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Stock Market & Financial Investment News

News Breaks
January 4, 2013
09:27 EDTWMT, BBYBest Buy says Wal-Mart Promotions had measurable effect on profits, WSJ says
Due to a price-match guarantee that requires the retailer to match the price of competitor's ads, Best Buy (BBY) said it lost about $65,000 in profit the day Wal-Mart (WMT) announced the promotion. Best Buy felt compelled to match Wal-Mart's advertised $150 price for the iPhone 5 even though it concluded Wal-Mart did not have enough iPhones available. Reference Link
News For BBY;WMT From The Last 14 Days
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February 4, 2016
06:14 EDTWMTWalmart sues Puerto Rico over tax increase, NY Times says
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February 3, 2016
20:02 EDTWMTWal-Mart to build own gas stations going forward, WSJ says
Wal-Mart (WMT) plans to build and operate its own gas stations going forward, though Murphy USA (MUSA) will continue the operate the 1,000-plus stations it has already built near Wal-Mart locations, reports the Wall Street Journal. A Wal-Mart spokesperson told the publication that, when building new stores, the company will add its own gas stations "to as many as possible." Reference Link
February 1, 2016
08:08 EDTWMTMoneyGram, Wal-Mart announce new three-year agreement
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January 29, 2016
06:51 EDTWMTJury says Wal-Mart must by pharmacist $31.22M in gender bias case, Reuters says
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January 26, 2016
12:12 EDTBBYJP Morgan reports 8.1% passive stake in Best Buy
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January 25, 2016
16:49 EDTWMTMurphy USA announces $500M share buyback, shift in Walmart relationship
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