S&P 500 Index Closes at a Five-Year High
The S&P 500 closed at 1,466 Friday, the highest since Dec. 31, 2007, before the financial crisis. That's a gain of seven points on the day.
Inc.
Walmart Raises Its Annual Dividend 21%
Walmart on Thursday raised its annual dividend 21% to $1.46 after reporting a 27% increase in net income for the fourth quarter last month. But after missing its own revenue projection, will the retail giant be able to turn its U.S. business around this year?
At Walmart This Holiday Season: Higher Toy Prices
Walmart Stores increased prices of thousands of toys at each store this month, as the world's largest retailer looks to turn around its trend of negative same-store sales by spurring holiday-season revenue, Bloomberg News reported.
Walmart Takes Aim at Amazon with Free Shipping Offer
In a move targeted at online retail giant Amazon.com, Walmart.com on Thursday announced it's offering free shipping on nearly 60,000 gift items -- including popular toys and electronics -- through Dec. 20. Could the move start a free-shipping war?
Hulu Considers an IPO to Expand Its Subscription Service
Hulu is considering raising up to $300 million in an IPO next year to add more shows to its subscription service, Reuters reported Friday. Will that be enough capital to keep Hulu competitive with Netflix, as well as services from companies such as Apple, Amazon and Wal-Mart?
Target Aims for Cities: First 'Urban' Store Coming to Seattle in 2012
Target Corp. will open its first smaller, "urban" store in Seattle in 2012, marking attempts by the second-largest U.S. discount store chain to boost business by expanding beyond its largely suburban customer base.
Sam's Club Testing Small-Business Loan Program
Sam's Club and Superior Financial Group are testing an online program to offer loans of $5,000 to $25,000 to qualified members, Sam's Club said in a statement.
