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Stock Market & Financial Investment News

News Breaks
February 3, 2014
08:54 EDTWMT, TGT, BBBY, GMCRSales of Green Mountain Keurig strong through January, says Longbow
Longbow reports that sales of Green Mountain's (GMCR) Keurig brewer rose year-over-year over the last several weeks at Wal-Mart (WMT), Target (TGT), and Bed, Bath & Beyond (BBBY), despite difficult comparisons. The firm adds that demand for K-Cup coffee pods was up by double digit percentage levels at almost all the retailers it surveyed. Longbow reports that K-Cup pricing was "largely stable" for Green Mountain's owned and licensed K-Cups recently. It keeps a $94 price target and Buy rating on the shares.
News For GMCR;TGT;WMT;BBBY From The Last 14 Days
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October 29, 2014
11:48 EDTWMTCurrentC mobile payment system endures breach, Business Insider says
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10:17 EDTGMCRGreen Mountain Coffee calls active
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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
10:32 EDTTGTVeriFone rises after Barron's says Apple Pay positive for company
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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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08:12 EDTGMCRKeurig Green Mountain now exclusive manufacturer of Meijer Brand-K-Cup
Keurig Green Mountain announced that it is now the exclusive manufacturer of Meijer Brand K-Cup packs for the Keurig hot brewing system. Financial terms of the agreement were not disclosed. The new Meijer Brand K-Cup packs are now available exclusively at Meijer stores.
06:10 EDTTGTTarget's Canadian unit experimenting with overstocking, Globe and Mail reports
As part of its turnaround effort, Target Canada is experimenting with overstocking items at its premier locations and retraining employees to create a service culture, the Globe and Mail reports. Reference Link
October 22, 2014
12:42 EDTTGTTarget free shipping impact already in guidance, says Wells Fargo
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09:50 EDTWMT, TGTCredit Suisse to hold a field trip
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07:06 EDTBBBYBed Bath & Beyond management to meet with Deutsche Bank
Field trip to company headquarters to be held in Union, NJ on October 22 hosted by Deutsche Bank.
05:50 EDTTGTTarget announces partnership with STORY
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05:49 EDTTGTTarget announces plans for holiday shopping season
Target announced new initiatives for the holiday season centered on products, value and guest-friendly services; including new and enhanced digital tools and free shipping on all Target.com orders now through Dec. 20. With conversion on Targetís digital channels up 40% this year, guests are turning to Target.com for more of their shopping. To make it even easier for guests, for the first time, Target will offer free shipping on all Target.com orders for the holidays, now through Dec. 20. Additionally, more than 65,000 items are now available for Store Pickup on Target.com and 80% of orders are fulfilled within one hour, making it a convenient option for busy shoppers through Christmas Eve. Target will launch a Wish List app beginning Oct. 31; a modern and digital take on the classic tradition of creating holiday wish lists for parents and kids. Cartwheel will offer daily deals for its more than 10M users, and from Nov. 2-Dec. 24, Cartwheel will offer 50% off a different toy every day. The app will have new features for the holidays, including special deals for top users, personalized recommendations and a select number of popular offers that do not expire. For the third year, Target is extending the timeframe of its Price Match Policy for the holiday season beyond the typical seven day window.
October 21, 2014
06:22 EDTTGTStaples may be latest retailer to be hacked, Krebs reports
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October 20, 2014
07:42 EDTWMTWal-Mart de Mexico reports Q3 net income 4.87B pesos vs. 5.12B pesos last year
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