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Several U.S. retailers miss estimates as shoppers frugal

A number of top U.S. retailers reported disappointing April sales on Thursday as consumers gravitated toward discount chains and bad weather delayed spring shopping in much of the country.
Phil Wahba, Reuters
Posted on 5-09-2013 at 10:59 AM

Frank Mayer, Chairman & Co-Portfolio Manager, Vision Capital Corporation

Canadian Tire plans $3.5-billion REIT

Canadian Tire Corp, best-known for its namesake automotive and homeware stores, said it plans to create a $3.5 billion real estate investment trust through an initial public offering in the...
Reuters
Posted on 5-09-2013 at 8:17 AM

Groupon quarterly revenue tops estimates, shares jump

Groupon Inc reported better-than-expected quarterly profit and revenue on Wednesday as the company's main daily deals business in North America turned in a strong performance.
Reuters
Posted on 5-08-2013 at 4:58 PM

McDonald's April sales fall more than expected

McDonald's Corp's April sales at established restaurants declined slightly more than analysts had expected as it faced tougher times in Europe, Asia/Pacific, Middle East and Africa.
Lisa Baertlein, Reuters
Posted on 5-08-2013 at 8:21 AM

Keith Howlett, Consumer Products and Merchandising Analyst, Desjardins Capital Markets

Tim Hortons names Marc Caira as new chief

Tim Hortons Inc. has named the former head of a global supplier to the food services industry as its new chief executive officer.
Bertrand Marotte, The Globe and Mail
Posted on 5-08-2013 at 8:03 AM

David Miller, research analyst, B. Riley and Co.

Disney's profit rises on parks, 'Oz' movie

Media giant Walt Disney Co (DIS-N) reported an increase in profit that beat Wall Street expectations, boosted by higher attendance at theme parks and the movie box office success of "Oz the...
Lisa Richwine and Liana Baker, Reuters
Posted on 5-07-2013 at 5:59 PM

Whole Foods store sales accelerate, shares rise

Whole Foods Market Inc on Tuesday reported higher second-quarter profit and said store sales have accelerated, and its shares rose more than 7 percent after hours.
Lisa Baertlein, Reuters
Posted on 5-07-2013 at 4:38 PM

Kraft Foods profit beats Street, shares rise

Kraft Foods Group Inc reported quarterly earnings that far exceeded Wall Street estimates on Thursday, sending its shares higher.
Martinne Geller, Reuters
Posted on 5-02-2013 at 4:51 PM