Earnings
Costco's same-store sales, profit miss estimates
Warehouse club retailer Costco Wholesale Corp reported lower-than-expected quarterly comparable-store sales and profit as big grocery chains competed fiercely to attract customers with lower prices.
Price war triggers Kroger's first same-store sales drop in 13 years
Supermarket operator Kroger Co surprised analysts with its first quarterly same-store sales decline in 13 years, as competition intensified in the U.S. grocery industry, sending its shares down as much as 5.6 percent on Thursday. | Video
LSE CEO Rolet staying put if Boerse tie-up fails
LONDON London Stock Exchange Group Chief Executive Xavier Rolet said on Friday he would "postpone his retirement" if, as widely expected, a 26 billion euro ($27.4 billion) merger with Deutsche Boerse collapses.
Abercrombie expects sales to improve in 2017, shares jump
Teen apparel retailer Abercrombie & Fitch Co said it expected its brands to perform better in 2017 and reported the first rise in quarterly comparable sales in a year at its Hollister brand, sending the company's shares up 14 percent.
JD.com shares jump on strong fourth-quarter results driven by holiday sales
BEIJING JD.com Inc, China's second biggest e-commerce firm, said fourth-quarter revenue jumped 47 percent from a year earlier driven by strong sales during holiday shopping events at the end of last year.
AB InBev suffers first core profit decline on Brazil slump
LEUVEN, Belgium Anheuser-Busch InBev, the world's largest brewer, suffered its first decline in core earnings since its formation over a decade ago as recession-hit Brazil depressed beer sales by even more than expected.
