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Vetr Crowd Upgrades Wal-Mart, But Just 64% Of The Crowd Are Bullish
Thursday, December 10, 2015 - 2:52pm | 347Read More...Shares of Wal-Mart Stores, Inc. (NYSE: WMT) have lost nearly 30 percent of its value since the start of 2015. The Vetr crowd turned slightly more bullish on the retailer, upgrading its rating to 3.5 stars out of a possible five. Sixty-four percent of the Vetr crowd's ratings are...
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Wal-Mart's Crashing Because It Over-Earned (Here's How To Play The Dip)
Wednesday, October 14, 2015 - 2:44pm | 826Read More...Shares of Wal-Mart Stores, Inc. (NYSE: WMT) plummeted more than 9 percent Wednesday morning. Wal-Mart said it expects 2017 earnings per share to decline between six and 12 percent in fiscal 2017 and beyond. Wal-Street's top retail analysts were mixed following the announcement....
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Workers Push $15 Minimum Wage, Experts Respond
Thursday, July 23, 2015 - 3:48pm | 1092Read More...The nationwide push toward a $15 minimum wage marched forward on Wednesday. University of California President Janet Napolitano announced that the network of schools would raise its minimum wage for employees working at least 20 hours a week to $15 per hour by 2017. The UC school system employs...
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Bank Of America Just Met With Wal-Mart's Head Of Investor Relations; Here's What Happened
Tuesday, June 9, 2015 - 11:38am | 361Read More...In a report published Tuesday, Bank of America analyst Robert Ohmes detailed a meeting held with Wal-Mart Stores, Inc. (NYSE: WMT)'s Head of Global Investor Relations Carol Schumacher to discuss the company's associate and store investments, category performance, e-commerce growth and the...
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Plug Power Shares Jolted Higher Following Expansion Agreement With Wal-Mart Canada
Tuesday, June 2, 2015 - 8:33am | 321Read More...Shares of Plug Power Inc (NASDAQ: PLUG) spiked higher by more than 5 percent during Tuesday's pre-market session after the company announced an expansion of a previous agreement with Wal-Mart Stores, Inc. (NYSE: WMT)'s Canadian division, Wal-Mart Canada. Plug Power is a provider of...
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Here's What Happened When Wal-Mart Stopped Reporting Monthly Retail Sales
Wednesday, May 27, 2015 - 2:04pm | 482Read More...The struggling McDonalds Corporation (NYSE: MCD) announced this week that June will be the last month that the global restaurant leader will report monthly same-store sales (SSS) statistics. From July onward, McDonalds will only be reporting SSS on a quarterly basis. Déjà Vu? U....
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Big-Box Retailers Step Into The Spotlight For Earnings This Week
Sunday, May 17, 2015 - 11:07am | 909Read More...After last week's disappointing earnings from Macy's and Nordstrom, but positive surprises from J.C. Penney and Kohl's, the big guns in retail are poised to share their most recent quarterly results this week. Consensus estimates from Wall Street analysts call for year-on-year...
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Wal-Mart To Counter Amazon Prime With Its Own Delivery Service
Thursday, May 14, 2015 - 8:27am | 318Read More...The battle of the titans is set to heat up as Wal-Mart Stores, Inc. (NYSE: WMT) is preparing to introduce a new, unlimited shipping service to rival Amazon.com, Inc. (NASDAQ: AMZN)'s widely successful and fast growing Amazon Prime. Wal-Mart's new service will offer select customers on...
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Wal-Mart Continues Canadian Investment, Takes Over 12 Target Locations
Friday, May 8, 2015 - 10:13am | 302Read More...Target Corporation (NYSE: TGT)'s complete exit from its Canadian operations served as confirmation that its foray outside of the U.S. was not a successful one. Target expanded to Canada in 2013 and by January 2015 the company operated 133 locations across the country before Target Canada filed for...
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Morgan Stanley Sees 'Reasonable Goals' At Wal-Mart But Not Enough To 'Shape A Bull Case'
Thursday, April 2, 2015 - 9:18am | 240Read More...In a report published Thursday, Morgan Stanley analyst Simeon Gutman discussed a recent meeting with Wal-Mart Stores, Inc. (NYSE: WMT) management that "left a little to be desired." According to Gutman, expectations heading into the meeting were not high as he was hoping to learn greater detail...
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Earnings Expectations For The Week: Retailers On Parade
Monday, February 23, 2015 - 7:46am | 1073Read More...Wal-Mart Stores, Inc. (NYSE: WMT) kicked off retail earnings season last week, though its strong quarterly earnings were overshadowed by news of its wage hike. More big retailers take turns in the earnings spotlight this week, including Home Depot Inc (NYSE: HD), J C Penney Company Inc (NYSE:...
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ITG Investment Analyst Previews Wal-Mart's Earnings
Wednesday, February 18, 2015 - 3:04pm | 189Read More...ITG Investment Research Analyst John Tomlinson told Benzinga that he expects Wal-Mart Stores, Inc. (NYSE: WMT) to report a relatively in-line fourth quarter results on Thursday before market open. Tomlinson siad that overall, sales trends on the domestic side are expected to be in-line with a...
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SolarCity, Wal-Mart & Deere Highlight This Week's Top Earnings Reports
Sunday, February 15, 2015 - 3:12pm | 980Read More...Wal-Mart Stores, Inc. (NYSE: WMT) kicks off the latest round of earnings from the big retailers. Some big gold companies will also take their turns in the earnings spotlight this week. Analysts expect to see year-over-year earnings declines from both Wal-Mart and Barrick Gold Corporation (USA) (...
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Expert: Alibaba's Jack Ma Won't Pick A Fight With Jeff Bezos
Wednesday, January 28, 2015 - 4:21pm | 438Read More...If investors were expecting a big fight between Alibaba Group Holding Ltd (NYSE: BABA) founder Jack Ma and Amazon.com, Inc. (NASDAQ: AMZN) founder Jeff Bezos, they might be disappointed. Alibaba commands the Chinese online retail market with impressive results and a notable sales holiday, known...
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Brain Sozzi Saw 3 Retailers Making Deep Discounts On Super Saturday
Monday, December 22, 2014 - 5:21pm | 363Read More...Analyst Brian Sozzi commented on Monday that "Based on a walk-through of close to 30 stores in the New York area over the weekend, some of the companies that should be most concerned are" Coach Inc (NYSE: COH), Mattel, Inc. (NASDAQ: MAT) and Abercrombie & Fitch...
