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Harnessing the power of the sun
Walmart announced that it will add solar-generating systems to another 20 to 30 sites in California and Arizona, and the majority of these locations will feature new lighter, lower-cost thin film solar technology. The new solar power systems will be designed, installed, owned and maintained by SolarCity, Foster City, Calif.
"Developing and incorporating new renewable energy sources, like thin film, reduces energy price risk and aligns very well with our commitment to solving business challenges through technology," said Kim Saylors Laster, Walmart VP energy. -
Bed Bath & Beyond earnings up 35%
UNION, N.J. - Bed Bath & Beyond reported net earnings of 70 cents per diluted share ($181.8 million) in the fiscal second quarter ended Aug. 28, an increase of approximately 35% versus net earnings of 52 cents per diluted share ($135.5 million) in the same quarter a year ago. Net sales for the fiscal second quarter of 2010 were approximately $2.137 billion, an increase of approximately 11.6% from net sales of approximately $1.915 billion reported in the fiscal second quarter of 2009.