Wal-Marts’ (WMT) same-store sales were up more than most analysts thought they would be, rising 2.9% in the four weeks ending July 7.
Grocery sales did well, but electronics did better. "Sales of flat panel televisions, MP3 players, video game hardware and accessories, laptops and desktop computers had significant year-over-year gains. Computer sales were fueled by the introduction of select Dell computers now sold at Wal-Mart stores and Sam’s Clubs throughout the United States."
Particularly good news for Dell.
Wal-Mart’s stock is up 1.3% in the pre-market. Dell’s shares are rising .35%.
Douglas A. McIntyre
W
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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