improvement chain drew in more shoppers who spent more on average amid an improving housing market.
HONG KONG/LONDON (Reuters) - HSBC Holdings reported a smaller than expected rise in annual profits and unveiled plans to raise up to $7 billion to bolster its capital, as CEO Stuart Gulliver hands over to a new leadership team on Tuesday.
Consumer goods group blames difficulties in developed markets and rising commodity costsReckitt Benckiser, the owner of brands including Durex and Nurofen, missed its 2017 profit expectations and said tough trading in developed markets and rising commodit
The bank’s reporting a profit for the first time in 10 years but its troubles aren’t over – and it’s not the only one in difficultyThis week should be a landmark for Royal Bank of Scotland. The publication of its annual results on Friday should ma
Pendragon, trading as Evans Halshaw and Stratstone, is also selling some of its dealershipsBritain’s biggest car dealer is switching its focus to the used market, after a slump in sales of new vehicles dragged down its annual profits by a fifth.Pendrago