A weak start to September for US stock market
NEW YORK (AP) — Stocks are mostly lower Thursday as banks slip and energy companies continue to fall with the price of oil.
Weak reports from Costco and Campbell Soup are hurting household goods companies.
The company said carrot sales fell because of a premature harvest that resulted in smaller vegetables, while a recall hurt sales of its Bolthouse Farms beverages.
The maker of canned soups, Pepperidge Farm cookies and V8 juices has been trying to capitalize on a growing desire for fresh foods.
The wholesale club operator said sales at older stores were unchanged compared to last year, while analysts expected some growth.
Customer management software developer Salesforce.com reported a greater profit and better sales than expected, but the stock slipped as investors weren't impressed with the company's third-quarter guidance.
The Gaming Inspection and Coordination Bureau said gross revenue from gambling rose 1.1 percent in August.
Diamond Offshore Drilling sank after the company said Brazilian oil company Petrobras is terminating a contract with the company.
Discount retailer Ollie's Bargain Outlet Holdings raised its forecasts for the year following a strong second-quarter report.
Cable company Charter Communications, which recently bought Time Warner Cable and Bright House Networks, rose after S&P Dow Jones said the company will be added to the Standard & Poor's 500 index next week.