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Costco Wholesale News

News on Costco Wholesale continually updated from thousands of sources around the net.

5 hrs ago | MarketWatch

Indications: U.S. stock futures rise as crude drop extends; Costco warns

U.S. stock futures pointed to a stronger start on Wednesday, as a continued drop in oil prices and increased optimism in the hard-hit financial sector offset a profit warning from Costco Wholesale on another ...

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Related Topix: Retail, Financial Markets

13 hrs ago | Homeworld Business

Costco's Fourth Quarter Earnings Fall Below Estimates

Costco today noted that its earnings outlook for its fiscal fourth quarter and fiscal year ending August 31, 2008, will fall well short of its First Call consensus earnings per-share estimate of $1.00. Actual ...

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Related Topix: Retail

Thu Jul 24, 2008

Market Watch

MarketWatch First Take: Buyback bonanza seems curious

If three makes a trend, the moves on Wednesday by Costco Wholesale and Vodafone Group to buy back stock worth a billion dollars and pounds, respectively, after issuing warnings can only be considered, maybe, ...

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Related Topix: Retail, Vodafone Group, Telecom, MarketWatch, Startups

MyFOX Atlanta

Costco, AT&T, McDonald's, WaMu, Fannie Big Movers

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE AT&T Inc., up $1.73 at $33.55 The telecommunications company met adjusted second-quarter ...

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Related Topix: Financial Markets, Retail, Financial Services, Fannie Mae, Restaurant Management, Mcdonalds, Pfizer, Biotech, Medicine, Healthcare Industry

Ticker

Costco Lowers Outlook, Stocks Struggle

U.S. stocks struggled in the early afternoon trading. Crude oil futures dropped 1.2% and have lost nearly 15% from its peak of $147 a barrel.

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Related Topix: Retail, Restaurant Management, Mcdonalds, Financial Markets

Wed Jul 23, 2008

SmartMoney

Inflation Clubs Costco, Prompts Profit Warning

Costco Wholesale Share price as of Tuesday's close: $72.00 Share price now: $63.36 Percent change: -12.0% Volume: 27.6 million shares, daily average 5.5 million The News Investors clubbed Costco Wholesale on ...

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Related Topix: Retail

Earthlink

Stocks rise on upbeat profit reports, drop in oil

Investors believe the drop in oil, if it lasts, will give a boost to the economy.

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Related Topix: Hurricane, Weather, Hurricane Dolly, iPhone, Retail, Financial Markets

Atwater Signal

Costco sees 4Q, full-year profit below estimates

Costco Wholesale Corp. said Wednesday fiscal fourth-quarter and full-year profit will miss Wall Street expectations, as the warehouse club operator expects higher energy costs to crimp its bottom line.

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Related Topix: Retail

Tue Jul 22, 2008

The Honolulu Advertiser

Pillows sold at Costco being recalled

A set of pillows sold at certain Costco Wholesale Corp. stores are being recalled because they contain small metal fragments in the fiber-fill. The Consumer Products Safety Commission said about 120,000 units ...

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Related Topix: Retail, Product Recalls

Investopedia

Add Costco To Your Shopping List

Ever since reaching an all-time high of over $73 in mid-May, Costco Wholesale shares have been unable to climb higher.

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Related Topix: Retail

Mon Jul 21, 2008

Blogging Stocks

A "Depression Era" mentality takes hold of consumers

The Associated Press reports that a "Depression Era" mentality is taking hold among consumers.

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Related Topix: Retail, Wal Mart Stores

Sun Jul 20, 2008

Desert Sun

Surgeon to sign copies of book at Costco

Dr. Steven R. Gundry, author of "Dr. Gundry's Diet Evolution," will sign copies of his book at noon Saturday at Costco Wholesale, 72-800 Dinah Shore Drive.

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Related Topix: Retail

Sat Jul 19, 2008

Montreal Gazette

Costco decries 3-cent solution by Quebec

A Quebec energy board decision that will add 3 cents to the cost of every litre of gas sold in St.

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Related Topix: Retail

Fri Jul 18, 2008

Herald-Mail

Costco, theaters agree to anchor proposed shopping center near U.S. 40 and I-70

Faison, a retail development company that wants to build a shopping center on about 140 acres of land just southeast of the intersection at U.S. 40 and Interstate 70 near Hagerstown, announced Thursday that ...

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Related Topix: Retail, Hagerstown, MD, Hagerstown Metro

Canada NewsWire

Law needs to be updated in the interest of consumers - Costco...

Following a decision by Rgie de l'nergie on July 11, motorists in the region of Saint-Jrme will be required to pay an additional 3cents per liter of gas starting July 22 right through to January 24, 2011.

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Related Topix: Retail

Wed Jul 16, 2008

The Writing On The Wal

Spending the Rebate

It seems that the rebate checks are being spent after all. Several retailers have seen a bump up in sales.

Comment?

Related Topix: Retail, Wal Mart Stores

Tue Jul 15, 2008

Barron's

Discount Retailers in a Premium Spot

Goldman Sachs ONCE AGAIN, DISCOUNT STORES outperformed expectations this month with our sector same-store sales index rising 5.7% versus a 2.9% gain June estimate.

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Related Topix: Retail, Wal Mart Stores

Mon Jul 14, 2008

Blogging Stocks

Discount merchants benefit from high sales in June

Some of the country's largest retail chains had good June sales, benefitting from consumers looking for a place to spend their tax rebates, but this was not the case for higher-priced department stores.

Comment?

Related Topix: Nordstrom, Apparel, Retail, Wal Mart Stores

Bizjournals

Sotto Wireless hooks up with Costco through investors

Sotto Wireless has struck a deal to sell its wireless and office phone service in one of Costco's small business centers, thanks to a contact Costco made with the venture capital company that backed the Seattle ...

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Related Topix: Retail, Small Business, Personal Finance

Sun Jul 13, 2008

The Seattle Times

Nordstrom shares fall on profit forecast

Shares of Nordstrom dropped 8.7 percent Thursday after the Seattle retailer said it may not make its quarterly profit projections.

Comment?

Related Topix: Seattle Metro, Nordstrom, Retail, Apparel

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