May Dept. Posts Lower Profit, Sales Fall
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May Department Stores Co. MAY.N,  parent of Lord & Taylor and David's Bridal retail chains, on  Tuesday posted a lower quarterly profit on disappointing sales  of dresses and home furnishings.
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WASHINGTON -- Sales of new homes fell in May for the fourth time in the past five months, providing further evidence of a continued slump in housing.
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Pending sales of existing US homes fell in May to the lowest level in almost six years, new figures show.
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Discount retailer Dollar General Corp.   DG.N on Thursday posted lower quarterly profit, hurt by weak   gross profit margins and a disappointing start to the   back-to-school shopping season.
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Pending sales of existing U.S. homes hit the lowest level in more than five years in May and factory orders dipped modestly, according to data on Tuesday that suggested the economy was struggling.
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WASHINGTON -- Reflecting further housing troubles, sales of existing homes fell in May to the lowest level in four years while the median home price dropped for a record 10th consecutive month.
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U.S. investment bank Morgan Stanley on  Wednesday said quarterly profit fell amid reduced trading  revenue, reflecting the impact of sluggish markets this summer.
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Appliance maker Maytag Corp. on Friday  reported worse-than-expected quarterly results as sales of  Hoover vacuums fell and steel costs rose, and slashed its 2005  outlook on an expected loss of sales at key retailers.
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Chevron Corp. , the No. 2 U.S. oil company, said on Friday its fourth-quarter profit fell 9 percent, pulled down by weaker natural gas prices that have pared record earnings across the industry.
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The retailer cited lower overall sales and weaker operating results from Kmart and its domestic Sears operations.
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Family Dollar Stores Inc  said on Tuesday quarterly profit fell as sales at older stores declined and customers cut their discretionary spending.
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May Department Stores (MAY:NYSE - news - research) reported dismal third-quarter results Tuesday, weighed down by its acquisition of Marshall Field&#39;s and negative sales trends.
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Whirlpool Corp.  on Wednesday posted lower fourth-quarter net earnings after a loss from discontinued operations tied to assets acquired when it bought Maytag last year.
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Williams-Sonoma Inc. , the  upscale home furnishings retailer, reported lower quarterly  profit Wednesday, citing challenging sales in its core brands.
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Business & money: Official data reveals a worse-than-expected fall in retail sales last month
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Sales of existing homes fell in May to the lowest level in four years while the median home price dropped for a record 10th consecutive month.
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Safeway Inc. , the third-largest U.S. grocer, on Tuesday reported a lower quarterly profit as it grappled with lingering costs from a labor strike in California earlier this year.