Costco's profit boosted by higher membership fees, strong U.S. sales
Warehouse club operator Costco Wholesale Corp reported a better-than-expected quarterly profit on Thursday, helped by higher membership fees and strong sales in the United States.
MOSCOW Russia test fired a ballistic missile from a nuclear submarine in the Barents Sea on Friday, a spokesman for Russia's navy said.
The missile was launched from the Ryazan nuclear submarine in the Barents Sea and hit a designated area in the Kura testing ground on the Kamchatka Peninsula on Russia's Pacific coast.
"The ballistic missile was launched from the Ryazan nuclear submarine and the warhead reached the Kura firing range in Kamchatka at the planned time," said navy spokesman Igor Dyagalo. He declined to say what sort of missile had been fired.
Russian missile tests have become regular occurrences by the armed forces in recent years.
(Reporting by Guy Faulconbridge, editing by Richard Williams)
GameStop Corp, the world's largest retailer of videogames and gaming consoles, reported better-than-expected quarterly results on Thursday, but left its full-year earnings forecast unchanged, sending shares down 6 percent in extended trading.
CHICAGO Best Buy Co Inc reported an unexpected rise in first-quarter comparable sales and the No. 1 U.S. electronics retailer said it planned to save $600 million in costs by the end of fiscal 2021, sending shares to an all-time high on Thursday.