Wal-Mart Stores issued tepid guidance for 2008. Credit Suisse said it was writing down nearly $3 billion worth of asset-backed securities.
Oil prices are heading back toward $100.
Wal-Mart earnings, sales up
Retail behemoth Wal-Mart Stores reported a surge in quarterly profit Thursday, topping Wall Street's expectations.
Credit Suisse receives £5.6m fine
The Financial Services Authority fines the UK arm of Credit Suisse for mis-pricing certain asset-backed securities.
Wal-Mart sales raise stimulus questions
Wal-Mart Stores Inc. on Thursday reported a 3% increase in July sales at U.S. stores open at least one year, less than analysts expected, and...
Stocks choppy after slump
Stocks gained at Thursday's open, bouncing back from a big selloff, as investors welcomed a stronger dollar, a merger in the chemical industry and an...
Big smile at Wal-Mart
Wal-Mart Stores Inc. trounced analyst expectations Thursday with a 5.8% jump in June sales for stores open at least one year, attributing the...
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