Cost Cutting, Quarterly Results | featured news

Wal-Mart's quarterly profit rises 10%

Wal-Mart's quarterly profit rises 10%

Wal-Mart Stores Inc. says its first-quarter net income rose 10 percent as the world's largest retailer benefited from cost-cutting.

 

Times Co. Shows Loss but Beats Forecast

The New York Times Company reported a $35.6 million loss for the third quarter on falling advertising revenue, but deep cost-cutting and newspaper price increases helped beat projections.

 

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