Wal-Mart Stores Inc.’s (WMT) second-quarter earnings rose 5.7% as the retail giant’s U.S. same-store sales remained flat, though margins declined. The company raised its full-year earnings view to $4.41 to $4.51 a share from $4.35 to $4.50 and forecast current-quarter earnings of 95 cents to $1 a share while analysts surveyed by Thomson Reuters expect [...]
The entire 2012 Honda Civic lineup is making its highly anticipated world debut today at the 2011 New York International Auto Show. The conventional gasoline-powered Civic Sedan and Civic Coupe, high-performance Civic Si Coupe, gasoline-electric Civic Hybrid, Civic Natural Gas and Civic HF, an all-new high fuel economy model are being shown publicly for the [...]
Sticker shock: The price of gas is spiking to $3.19 per gallon. Signs across West Michigan started changing Monday, changing from below $3 a gallon to nearly $3.20 at many gas stations. Gasoline rationing and $5 pump prices are predicted by 2012 for consumers if U.S. politicians don’t get their act together, a former Shell [...]
NEW YORK (Dow Jones)–U.S. auto travel over the end of May Memorial Day weekend is projected to rise 5.8% from a year ago, to the highest level since 2007, auto club AAA said Thursday. Although gasoline prices are up from a year earlier, AAA said it doesn’t expect prices to average above $3 a gallon [...]