New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 5, 2013
11:08 EDTBP, CVX, AEP, XOM, WMT, RDS.AMajor companies preparing for carbon tax, NY Times says
More than two dozen of the nationís biggest corporations, including the five major oil companies, anticipate that the government will eventually put a price on carbon pollution, according to The New York Times, which cited a study by the environmental data company CDP. Besides the major oil companies, Wal-Mart (WMT) and American Electric Power (AEP) are among the companies preparing for a carbon tax, the newspaper stated. Reference Link
News For A;XOM;BP;WMT;AEP From The Last 14 Days
Check below for free stories on A;XOM;BP;WMT;AEP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 14, 2014
05:54 EDTBPBP upgraded to Buy from Hold at Canaccord
Subscribe for More Information
April 11, 2014
08:11 EDTBPBP says can help improve relations between west, Russia, Reuters says
In an effort to calm shareholders' worries over the company's large exposure to Russia, BP executives said it can help improve relations between Russia and the west and is talking to politicians all over the globe, according to Reuters, citing comments from CEO Bob Dudley. Reference Link
07:09 EDTWMTLi & Fung collaborates with Citigroup on brand unit spinoff, Bloomberg says
Li & Fung (LFUGF)) is said to be collaborating with Citigroup (C) to spin off its brands division, which is valued at nearly $2B, according to Bloomberg, citing people with knowledge of the matter. The company's brand unit sells clothing and toys to retailers such as Wal-Mart (WMT) and Kohl's (KSS). Reference Link
April 10, 2014
16:00 EDTAOptions Update; April 10, 2014
Subscribe for More Information
13:14 EDTWMTFamily Dollar slides after holiday disappointment prompts store closures
Shares of discount retailer Family Dollar (FDO) are falling after the company reported second quarter earnings per share and revenue that fell below expectations, along with third quarter and FY14 projections that are lower than analysts' consensus. WHAT'S NEW: This morning, Family Dollar reported second quarter earnings per share of 80c, which fell below analysts consensus of 90c. The company reported second quarter revenue of $2.72B, while analysts projected $2.77B. Family Dollar, which reported that its second quarter same-store-sales decreased by 3.8%, said the holiday season was challenged by "a more promotional competitive environment and a more financially constrained consumer" and that its results were also significantly impacted by severe winter weather like many retailers. The company expects third quarter earnings per share excluding-items to be 85c-95c, while analysts project a 98c consensus. Family Dollar said that it sees FY14 earnings per share excluding items to be $3.05-$3.25, which is at the lower end of analysts' estimations. Family Dollar noted that it expects to close nearly 370 underperforming stores in the second half of FY14 and slow new store growth beginning in FY15. WHAT'S NOTABLE: During Family Dollar's earnings conference call, the company said that it plans to slow square footage growth in the beginning of FY14 and said that it recently cut about 10% of its corporate workforce. ANALYST OPINION: Wells Fargo analyst Matt Nemer said Family Dollar's third quarter negative comp guidance and commentary about a challenging macro environment could pressure its own shares as well as those of its peers Dollar General (DG) and Dollar Tree (DLTR). However, Family Dollar's store closures combined with a decrease in future store growth could ultimately have positive implications for its competitors, Nemer added. On March 4, Credit Suisse said Family Dollar's underperformance compared to Dollar General and significant earnings possibilities gives the rationale for a potential merger of the two. On February 19, Credit Suisse analyst Michael Exstein suggested that Wal-Mart (WMT) should consider acquiring Family Dollar as a way to "jumpstart" its small store effort. CNBC's David Faber reported the same morning that Exstein published his note that Family Dollar was not holding any talks about selling itself at that time. PRICE ACTION: During afternoon trading, shares of Family Dollar decreased $1.54, or 2.61%, to $57.53, Dollar Tree dropped 2.5%, and Dollar General fell about 1.5%.
07:27 EDTAEPSenate Energy & Natural Resources Committee to hold a hearing
Subscribe for More Information
06:13 EDTWMTWal-Mart to carry Wild Oats organic food items
Subscribe for More Information
April 9, 2014
10:06 EDTXOMOn The Fly: Analyst Initiation Summary
Subscribe for More Information
09:10 EDTWMTWal-Mart to purcahse energy-efficient LED ceiling lighting fixtures from GE
Subscribe for More Information
April 8, 2014
17:43 EDTXOMExxon Mobil initiated with a Hold at Jefferies
Subscribe for More Information
06:17 EDTWMTWal-Mart to expand in India, add e-commerce, wholesale stores, WSJ reports
Subscribe for More Information
April 4, 2014
08:02 EDTWMTSam's Club extends contract for branded credit card program with GE Capital
Samís Club, a division of Wal-Mart Stores (WMT), has finalized a multi-year agreement with GE Capital Retail Bank (GE) to extend their existing relationship to provide Samís Club-branded credit cards to club members in the U.S. and Puerto Rico. As part of the extension, GE Capitalís Retail Finance business will continue to manage and service the credit card programs for Samís Club Savings, Business and Plus members. Under the agreement, the Samís Club co-branded credit card programs will be converted to MasterCard (MA) later this year. Walmart has also extended their relationship with GE Capital Retail Bank and branded cards will transition to MasterCard later this year.
April 3, 2014
10:00 EDTBP, XOMOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:43 EDTBPBP initiated with a Market Perform at BMO Capital
08:28 EDTWMTChecks indicate GameStop won't be threatened by Wal-Mart, says BB&T
Subscribe for More Information
06:39 EDTXOMExxon Mobil initiated with an Underperform at BMO Capital
Subscribe for More Information
April 2, 2014
16:13 EDTXOMExxon Mobil initiated with an Outperform at Cowen
Target $111.
16:11 EDTBPBP initiated with a Market Perform at Cowen
Target $52.
07:38 EDTWMTGameStop can withstand Wal-Mart challenge, says Oppenheimer
After Wal-Mart (WMT) said it would start selling used video games, Oppenheimer thinks that concerns about the impact of the move on GameStop (GME) are overblown. The firm believes that Wal-Mart's better trade-in prices are unlikely to undermine the superior service and experience of GameStop stores. It keeps an Outperform rating on GameStop.
06:24 EDTBPBP says Bulwer Island refinery processing to halt in 2015
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use