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Stock Market & Financial Investment News

News Breaks
February 27, 2013
14:46 EDTWMT, KIMKimco Realty gets SEC subpoena, notice from DOJ related to Wal-Mart probe
Kimco Realty (KIM) disclosed in a regulatory filing that on January 28 the company received a subpoena from the Enforcement Division of the SEC in connection with an investigation, In the Matter of Wal-Mart Stores (WMT), that the SEC Staff is currently conducting with respect to possible violations of the Foreign Corrupt Practices Act. Kimco said it is responding to the subpoena and intends to cooperate fully with the SEC in this matter. Kimco said it has also been notified that the U.S. Department of Justice is conducting a parallel investigation, and added it expects that it will cooperate with the DOJ investigation. Kimco noted, "At this point, we are unable to predict the duration, scope or result of the SEC or DOJ investigation."
News For KIM;WMT From The Last 14 Days
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February 4, 2016
06:14 EDTWMTWalmart sues Puerto Rico over tax increase, NY Times says
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February 3, 2016
20:02 EDTWMTWal-Mart to build own gas stations going forward, WSJ says
Wal-Mart (WMT) plans to build and operate its own gas stations going forward, though Murphy USA (MUSA) will continue the operate the 1,000-plus stations it has already built near Wal-Mart locations, reports the Wall Street Journal. A Wal-Mart spokesperson told the publication that, when building new stores, the company will add its own gas stations "to as many as possible." Reference Link
February 2, 2016
16:10 EDTKIMKimco Realty sees FY16 adjusted FFO $1.48-$1.52, consensus $1.56
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16:09 EDTKIMKimco Realty reports Q4 adjusted FFO 37c, consensus 35c
Reports Q4 revenue $300.9M, consensus $286.56M.
February 1, 2016
08:08 EDTWMTMoneyGram, Wal-Mart announce new three-year agreement
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January 29, 2016
06:51 EDTWMTJury says Wal-Mart must by pharmacist $31.22M in gender bias case, Reuters says
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