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Stock Market & Financial Investment News

News Breaks
May 5, 2014
07:35 EDTEBIX, WMTEbix Risk Compliance Solutions unit signs contract with Wal-Mart Canada
Ebix (EBIX) announced that its Risk Compliance Solutions division, has signed a contract with Walmart Canada Corporation (WMT) to effectively monitor and track certificates of insurance for Walmart. The implementation of the contract is presently in process with the solution already having been put in production for Walmart a few days back.
News For EBIX;WMT From The Last 14 Days
Check below for free stories on EBIX;WMT the last two weeks.
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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 5, 2014
08:21 EDTWMTWal-Mart seeks lower rent, more control with China mall, China Daily says
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September 3, 2014
11:42 EDTWMTWal-Mart de Mexico scales back 2014 store expansion plans, WSJ says
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September 2, 2014
07:33 EDTEBIXEbix purchases new buildings in India
Ebix announced that it has completed the purchase of two new buildings in Noida, India, in the Export Processing Zone of the Govt. of India. The company paid for the purchase using its own cash reserves in June. The company also announced that it has received a 100 percent tax-exempt status for these new buildings, until 2019, under the Software Export Zone, or SEZ, Act of the Govt. of India, after which the company is entitled to a 50% tax-free status in India until 2024. With this new purchase, the company now has a total of 10 offices in India spread across Noida, Chennai, Coimbatore, Nagpur, Hyderabad and Bangalore. Ebix presently employs in excess of 1,200 employees in India. These buildings will facilitate the Company's near- and long-term growth and acquisition plans and the associated need for offshore development and BPO resources.

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