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Stock Market & Financial Investment News

News Breaks
June 10, 2014
07:10 EDTFIVE, WMTFive Below appoints Specter Chief Administrative Officer
Five Below (FIVE) announced two senior executive hires to help drive the continued expansion of the brand. Joel Anderson has been named president, bringing more than 20 years of experience in the retail sector, most recently as president and CEO of Walmart.com, the multi-billion dollar U.S. dotcom business unit of Wal-Mart (WMT). Eric Specter has been named Chief Administrative Officer and will oversee supply chain operations, information technology and real estate. Eric brings more than three decades of experience in the retail industry, most recently as executive vice president and Chief Integration Officer for Ascena Retail Group as well as Acting President of Catherines. Both Anderson and Specter will join Five Below in July.
News For FIVE;WMT From The Last 14 Days
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October 30, 2014
08:54 EDTWMTWal-Mart considers matching online prices from Amazon for holidays, WSJ says
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06:28 EDTWMTMajor merchant group could accept NFC technology, NY Times says
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06:04 EDTWMTMCX says unauthorized parties obtained email addresses of CurrentC participants
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October 29, 2014
11:48 EDTWMTCurrentC mobile payment system endures breach, Business Insider says
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07:53 EDTWMTMCX member stores block Apple Pay amid threat of fines, NY Times says
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October 28, 2014
11:44 EDTWMTGameStop weakness on Wal-Mart news a buying opportunity, says Piper Jaffray
Piper Jaffray believes the impact of Wal-Mart (WMT) on GameStop's (GME) used business will be immaterial and views today's pullback as a buying opportunity. Piper notes that the entrance of Wal-Mart into any market should not be taken lightly, but other retailers have tried and failed before to enter the used game business and that Wal-Mart's entry actually refutes the bear thesis on GameStop that the used game business is not attractive. The firm maintains its Overweight rating and $53 price target on GameStop.
10:27 EDTWMTGameStop retreats after Wal-Mart begins selling used video games
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09:08 EDTWMTWal-Mart says 1,700 stores selling pre-owned video games
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06:56 EDTWMTWal-Mart rejecting Apple Pay for consumer 'best interests', Business Insider say
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06:38 EDTWMTApple says Apple Pay in 220,000 locations already, Business Insider reports
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October 27, 2014
07:15 EDTFIVEFive Below shares look attractive into holiday, says Wells Fargo
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07:15 EDTWMTWal-Mart, Best Buy among companies rejecting Apple Pay, Business Insider says
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October 23, 2014
13:40 EDTWMTWal-Mart's Sam's Club offering services to small businesses
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October 22, 2014
09:50 EDTWMTCredit Suisse to hold a field trip
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October 20, 2014
14:22 EDTFIVEFive Below management to meet with BB&T
Meeting to be held in Philadelphia on October 23 hosted by BB&T.
07:42 EDTWMTWal-Mart de Mexico reports Q3 net income 4.87B pesos vs. 5.12B pesos last year
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October 17, 2014
16:55 EDTWMTStocks end volatile week lower amid oil price plunge
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10:23 EDTWMTWal-Mart volatile in mixed trading as it nears 52-week lows
The shares have been trading in a dollar range, but with multiple sweeps higher and lower this morning as price nears the 52-week low at $72.27. At the current price of $73.74, next support is at $73.03, the session low. Resistance is at $74.18, the high of the day.
10:00 EDTFIVEOn The Fly: Analyst Initiation Summary
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08:11 EDTFIVEFive Below initiated with a Hold at Stifel
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