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News Breaks | | | | November 28, 2012 | | 10:09 EDT |  | COST | Fitch downgrades Costco's IDR to A+
Fitch Ratings has downgraded Costco's Issuer Default Rating to 'A+' from 'AA-'. The Rating Outlook is Stable. The rating action follows Costco's announcement that it plans to issue new senior unsecured debt securities to substantially fund a special dividend of $7 per share, or around $3B. | |
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News For COST From The Last 14 Days Check below for free stories on COST the last two weeks. |
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| May 24, 2013 | | 09:44 EDT |  | COST | Costco May weekly volatility elevated at 27 into Q3 and revenue outlook
Costco May weekly call option implied volatility is at 27, June and July is at 16, October is at 15; compared to its 26-week average of 19 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on May 30. | | | May 21, 2013 | | 14:50 EDT |  | COST | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link | | | May 14, 2013 | | 08:06 EDT |  | COST | BofA/Merrill's retail analysts hold an analyst/industry conference call
Global Retail Team discusses key global athletic themes including industry trends, sourcing costs outlook and favorite investment ideas on an Analyst/Industry conference call. Relevant covered companies COLM, COST, DKS, FINL, FL, GES, JNY, NKE, PVH, RL, TGT, UA and WMT may be included on the Analyst/Industry conference call to be held on May 14 at 10 am. | |
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