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Whole Foods Q2 Profit Hurt By Wild Oats Acquisition
Whole Foods Market (WFMI) reported a drop in second quarter earnings on Tuesday after the market close, hurt by the acquisition of Wild Oats. |
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Applied Materials Reports Rise In Q2 Earnings
Applied Materials (AMAT) reported a drop in second quarter earnings on Tuesday after the bell, hurt by a 15% drop in sales. Adjusted earnings came in below Wall Street's expectations. |
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Electronic Arts Reports Wider Q4 Loss On Charges
Electronic Arts (ERTS) reported a wider fourth quarter loss on Tuesday after the bell. |
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After Showing Early Weakness, Stocks End The Day Mixed
After seeing earlier weakness, stocks ended Tuesday’s session on a mixed note. Investors spent the session looking over a key government report on retail sales, while concerns about the outlook for the financial sector kept buying to a minimum. |
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INTERVIEW: Stuart Hoffman Of PNC Financial On Retail Sales Data: Consumer Is “Hanging In There”
In an interview with RTT News, Stuart Hoffman, chief economist at PNC Financial discusses the April retail sales data that came in better than expected, excluding a sharp decline in auto sales. Hoffman says consumers are being “more cautious” with their spending but the data was not consistent with |