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Stock Market & Financial Investment News

News Breaks
March 18, 2014
09:15 EDTWMT, GMEWal-Mart news 'latest worry' for GameStop investors, says Oppenheimer
Oppenheimer views Wal-Mart's (WMT) entrance into the used video game marketplace as the "latest worry" for investors of GameStop (GME). The firm expects the news to be an overhang on shares of GameStop in the near-term, but it keeps an Outperform rating on the name. Opco believes GameStop has a "significant leg up" on any new entrant into the used video game market and that the company is likely to buy its own shares amid the stock sell-off.
News For GME;WMT From The Last 14 Days
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January 21, 2015
13:38 EDTWMTEarnings Preview: eBay shares rise over 5.5% since last earnings report
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10:47 EDTGMEOptions with decreasing implied volatility
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10:01 EDTWMTOn The Fly: Analyst Downgrade Summary
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06:52 EDTWMTWal-Mart downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley downgraded Wal-Mart to Equal Weight citing balanced risk/reward and lack of margin growth due to potential re-investments.
January 20, 2015
13:01 EDTWMTWal-Mart launches cash pickup option for tax refunds
As Americans begin to file their tax returns, Walmart (WMT) announced the launch of a first-of-its-kind service that allows consumers to “skip the check” and pick up their tax refunds in cash. Walmart Direct2Cash is available nationwide starting today and will help customers save time and money when compared to traditional tax refund options. Walmart is working with Tax Products Group, a Green Dot Company (GDOT), and Republic Bank & Trust Company, member FDIC, two providers of tax-related financial products and services, to provide Walmart Direct2Cash as an option to millions of customers. The more than 25,000 tax preparation locations using software with the Walmart Direct2Cash option may provide this service for no additional fee or charge a maximum of $7 at the time of filing. Walmart does not charge customers a fee when refunds are claimed in a store.
10:20 EDTGMEOptions with decreasing implied volatility
Options with decreasing implied volatility: RPRX TLM BBY GME CBST NPSP
09:44 EDTWMTSupreme Court denies appeal of 'swipe fee' ruling, Reuters reports
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