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Stock Market & Financial Investment News

News Breaks
June 10, 2014
07:10 EDTWMT, FIVEFive 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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July 28, 2015
18:08 EDTWMTWal-Mart warns suppliers to comply with labeling laws, WSJ reports
Last week, Wal-Mart sent a memo to hundreds of suppliers warning them to comply with labeling laws, noting that the amount inside a package should match what is printed on the outside, the Wall Street Journal reports. Reference Link
14:55 EDTWMTEarnings Watch: MasterCard reports after peers warn of currency headwinds
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July 24, 2015
06:37 EDTWMTWal-Mart increases offerings in baby category
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July 23, 2015
19:24 EDTWMTWal-Mart's Apple Pay competitor launching soon, Bloomberg says
CurrentC, the mobile payment application funded by Wal-Mart (WMT), Target (TGT), Best Buy (BBY) and others, will see an early trial run next month, Bloomberg reported earlier, citing three people familiar with the situation. A spokesperson for Lowe's (LOW) said the consortium behind the app expects an official launch in Q3, and Bloomberg noted that CurrentC will compete with more "established" offerings such as Apple's (AAPL) Apple Pay and Google's (GOOG) Android Pay. Reference Link
05:08 EDTWMTWal-Mart acquires remaining shares of Yihaodian
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July 22, 2015
13:25 EDTWMTWal-Mart to end overnight hours at certain stores, Bloomberg reports
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08:38 EDTWMTNRF cuts 2015 retail sales growth forecast to 3.5% from 4.1%
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July 20, 2015
13:46 EDTWMTAmazon seen eclipsing Macy's as top U.S. clothing retailer
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