Financial Performance

Walmart beats all around, with online sales rebounding

May 17, 2018

Walmart's improving store experience and rebounding online sales helped to power first-quarter results

JC Penney outlook spooks Wall Street

May 17, 2018

J.C. Penney blamed weak clothing sales on bad spring weather and said it would offer more plus-size fashions to try and boost sales.

Nordstrom beats 1Q expectations

May 17, 2018

Nordstrom beats 1Q expectations

Maersk posts 30 pct. revenue hike in Q1, but cites risks

May 17, 2018

Danish shipping group A.P. Moller-Maersk says its first-quarter revenue increased by 30 percent to $9.3 billion, but also noted increased risks to the business

Wynn Resorts points to changes after founder's resignation

May 16, 2018

The board of directors and CEO of Wynn Resorts on Wednesday sought to show shareholders they are working to strengthen the casino operator's corporate culture and moving it forward without its founder

Macy's sees robust mobile, online sales as profits soar

May 16, 2018

Macy's sees robust mobile, online sales as it beats profit and revenue expectations for the first quarter

Trump reversal of mining pollution rule challenged in court

May 16, 2018

Environmental groups are challenging the Trump administration's rejection of an Obama-era rule that would have required companies to prove they have the financial wherewithal to clean up mining pollution

Cold spring hurts Home Depot's 1Q same-store sales growth

May 15, 2018

Home Depot reported slower than expected sales growth for the first quarter, as colder-than-usual spring weather hurt sales of fertilizer, live plants and other gardening-related items.

Nissan profit hit by strong yen, higher materials, R&D costs

May 14, 2018

Nissan's quarterly profit sinks 32 percent on strong yen, higher costs for materials, R&D

Postal Service: More financial loss as mail delivery slumps

May 11, 2018

US Postal Service reports another quarterly loss due to an unrelenting decline in mail volume and the cost of health care and pension costs

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.

Contact us: sales@thebudgetreport.com