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Stock Market & Financial Investment News

News Breaks
March 13, 2014
08:45 EDTCL, CL, GPC, GPC, LF, LF, TFM, TFM, WMT, WMT, JACK, JACK, LOW, LOW, BSET, BSET, UNFI, UNFI, URBN, URBN, CALM, CALMUBS to hold a conference
Global Consumer Conference is being held in Boston on March 12-13 with webcasted company presentations to begin on March 13 at 8:50 am; not all company presentations may be webcasted. Webcast Link
News For CL;URBN;UNFI;BSET;LOW;JACK;WMT;TFM;LF;GPC;CALM From The Last 14 Days
Check below for free stories on CL;URBN;UNFI;BSET;LOW;JACK;WMT;TFM;LF;GPC;CALM the last two weeks.
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July 28, 2014
11:39 EDTWMTWells says potential for competing Family Dollar bid an unknown
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09:31 EDTCALMCal-Maine Foods downgraded to Neutral from Buy at Sidoti
Sidoti downgraded Cal-Maine Foods due to valuation. Price target is $87.
06:34 EDTCALMCal-Maine Foods is 'cautiously optimistic' about good start to FY15
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06:34 EDTCALMCal-Maine Foods reports Q4 total dozens eggs produced 195.63M
Reports Q4 total dozens eggs sold 249.44M
06:33 EDTCALMCal-Maine Foods reports Q4 EPS $1.30, consensus $1.15
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July 27, 2014
08:58 EDTWMTWal-Mart doesn't look cheap, Barron's says
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July 25, 2014
16:01 EDTCALMCal-Maine Foods announces new JV for specialty egg sales in Arizona
Cal-Maine Foods announced the company has entered into a new joint venture for specialty egg sales with Hickmanís Egg Ranch. Based in Buckeye, Arizona, a suburb of Phoenix in western Maricopa County, Hickmanís Egg Ranch has been family-owned and operated since 1944. With processing operations located in Arizona, Colorado and California, and capacity for approximately 6M laying hens, Hickmanís Egg Ranch ranks among the top twenty family egg farms in the United States. Pursuant to this transaction, the new joint venture, known as Southwest Specialty Eggs, will acquire the Egg-Landís Best, franchise for the state of Arizona with exclusive licensing agreements for the sale of Egg-Landís Best and Land Oí Lakes branded specialty eggs and other premium brands. Sales of Egg-Landís Best specialty eggs accounted for approximately 14.3% of Cal-Maineís total shell egg sales in fiscal 2013.
July 24, 2014
11:32 EDTWMTWal-Mart U.S. CEO change not likely due to current trends, says RW Baird
RW Baird believes the departure of Bill Simon from his post as CEO of Wal-Mart U.S. has more to do with the executive's long-term career planning than with current trends, which the firm believes remain sluggish. Baird keeps its Outperform rating and $84 price target on Wal-Mart.
08:38 EDTWMTWal-Mart volatility at historic low into Foran succeeding Simon as U.S. CEO
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08:31 EDTWMTWal-Mart names Greg Foran as president and CEO of Walmart U.S.
Walmart announced that Greg Foran has been promoted to President and CEO of Walmart U.S. Foran succeeds Bill Simon who has been in the role since June 2010 and will be transitioning out of the company. Foran will assume his responsibilities on August 9 and will report directly to Walmart President and CEO, Doug McMillon. Simon will be available on a consulting basis for the next six months to ensure a seamless transition.
06:56 EDTWMTCourt rules Wal-Mart to show bribery probe documents, Reuters says
The Delaware Supreme Court ruled that Wal-Mart Stores must show a shareholder documentation that has to do with the firm's internal investigation of allegations it paid bribes in Mexico, according to Reuters, citing comments from a company spokeswoman. Reference Link
July 22, 2014
06:55 EDTWMTWal-Mart reduces prices more intensly for back-to-school, Bloomberg says
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July 21, 2014
11:34 EDTGPCGenuine Parts raises FY14 EPS view to $4.54-$4.60 from $4.49-$4.59
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10:19 EDTLFHasbro tumbles after lower games performance weighs on sales
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08:58 EDTGPCGenuine Parts CEO says company optimistic about growth prospects
Thomas C. Gallagher, chairman and CEO stated, "Looking ahead, we enter the second half of 2014 poised to demonstrate ongoing progress in driving improved results. We remain optimistic about our prospects for growth in each of our four businesses."
08:56 EDTGPCGenuine Parts reports Q2 comparative earnings up 9%
Thomas C. Gallagher, chairman and CEO stated, "We are pleased to report record sales as well as a solid 9% comparative earnings increase. Our 6% total sales increase includes 5% underlying sales growth and a 2.5% contribution from acquisitions offset by a currency headwind of approximately 1%. Our progress in the quarter was also supported by sales growth in all four of our business segments, with sales for the Automotive Group up 5% including 7% underlying growth offset by a 2% currency headwind. Sales at Motion Industries, our Industrial Group, were up 7% including 4% underlying growth and 3% from acquisitions. Sales at EIS, our Electrical/Electronic Group, increased by 32% due to acquisitions. Sales for S. P. Richards, our Office Products Group, were up 4% and includes 2% underlying growth along with 2% from acquisitions."
08:54 EDTGPCGenuine Parts reports Q2 EPS $1.28, consensus $1.26
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06:42 EDTWMTWal-Mart adds over $102M to Indian wholesale unit, Reuters says
Wal-Mart added fresh funds worth $102.9M into its Indian wholesale division last month, according to Reuters, citing a filing made by its Indian business to the Registrar of Companies. The filing detailed that the funds were allotted as share application money. Reference Link
July 18, 2014
16:17 EDTUNFIUnited Natural Foods files to sell 111,887 shares of common stock for holders
10:03 EDTJACKOn The Fly: Analyst Initiation Summary
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