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HedgeEye Thinks Wal-Mart's E-Commerce Business Is 'Unacceptable'
Thursday, May 19, 2016 - 8:51am | 356Read More...Shares of Wal-Mart Stores, Inc. (NYSE: WMT) were trading higher by more than 8 percent early Thursday morning as the company's first-quarter top- and bottom-line beat is impressing investors following a slew of poor earnings from retailers. However, not everyone is convinced. Brian McGough of...
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Can Applied Materials Or Cisco Systems Offer Up An Earnings Surprise?
Tuesday, May 17, 2016 - 8:53am | 562Read More...Two industry leading tech companies are expected to take their turns on the earnings stage this week. Wall Street analysts are looking for some earnings growth, but smaller revenues from each of them. One of them has had a better record of exceeding consensus earnings estimates in recent quarters...
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Wal-Mart Plans To Make Its Board Of Directors 'More Nimble' By Lowering Headcount To 12 From 15
Thursday, April 21, 2016 - 8:55am | 329Read More...Wal-Mart Stores, Inc. (NYSE: WMT) announced after Wednesday's market close that four members of its board of directors – Aida Alvarez, Roger Corbett, Mike Duke and Jim Walton – will not stand for re-election at the company's annual shareholders' meeting. At the same time, the board of...
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Wal-Mart Says All Of Its Eggs Will Come From Cage-Free Sources By 2025
Wednesday, April 6, 2016 - 11:46am | 255Read More...Wal-Mart Stores, Inc. (NYSE: WMT) announced on Tuesday it plans on transitioning to a 100 percent cage-free egg supply chain by 2025 as part of a commitment to "continuously improving the company's food supply chain while maintaining the affordable prices that customers expect."...
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Barron's Picks And Pans: Wal-Mart, Medtronic, Palo Alto Networks And More
Saturday, February 27, 2016 - 5:24pm | 684Read More...Featured stories in this weekend's Barron's offer a look at the prospects for a retail giant, a medical device maker and three cybersecurity stocks. A small cap aerospace parts maker could rise 30 percent over the next year. One portfolio manager prepares to buy into the bear market, with a dozen...
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Barron's: A Liquid Alternative Mutual Fund Brain Trust
Saturday, February 27, 2016 - 5:16pm | 611Read More...The cover story in this weekend's Barron's takes a profile of AQR Capital Management, the largest liquid alternative mutual fund player. This distinctive investment manager has strategies for delivering results even in down markets. Other featured articles focus on finding rising stars in the art...
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Wal-Mart Eyeing Expansion Of Fresh Food Operations, Report Suggests
Thursday, February 18, 2016 - 10:02am | 207Read More...According to a report by Fortune, Wal-Mart Stores, Inc. (NYSE: WMT) is looking to create hundreds of new management positions for its fresh food sections at U.S. stores. Fortune, citing "people familiar with the matter," noted that Wal-Mart has already hired 30 field managers to...
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Wal-Mart Drops 5% Following Q4 Report, Lowered Sales Outlook
Thursday, February 18, 2016 - 8:40am | 321Read More...Shares of Wal-Mart Stores, Inc. (NYSE: WMT) were trading lower by more than 5 percent following the release of the company's fourth quarter results. Wal-Mart said it earned $1.49 per share in the fourth quarter on revenue of $129.7 billion. Wall Street analysts were expecting the company to...
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Wal-Mart Set To Kick Off Retail Earnings Season
Monday, February 15, 2016 - 1:25pm | 674Read More...The world's largest retailer kicks off the retail earnings parade later this week. Results from an upscale department store operator will be another highlight this week. Wall Street is looking for shrinking earnings from both of them. If the earnings season is starting to wind down...
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Here's Why Moneygram International Surged 14%
Monday, February 1, 2016 - 4:00pm | 282Read More...Shares of Moneygram International Inc (NASDAQ: MGI) surged on Monday after the company announced the extension of its new partnership with Wal-Mart Stores, Inc. (NYSE: WMT). Shares of Moneygram opened for trading at $5.56 and hit an intra-day high of $7.09. However, the stock gave up some of...
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Dollar General Seen As Winner From Wal-Mart Store Closures
Friday, January 29, 2016 - 2:12pm | 275Read More...Part of Wal-Mart Stores, Inc. (NYSE: WMT)’s scramble to re-position itself to compete with Amazon.com Inc. (NASDAQ: AMZN) and other e-commerce names has included aggressive cost-cutting measures such as the closure of al large number of the company’s experimental Walmart Express and...
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Wal-Mart, Coke And Pepsi Will Supply Flint With Water For The Rest Of The Year
Tuesday, January 26, 2016 - 8:39am | 460Read More...Wal-Mart Stores, Inc. (NYSE: WMT) announced on Tuesday it will team up with The Coca-Cola Co (NYSE: KO), PepsiCo, Inc. (NYSE: PEP) and Nestle to provide up to 6.5 million bottles of water for approximately 10,000 Flint, Michigan public school students. Wal-Mart is also encouraging other members...
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Wal-Mart Confirms More Than 1 Million Associates To Receive Pay Increase In 2016
Wednesday, January 20, 2016 - 2:54pm | 251Read More...Wal-Mart Stores, Inc. (NYSE: WMT) announced in a press release that more than 1.2 million of its associates at both Walmart and Sam's Club stores will receive a pay increase as part of the company's two-year, $2.7 billion investment in its workers. Wal-Mart noted that a pay raise is scheduled to...
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Wal-Mart Will Close Nearly 270 Stores, 16,000 Employees To Be Affected
Friday, January 15, 2016 - 10:27am | 327Read More...Shares of Wal-Mart Stores, Inc. (NYSE: WMT) were trading lower by nearly 2 percent ahead of Friday's opening bell following media reports that the company has closed stores in Brazil. Following the unconfirmed reports, Wal-Mart released an 8-K filing in which the company confirmed it plans...
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Report: Wal-Mart To Close 60 Stores In Brazil
Friday, January 15, 2016 - 9:58am | 159Read More...According to Telesur, a Latin American-based media outlet, Wal-Mart Stores, Inc. (NYSE: WMT) has closed approximately 60 stores in Brazil, representing more than 10 percent of its outlets in the country. Telesur reported that "people familiar with Wal-Mart's Brazil operations"...
