Just four days later, without a single reference to this court's Dec. 4 ruling, the Florida Supreme Court issued a new, wholesale post-election revision of Florida's election law.
In company news, Best Buy posted August same-store sales growth of 4.3%, which fell shy of analysts' expectations, while Costco Wholesale also posted weaker sales for the month, due to the late Labor Day holiday this year.
With the shrinking list, Costco Wholesale, which posted a 6 percent sales gain in February, now accounts for about two-thirds of the revenue in the tally.
CHICAGO, Dec. 14 (Reuters) — The Costco Wholesale Corporation posted a better-than-expected 10percentt rise in first-quarter profit Thursday, helped by a big jump in membership fees.
Wholesale prices posted their biggest decline on record last month as energy costs fell by the largest amount since 1989 and automakers turned to cut-rate financing to lure buyers, a government report showed today.
The market also suffered from a Labor Department report released today, which showed prices at the wholesale level posted their biggest gain in nine years for September.
The stock is poised to move higher after the wholesale chain posted a 9% rise in October same-store sales, beating the Street's 5.7% estimate.
U.S. wholesale prices posted their biggest gain in seven months in October, as food prices car prices spiked with the introduction of new models, according to a government report.
While its investment banking, or "wholesale," division posted a 3.2-billion-pound ($5.4 billion) loss on Wednesday, attributed to bad HBOS loans, its retail division brought in a 360-million-pound ($612 million) profit, down from 1.7 billion pounds ($2.9 billion) last year.
The best performers were wholesale clubs, which posted an average increase of 7.4percentt.
And the wholesale club Costco posted a jump of 13 percent jump, well above estimates for a 5.7 percent gain.
