Feb 24, 2017

Week in Review, February 25

His comments came as PSA reported annual net income increasing 92 per cent to €1.73bn last year, while revenue fell 1 per cent to €54bn. The company raised its margin guidance to 4.5 per cent from 4 per cent for 2016-18. In the UK, the pace of the sales fall at its Asda arm slowed, down 2.9 per cent compared with a 5.8 per cent drop in the previous quarter. Walmart's revenue for the quarter increased 1 per cent to $130.9bn, shy of analysts' estimates of $131.16bn. Ecommerce sales in the US rose 29 per cent. For the full year, Walmart's revenue lifted 0.8 per cent to $485.9bn. Lex: Walmart - heavyweight boxer. BHP unveiled a dividend that was 25 per cent higher than the amount outlined in its payout policy.

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