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China retail sales jump 14.2 percent in May
YAHOO
AFP - China's retail sales, the main indicator of consumer spending in the Asian nation's fast-growing economy, rose 14.2 percent in May compared with a year earlier, official data have showed.
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BBVA to buy 2 Texas banks for $2.64 billion
YAHOO
Reuters - Banco Bilbao Vizcaya Argentaria
, Spain's No. 2 bank, on Monday agreed to buy two
Texas banks, Texas Regional Bancshares Inc. and State
National Bancshares Inc. , for $2.64 billion to triple
its retail presence in the state and reach more Hispanic
customers.
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Retail money funds rise in latest week
YAHOO
AP - Assets of the nation's retail money market mutual funds rose by $3.83 billion in the latest week to $863.52 billion, the Investment Company Institute said Thursday.
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Money funds fall in latest week
YAHOO
AP - Assets of the nation's retail money market mutual funds rose by $114.2 million in the latest week to $859.67 billion, the Investment Company Institute said Thursday.
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Retail sales rise amid cloudy outlook
YAHOO
Reuters - A slew of apparel and consumer goods
retailers on Thursday posted same-store sales that beat analyst
forecasts, but there were troubling signs that higher consumer
prices and inflation could crimp future growth.
Sources: YAHOO
Children's Place same-store sales up 18 percent
YAHOO
Reuters - Children's Place Retail Stores Inc.
said on Thursday its sales at stores open at least a
year rose 18 percent in May.
Sources: YAHOO
Barclays says Q1 strong, Barclaycard worries
YAHOO
Reuters - Britain's Barclays said it saw
"very strong profit momentum" in the first quarter as its UK
retail bank improved and its investment bank beat peers, but
weakness in the UK unsecured debt market weighed on
Barclaycard.
Sources: YAHOO
XM shares drop on reduced growth forecast
YAHOO
AP - XM Satellite Radio Holdings Inc. lowered its forecast for full-year subscriber growth and revenue on Wednesday, citing "overall softness" of retail sales for satellite radios in the second quarter and product availability problems. The company's shares tumbled 11 percent.
Sources: YAHOO
XM trims forecast for subscriber growth
YAHOO
AP - XM Satellite Radio Holdings Inc. lower its forecast for full-year subscriber growth and revenue on Wednesday, citing "overall softness" of retail sales for satellite radios in the second quarter and product availability problems. The company's shares tumbled 12 percent.
Sources: YAHOO
AutoZone posts lower quarterly earnings
YAHOO
Reuters - AutoZone Inc. , the largest U.S.
auto parts retail chain, on Wednesday posted lower quarterly
earnings.
Sources: YAHOO
Sources: AHN
UK Opening The Door For Debit Merchant Services
AHN
American credit union members are free to take advantage of using their debit cards at ATMs and retail locations throughout the world. Now their European counterparts will be able to swipe away too.
Over 70,000 credit union...
Sources: AHN
Sources: AHN
Sources: YAHOO
Gas Prices Fall For First Time Since February
AHN
A national gasoline price survey finds the average retail price of a gallon of gas fell about a cent-and-a-half in the last two weeks. The Lundberg Survey says self-serve regular averaged about $2.93 a gallon.
The survey's latest tally,...
Sources: AHN
UAE firm acquires US retail chain for 300 million dollars
YAHOO
AFP - A Dubai government-controlle
Sources: YAHOO
Retail Money Funds Rise in Latest Week
YAHOO
AP - Assets of the nation's retail money market mutual funds rose by $8.99 billion in the latest week to $852.58 billion, the Investment Company Institute said Thursday.
Sources: YAHOO
Sources: YAHOO
Eurozone indicators to show German sentiment slipping, stronger French output
YAHOO
AFP - Eurozone indicators due for release next week are expected to show that German economic sentiment has slipped owing to a disappointing first-quarter growth estimate coupled with weak industrial output and retail sales figures, economists say.
Sources: YAHOO
Reliance Lifts Gas Price At Pumps
AHN
Shaveta Bansal - AHN Contributor
New Delhi, India (AHN) In the wake of surging global prices, Reliance Industries, which owns India's biggest private sector oil company, has lifted the price of gas by two rupees (four US cents) per liter.
About 90 percent of India's fuel retail outlets...
Sources: AHN
Retail Sales Climb on Soaring Gas Prices
YAHOO
AP - In a sign that the economy may be slowing, retail sales were weaker than expected in April as soaring gasoline prices forced consumers to cut back on spending in other areas.
Sources: YAHOO
Money Funds Rise in Latest Week
YAHOO
AP - Assets of the nation's retail money market mutual funds rose by $155 million in the latest week to $843.59 billion, the Investment Company Institute said Thursday.
Sources: YAHOO
Dollar mostly lower after economic reports
YAHOO
AFP - The dollar skidded to a one-year low against the euro as traders looked past hints of more rate hikes from the Federal Reserve and sold greenbacks after a weak report on US April retail sales.
Sources: YAHOO
Euro hits new 12-month high as dollar fades
YAHOO
AFP - The euro extended its gains against the dollar, touching new one-year highs after a weaker-than-expected report on April retail sales in the US, traders said.
Sources: YAHOO
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