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Target cuts annual profit outlookComments Off

Target has slashed its annual profit outlook as the retailer continues to reel from a massive data breach, a disappointing expansion in Canada and sluggish sales in the U.S.

U.S. Equity Futures Flat Ahead of Fed MinutesComments Off

U.S. equity futures were flat as investors awaited minutes of the latest FOMC meeting, and worries bubbled the rally might be running out of steam.

Lowe’s 2Q profit rises as weather improvesComments Off

Lowe’s second-quarter net income increased 10 percent, bolstered by improving weather.

Staples Earnings Fall 20%, Sees Taking Pretax ChargeComments Off

Office-supplies retailer Staples Inc. [s:spls] said Wednesday second-quarter net earnings were $81.9 million, or 13 cents a share, compared with $102.5 million, or 16 cents a share, in the same quarter last year.

Lowe’s Lowers Sales-growth Outlook For 2014Comments Off

Lowe’s Companies Inc. on Wednesday lowered its outlook for sales growth in fiscal 2014, saying it now expects total sales to grow by 4.5%, down from 5% estimated previously.

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