BJs Wholesale Club News

Bargain-seekers continued to flock to retailers offering low prices, giving Costco Wholesale Corp and newly public discounter Dollar General Corp a lift last quarter.

Costco Wholesale Corp said quarterly profit rose slightly on higher international sales and a weaker U.S. dollar that offset the effect of rising gasoline prices.

Costco Wholesale Corp. Thursday reported flat fiscal first-quarter earnings as lower gasoline prices and higher merchandise costs offset a slight rise in comparable sales at the nation's top warehouse-style retailer.

A major U.S. hacker agreed to plead guilty to federal charges linked to electronic break-ins at 7-Eleven Inc and a chain of New England grocery stores, a court filing shows.

A major U.S. hacker agreed to plead guilty to federal charges linked to electronic break-ins at 7-Eleven Inc and a chain of New England grocery stores, a court filing shows.

NATICK ,A Mass. BJs is promoting its selection for the holidays, with special deals on video games, home appliances and electronics.

Sales increased by 6.4 percent to $833.6 million in November for Natick-based discount retailer BJ's Wholesale Club Inc.

A federal jury on Wednesday found Minnesota businessman Tom Petters guilty of orchestrating a $3.65 billion Ponzi scheme.

While many of the nation's retailers posted a drop in sales for November, wholesale clubs bucked the trend - showing monthly sales gains as shoppers continued to come to their clubs for deals on everyday items.

Sarah Palin sold at least 469,000 copies of her memoir in the first five days, according to Nielsen BookScan data.

Accused Ponzi schemer Tom Petters will wait at least six more days to learn his fate after a federal jury adjourned deliberations without reaching a verdict over whether he orchestrated a $3.65 billion fraud.

Among the shares expected to see active trade in Wednesday's session are those of Autodesk, BJ's, Elbit Systems, Hershey, Salesforce, Sara Lee, Target and VimpelCom.

BJ's Wholesale Club Inc. said Wednesday that a legal settlement helped push its third-quarter profit down 37 percent.

The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange: NYSE: Coventry Health Care Inc., down 63 cents at $23.05 An analyst said the health insurer will likely offer a disappointing 2010 earnings outlook and may be hit hard by health care reforms.

Retail stocks declined Wednesday after BJ's Wholesale Club Inc. reported a 37% decline in its third-quarter profit and the midpoint of its full-year profit forecast range fell short of Wall Street's expectations.

A legal settlement pushed down third-quarter profit at BJ's Wholesale Club Inc. 37 percent, the warehouse club operator said Wednesday.

BJ's Wholesale Club Inc. is scheduled to report earnings for its third quarter Wednesday before the market opens.

The struggling Dublin Village Center off Sawmill Road has been sold, raising prospects the 21-year-old retail complex may be redeveloped by its new owner.

Major companies tentatively scheduled to report quarterly earnings next week: Monday MOORESVILLE, N.C. a ' Lowe's Cos.

BJ's Wholesale Club Inc. of Natick reported $764.7 million in October sales for 2009, a 3.5 percent increase over the $738.9 million in sales for the same month last year.