10:30 AM ET May 30 2012
The do-it-yourself and appliance retailer Lowe’s said promotion and calendar shift played a key role in the first quarter as comparable sales stores rose 2.6%. The retailer reiterated its comparable sales increase outlook between 1% and 3% for the year.
11:56 PM ET May 26 2012
Housing market is still in the doldrums but Home Depot, Inc has managed to increase comparable same store sales between 4% and 6% in the last four quarters tough helped by warmer weather in the last two quarters.
2:35 PM ET May 17 2012
Visa Inc. reported fiscal second quarter revenues increased 15% and net income surged 21% and raised earnings outlook in the current year and reaffirmed 2013 guidance.
2:30 PM ET May 05 2012
MasterCard Inc said first quarter revenues gained 17% and net income soared 21% and issued a cautious outlook. The company guided cumulative average annual revenues growth in 2012 and 2013 between 12% and 14% and stressed any additional PIN enabled debit card transaction yield lower than average.