financial

Financials
Walmart Posts Big Fourth Quarter

Walmart net sales surpassed half a trillion dollars in its last-completed fiscal year as the company’s namesake business in the United States enjoyed a 3.6% comparable sales gain bolstered by a 4.2% comp increase in the fourth quarter.

Retail
NYSE Prompts hhgregg To Explore Options

Just two weeks after the New York Stock Exchange notified the company that it was not in compliance with listing rules, hhgregg, announced that it engaged Stifel, Nicolaus & Co. and Miller Buckfire & Co., subsidiaries of Stifel Financial Corp., to pursue a range of potential strategic and financial transactions to improve liquidity and return to profitability.

Featured News
Sears Slides In Q2

The losses continue to mount for Sears Holdings in the second quarter. The retailer also received additional financing through a loan from the investment firm controlled by its chairman.