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1 Article
Source: Common Domain

Walmart earnings preview: Grocery sales expected to give the retail giant a boost

Today 02:24 GMT

An expected boost from its grocery business is anticipated when Walmart Inc. reports fiscal fourth-quarter earnings before the bell on Feb. 19.

“Our proprietary Grocery Walmart custom-cut index data analysis points to a sequentially stronger grocery comp and we expect Walmart captured its fair share of a robust holiday season on the discretionary side, suggesting a comp of 3% to 3.5% is possible,” wrote BMO Capital Markets analysts led by Kelly Bania.

1 Article
Source: DW

Atiku Abubakar: "The fight against corruption has not given us the result we expected"

Saturday 07:00 GMT

Former Nigerian vice president Atiku Abubakar is set to make a bid for the top job for the fifth time this Saturday in the Nigerian presidential election.

DW spoke with Abubakar following a rally in his home state of Adamwa about the problem of corruption in Nigeria and his plans for the country should he secure the presidency. He has long been a household name in Nigeria thanks to his heavy involvement in politics and the business world, however ongoing corruption allegations have threatened to overshadow his campaign.

1 Article
Source: Common Domain

Dow on track for 8th straight weekly gain amid U.S.-China trade-talk euphoria

Saturday 14:30 GMT

Stocks traded near intraday highs Friday, with the Dow and the Nasdaq on track to gain for an eighth week in succession, as investors focused on continued progress in trade negotiations between China and the U.S. Expectation for talks to continue next week in Washington has added fresh hope that a resolution was near, even if the parties appeared far apart on key points.

For the week, the Dow is poised to rise 2.7%, the S&P 500 is looking at a 2.3% advance, while the Nasdaq is set to gain 2.2%.

1 Article
Source: Global News

Quebecers stranded in Haiti amid violent protests expected back in Canada Saturday

Sunday 18:09 GMT

More than 100 Quebec tourists who have been trapped in Haiti in the midst of violent street protests will be flown back to Montreal on Saturday evening, Air Transat confirmed.

READ MORE: Canadian embassy closed as violent protests in Haiti trap Quebec tourists. Protests demanding the resignation of President Jovenel Moïse have claimed several lives over the past week. Protesters are angry about skyrocketing inflation and the government’s failure to prosecute embezzlement from a multi-billion Venezuelan program that sent discounted oil to Haiti.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte