Wal-Mart’s 4Q Income Improves; Retailer Issues Cautious Outlook
Wal-Mart Stores said Thursday its fourth-quarter net income rose 8.6% from a year ago, but the retail giant issued a cautious 2013 outlook.
February 21, 2013States Issue Warnings as Big Winter Storm Bears Down on Plains, Midwest
Officials issued winter storm warnings from Colorado through Illinois Thursday, with as much as a foot of snow expected in some states, the Associated Press reported.
February 21, 2013Mullen Group’s 4Q Income Falls
Canadian transportation firm Mullen Group said its fourth-quarter profit decreased 54% on reduced revenue from its oil-field services segment.
February 21, 2013Dana’s Fourth-Quarter Profit Improves
Truck and auto component maker Dana Holding Corp. said Thursday its fourth-quarter profit rose from a year ago, though its revenue declined.
February 21, 2013Philadelphia Manufacturing Activity Contracts
Manufacturing activity in the Philadelphia region contracted in February, the Federal Reserve Bank of Philadelphia said Thursday.
February 21, 2013Leading Economic Indicators Rise in January
An index of leading economic indicators rose 0.2% in January, the New York-based Conference Board said Thursday.
February 21, 2013Existing Home Sales Rise in January
Existing home sales rose 0.4% in January, the National Association of Realtors said Thursday.
February 21, 2013Initial Jobless Claims Rise for First Time in Three Weeks
Initial jobless claims rose by 20,000 last week, the first rise in three weeks, the Labor Department said Thursday.
February 21, 2013White House Outlines Plan for $50 Billion in Infrastructure Spending
The White House on Wednesday outlined a set of infrastructure proposals, including $40 billion for a “fix-it-first” policy to prioritize repairing existing roads, bridges and other facilities before building new ones, as part of a $50 billion total plan.
February 20, 2013Volvo’s January North American Truck Deliveries Drop 38%
Volvo AB said Wednesday its North American truck deliveries fell 38% in January from a year ago.
February 20, 2013