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AT&T, Inc. (NYSE:T) reports that it has set a new sales record with Apple’s (NASDAQ:AAPL) iPhone 5 over the weekend, remarking that the new product was the fastest-selling iPhone it has ever offered. In addition, the company says that customers ordered more iPhones from AT&T than any previous model both on its first day of preorders and also over the weekend.
Don’t Miss: Is the iPhone 5 a BURDEN on Apple?
Wal-Mart Stores, Inc. (NYSE:WMT) might take advantage of Carrfour and Tesco Plc’s (TSCDY.Pk) struggle against shrinking profits and declining consumer spending, along with India’s opening up to foreign investment in retail, to tap the $505 billion market, according to Bloomberg.
Exxon Mobil Corporation (NYSE:XOM): Anticipating new evidence that the United States’ economy might expect faster growth, oil has traded near a four-month high, says Bloomberg. However, in New York futures were basically steady after moving as high as $100.42 per barrel on Friday.
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