Costco Wholesale Newswire

Comprehensive Real-Time News Feed for Costco Wholesale.

Results 1 - 20 of 550 in Costco Wholesale

  1. American Express: Profits Continue FlowingRead the original story w/Photo

    23 hrs ago | Seeking Alpha

    Despite troubling headwinds, the profits at American Express continue flowing. The future of the premium credit card network doesn't appear nearly as dour as predicted by headlines following recent well-publicized customer defections.

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  2. Costco lifts dividend, reauthorizes share buybacksRead the original story w/Photo

    23 hrs ago | MarketWatch

    Costco Wholesale Corp. said Friday that it is raising its quarterly dividend 13% and reauthorizing a $4 billion repurchase program, moves that follow what some analysts called one of its strongest quarters ever. The retailer is lifting its quarterly dividend to 40 cents from 35.5 cents a share.

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  3. Costco Seen Paying Almost Zero on Cards in Citigroup DealRead the original story w/Photo

    Yesterday | The Washington Post

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Costco Wholesale Corp., the retailer that replaced American Express Co.

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  4. AmEx shares fall on mixed earningsRead the original story w/Photo

    Yesterday | USA Today

    ... even as American Express copes with the looming loss of its lucrative co-branding relationship with Costco Wholesale ( COST ). Costco last month said Citigroup ( C ) and Visa ( V ) will be the popular membership company's new credit card partners ...

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  5. Costco Approves $4 Billion Buyback, Boosts Dividend 12.7%Read the original story

    Yesterday | Benzinga

    Costco Wholesale Corporation 's board boosted its quarterly dividend 12.7 percent and approved a new $4 billion buyback program. The company said its new buyback plan replaces a current $4 billion program, which expires this month and has unused authorization of $2.5 billion.

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  6. Costco hikes dividend, launches new $4B buybackRead the original story w/Photo

    Yesterday | Seeking Alpha

    Costco is hiking its quarterly dividend by 13% to $0.40/share. That's good for a 1.1% yield at current levels.

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  7. Costco Raises Dividend, Reauthorizes Repurchase ProgramRead the original story w/Photo

    Yesterday | Wall Street Journal

    Costco Wholesale Corp. said Friday that it is raising its quarterly dividend 13% and reauthorizing a $4 billion repurchase program, moves that follow what some analysts called one of its strongest quarters ever. The retailer is lifting its quarterly dividend to 40 cents from 35.5 cents a share.

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  8. My Take On American ExpressRead the original story w/Photo

    Yesterday | Seeking Alpha

    Given that this iconic brand is trading so low, the question is, is this an opportunity to get long at this point? American Express is one of the largest multinational financial services companies in the United States. It is truly an iconic American brand, having been in business for over 150 years.

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  9. China's Market Crackdown Spooks Global Markets; Amex SlidesRead the original story w/Photo

    Yesterday | TheStreet.com

    Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.

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  10. U.S. Stock-Index Futures Decline on China Short-Selling MoveRead the original story

    Yesterday | The Washington Post

    ... after its results missed estimates as the dollar strengthened and the lender ended its relationship with Costco Wholesale Corp. Schlumberger Ltd. gained 2.4 percent after the world's largest oilfield services provider said it will cut an additional ...

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  11. Wall Street Breakfast: Dollar Drifts Ahead Of Consumer Inflation DataRead the original story w/Photo

    Yesterday | Seeking Alpha

    Economy Shadowing a string of soft U.S. economic data, the dollar hovered near a one-week low against a basket of major currencies on Friday and was on track for its biggest weekly drop in a month. The dollar index, which last traded at 97.23 , set a fresh one-week low this morning - down 1.8% so far this week.

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  12. AmEx revenue misses estimatesRead the original story w/Photo

    Yesterday | Iol.co.za

    American Express Company, this year's worst performer in the Dow Jones Industrial Average, reported first-quarter revenue that missed analysts' estimates as the dollar strengthened and the lender ended its relationship with Costco Wholesale. Net income climbed 6.5 percent to $1.53 billion, or $1.48 a share, from $1.43 billion, or $1.33, a year earlier, the New York-based company said on Thursday in a statement.

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  13. AmEx revenue misses on strong dollar, loss of co-branded tie-upsRead the original story

    Yesterday | WNFL-AM Green Bay

    ... Gokhale said. AmEx also said the termination of several co-branded relationships, including that with Costco Wholesale Corp in Canada last year, hurt revenue. "We are now seeing the full impact from the termination of this relationship," a company ...

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  14. Costco to anchor huge retail development in LafayetteRead the original story w/Photo

    Yesterday | The Advocate

    ... Saloom Road and Ambassador Caffery Parkway Thursday in Lafayette. A 58-acre retail development anchored by Costco Wholesale and including several first-time Lafayette locations for national chains is set to open March 2016 at the busy corner of ...

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  15. AmEx Revenue Misses Estimates as Lender Pinched by Costco LossRead the original story

    Thursday | The Washington Post

    American Express Co., this year's worst performer in the Dow Jones Industrial Average, reported first- quarter revenue that missed analysts' estimates as the dollar strengthened and the lender ended its relationship with Costco Wholesale Corp. Net income climbed 6.5 percent to $1.53 billion, or $1.48 a share, from $1.43 billion, or $1.33, a year earlier, the New York-based company said Thursday in a statement. The average estimate of 14 analysts surveyed by Bloomberg was for profit of $1.37 a share.

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  16. Amex profit buoyed by card member spendingRead the original story w/Photo

    Thursday | MarketWatch

    ... with setbacks, the most notable of which were the end of the New York credit-card firm's partnership with Costco Wholesale Corp. and the loss of an antitrust lawsuit. In all, American Express reported a profit of $1.53 billion, or $1.48 a share, ...

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  17. Wal-Mart: Millennials, Groceries, And E-Commerce PotentialRead the original story w/Photo

    Thursday | Seeking Alpha

    I usually don't tune into CNBC , but watched for a few minutes during my lunch break after something caught my attention while flipping through channels. The topic for discussion circled around the dining habits of "millennials vs. boomers," coupled with a chart demonstrating that for the first time, money spent on dining out surpassed that of money spent on groceries.

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  18. Costco Auto Program's Lori Grone Receives Auto Remarketing HonorRead the original story w/Photo

    Thursday | PRWeb

    ... member auto-buying service, the Costco Auto Program and its participating dealerships share the Costco Wholesale philosophy of offering exactly what Costco members are looking for - a beneficial relationship, outstanding value and superior buying ...

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  19. For first time, Americans spend more dining out than in grocery salesRead the original story w/Photo

    Tuesday Apr 14 | Philly.com

    ... rely on restaurants for their daily meals. Retailers such as Wal-Mart Stores Inc., Target Corp., and Costco Wholesale Corp. also offer grocery items in their stores, yet they are not tallied in the Commerce Department's grocery-store category. Their ...

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  20. PriceSmart - Dollar Strength Continues To Pressure Shares, As Recent Sales Trends Are PromisingRead the original story w/Photo

    Tuesday Apr 14 | Seeking Alpha

    ... with comparable sales growth coming in at just 1.4%. The company employs a warehouse business model like Costco Wholesale ( COST ) . PriceSmart operates just 36 stores in Latin America at which it sells merchandise at cheap prices to members only. ...

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