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BUSINESS BRIEFS.(TO THE POINT)
TRANSPORTATION
Nissan leads U.S. vehicle sales
The automaker posted a 30% gain in U.S. sales in March, setting a record with 90,494 cars and trucks. Ford posted a 3% gain in sales, breaking a five-month losing streak. The No. 2 U.S. automaker's brisk truck and SUV sales offset weak car sales. GM, the world's largest automaker, saw sales climb 6.3%. Toyota reported its U.S. sales rose 5.5%, while DaimlerChrysler's Chrysler sales dipped 2%.
RETAIL
Wal-Mart, retailers ratings drop
Merrill Lynch lowered its investment rating on Wal-Mart, Dollar Tree Store, Family Dollar Stores, Neiman Marcus Group and Target from buy to neutral on concerns that sales growth would slow in the second half of '04. Retailers have had strong sales in Q1, thanks to holiday gift certificates and income tax refunds. The ratings news sent all the stocks down, except Family Dollar, which closed up.
J.C. Penney nears sale of Eckerd
- The Jean Coutu Group (PJC) Inc. corrects...In the news release transmitted on...
- Press release article from: Business Wire July 23, 1998 700+ words
...the 1997-1998 fiscal year, The Jean Coutu Group (PJC) Inc. registered total revenues...This level of sales enabled The Jean Coutu Group to record net earnings of $63.2 million...Chief Executive Officer of The Jean Coutu Group, Mr. Jean Coutu, noted that "these...
- Rite Aid Will Grow to Approximately 5,000 Drugstores as the Jean Coutu Group...
- Press release article from: Business Wire August 24, 2006 700+ words
...Corporation (NYSE, PCX:RAD) and The Jean Coutu Group (PJC) Inc. (TSX:PJC.A) --The Jean Coutu Group Will Receive $1.45 Billion in Cash...Intends To Assume $850 Million of Jean Coutu Group Long-Term Debt --Transaction Accelerates...
- Rite Aid will grow to Approximately 5,000 Drugstores as the Jean Coutu Group...
- News wire article from: Canadian Corporate News August 24, 2006 700+ words
...NYSE:RAD)(PCX:RAD) and The Jean Coutu Group (PJC) Inc. (TSX:PJC.A): - The Jean Coutu Group Will Receive $1.45 Billion in Cash...Intends - To Assume $850 Million of Jean Coutu Group Long-Term Debt - Transaction Accelerates...
- THE JEAN COUTU GROUP CONTINUES ITS GROWTH WITH RECORD NET EARNINGS FOR THE...
- Press release article from: PR Newswire August 20, 2004 700+ words
...under the symbol (TSX): PJC.A The Jean Coutu Group (PJC) Inc. ("Jean Coutu Group") has ended its 2003-2004 fiscal year...closing of the Eckerd acquisition, the Jean Coutu Group is now the fourth largest drugstore chain...
- 1997-1998 Third Quarter Results: The Jean Coutu Group Reports 15 Percent in...
- Press release article from: Business Wire April 22, 1998 700+ words
...WIRE)--April 22, 1998--The Jean Coutu Group (ME: PJC.A.) (TSE: PJC.A...Chief Operating Officer of The Jean Coutu Group, Francois J. Coutu, says, "This...This puts total revenues for The Jean Coutu Group in the first nine months of this fiscal...
- The Jean Coutu Group to hold Press Conference.
- News wire article from: Canadian Corporate News August 24, 2006 700+ words
...CCNMatthews via COMTEX) -- The Jean Coutu Group (PJC) Inc. (TSX:PJC.A) invites...Street in Longueuil, Quebec. The Jean Coutu Group's senior management, including Jean...definitive agreement between The Jean Coutu Group (PJC) inc. and Rite Aid Corporation...
- The Jean Coutu Group to hold Financial Community Conference Call.
- News wire article from: Canadian Corporate News August 24, 2006 700+ words
...CCNMatthews via COMTEX) -- The Jean Coutu Group (PJC) Inc. (TSX:PJC.A) announced...Friday, August 25, 2006. The Jean Coutu Group's senior management, including Jean...definitive agreement between The Jean Coutu Group (PJC) inc. and Rite Aid Corporation...
- The Jean Coutu Group - Financial Results, First Quarter of the 2002-2003 Fiscal...
- News wire article from: Canadian Corporate News October 23, 2002 700+ words
...CCNMatthews via COMTEX) The Jean Coutu Group (PJC) Inc. has ended its first quarter...period ending August 31, 2002, The Jean Coutu Group's revenues reached $1.085 billion...end of this first quarter, The Jean Coutu Group posted net earnings of $39.6 million...