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Stock Market & Financial Investment News

News Breaks
February 13, 2013
07:29 EDTASNA, MAT, WMTTween-focused Justice makes dolls to compete against Barbie, WSJ reports
To compete against the iconic Barbie (MAT), toy makers are looking to tween-focused Justice, a retailer that's a part of Ascena Retail (ASNA), that focuses on girls between the ages of 7 and 12, to launch their newest fashion dolls. For a number of years, Justice has partnered with several doll makers as part of a broader strategy to add non-apparel items to its stores. The company mostly signs exclusive partnerships with outside brands, which also includes personal-care items, electronics and candy makers. Reference Link
News For ASNA;MAT;WMT From The Last 14 Days
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September 18, 2014
10:40 EDTWMTWal-Mart to hire 60K seasonal associates, 10% more than last year
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September 17, 2014
09:45 EDTWMTWal-Mart faces criticism for dismissing China workers, Bloomberg reports
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06:06 EDTWMTWal-Mart to pay $66,000 to settle false advertising investigation with NY AG
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September 16, 2014
13:52 EDTWMTWal-Mart finalizes Coca-Cola ad agreement in New York, Bloomberg says
New York attorney general Eric Schneiderman said that Wal-Mart (WMT) charged New York customers more for Coca-Cola (KO) products than stated in national circulars, going against inaccurate advertising regulations, according to Bloomberg, citing a statement from Schneiderman. The retailer will pay a $66K penalty to settle the matter. Reference Link
09:36 EDTWMTActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL NFLX TSLA YHOO FB PBR MU AA TWTR WMT
06:49 EDTWMTWal-Mart spokesman steps down due to resume fib, Bloomberg says
The Chief spokesman for Wal-Mart, David Tovar, stepped down after the retailer learned a nearly 20-year fabrication in his official resume, according to Bloomberg, citing a person familiar with the situation. Reference Link
05:50 EDTWMTWal-Mart, AutoInsurance.com announce national expansion
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September 15, 2014
09:59 EDTWMTOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American Realty (ARCP) initiated with an Overweight at JPMorgan... Athlon Energy (ATHL) initiated with a Buy at KLR Group... Capital Product (CPLP) initiated with a Buy at Jefferies... Continental Resources (CLR) initiated with a Buy at Canaccord... Costco (COST) initiated with a Buy at Citigroup... Infinera (INFN) initiated with an Outperform at Barrington... NRG Yield (NYLD) initiated with an Outperform at RBC Capital... PTC Therapeutics (PTCT) initiated with a Buy at Deutsche Bank... Power Solutions (PSIX) initiated with an Outperform at Northland... ServiceNow (NOW) initiated with an Outperform at William Blair... Target (TGT) initiated with a Neutral at Citigroup... Team (TISI) initiated with a Neutral at Sidoti... VeriFone (PAY) initiated with a Buy at Monness Crespi... Wal-Mart (WMT) initiated with a Neutral at Citigroup... Whiting Petroleum (WLL) initiated with a Buy at Canaccord... Winnebago (WGO) initiated with an Outperform at BMO Capital.
06:13 EDTWMTWal-Mart initiated with a Neutral at Citigroup
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September 12, 2014
05:51 EDTWMTStocks with implied volatility movement; XHB WMT
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September 11, 2014
12:52 EDTWMTWal-Mart to sell iPhones below suggested prices, Cnet reports
Wal-Mart will begin taking preorders for Apple's (AAPL) iPhone 6 and iPhone 6 Plus for $179 and $29 respectivelytomorrow, and customers who pre-order the iPhnoes will also receive a $15 e-gift card from Wal-Mart, Cnet reported last night. Apple had said it was selling the iPhones for $199 and $299. Reference Link
07:13 EDTWMTSome retailers wary of Apple Pay platform, Reuters says
Apple (AAPL) Pay's success is dependent on incorporating more large retailers such as Wal-Mart (WMT) and Best Buy (BBY) into the service, but both retailers recently ceased accepting payments using NFC terminals, according to Reuters, citing comments from Best Buy spokesman Jeff Shelman. Shelman said, "At this point we have no plans to accept Apple Pay." Reference Link
September 9, 2014
11:12 EDTASNAAscena Retail appoints LaPorte Chief Accounting Officer
Ascena Retail announced that Ernest LaPorte joined the company as senior vice president, Chief Accounting Officer. As CAO, LaPorte will oversee Ascena’s accounting, financial reporting and accounting shared service functions. For the last seven years, LaPorte held the position of senior vice president, Controller at Saks.

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