Retail, Consumer Staples ETFs Down After Costco Miss
May 25, 2011 at 15:18 PM EDT
Retail exchange traded funds were in the red Wednesday along with Costco (NasdaqGS: COST) after the warehouse club operator reported quarterly net income that fell short of analyst estimates after a charge. Costco shares “have had a good run of late and are enjoying a healthy multiple, so we could...