NEW YORK --
Costco (COST), the warehouse retailer, said same-store sales in June rose 3%.
Analysts were expecting same-store sales to rise 3.7%.
Total sales for the month rose 6% to $9.18 billion from $8.69 billion a year earlier.Mark Zuckerberg Should Tell the Public to Drop Dead
General Electric (GE) is delaying plans to build the biggest solar factory in the U.S. in Aurora, Colo., near Denver. The Denver Post reported GE has told state and local officials that it plans to postpone construction of its PrimeStar solar panel plant by 14 to 18 months. The plant will have an annual capacity of 400 megawatts.
General Motors (GM) and its partners sold 213,495 vehicles in China in June, up 10.1% from a year earlier.
Visteon (VC), the auto parts supplier, said it would offer about $805 million in cash to buy the remaining 30% of South Korean car air conditioner maker Halla Climate Control that it doesn't already own. RIM Bankrupt? How The Story Might End In Chapter 7
Exxon Mobil (XOM) is weighing a sale of its German Esso gas station chain, according to people familiar with the process, Bloomberg reported. The unit, which includes more than 1,100 gas stations in Germany, may fetch more than €1 billion ($1.3 billion), two of the people told Bloomberg. Review: Google's New $199 Killer Tablet
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: email@example.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV