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Family Dollar Stores Inc reported a 36 percent jump in quarterly profit, topping market estimates, and its shares rose 10 percent, as more shoppers scoured its aisles for low prices on food, shampoo and household cleaners.
June sales fell for most U.S. retailers as the plunging job market and cool, rainy weather dampened interest in summer shopping for consumers, triggering concern about the back-to-school season.
The U.S. government and UBS AG asked a federal judge on Sunday to delay the start of a closely-watched trial, as they seek to resolve their dispute over U.S. demands for the identities of thousands of wealthy Americans suspected of using the Swiss bank...
U.S. credit card defaults rose in June as unemployment increased and Americans struggled to pay their debts, but the figures were better than expected and the company's shares rose 3.2 percent.
J.C. Penney Co Inc (JCP.N) posted a smaller-than-expected net loss on Friday as it reined in costs, but the retailer indicated full-year profit might miss expectations, sending its shares down nearly 5 percent.