Dollar General Corp. fell the most since it first sold shares to the public in 2009 after posting first-quarter profit that missed analysts’ estimates, hurt by rising gasoline prices and clearance sales.
Wal-Mart Stores Inc., the world’s largest retailer, reported fourth-quarter profit that trailed analysts’ estimates as an emphasis on low prices hurt margins. The shares tumbled the most in six months.
Aug. 6 (Bloomberg) -- Colin McGranahan, an analyst with Sanford C. Bernstein & Co., talks with Bloomberg's Betty Liu about the offer from Best Buy founder Richard Schulze to buy the company and take it private. He speaks on Bloomberg Television's "In The Loop."