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Stock Market & Financial Investment News

News Breaks
March 13, 2014
07:10 EDTLCUT, WMTLifetime Brands sees acquisitions to increase net income, EPS in FY14
Lifetime Brands (LCUT) said, "For FY14, we believe that an improving U.S. economy, together with a significant number of major new product initiatives, should provide for further growth in our kitchenware business. This month, we will introduce a large number of new products and ten new brands at The International Home Plus Housewares Show. In Europe, net sales of Creative Tops increased in the fourth quarter of FY13 over the same period in FY12, and we foresee continued improvement in FY14. In Asia, Lifetime has received a trading license in China and will become a supplier of kitchenware products to Wal-Mart (WMT) stores in China, beginning in 2H14. Our Partner Companies in Brazil, Canada and Mexico are well-positioned to improve their performance over the prior year. Lifetime QM will be fully implemented by mid-year and its impact should begin to be reflected in our financial results in 2H14. Lifetime’s growth in FY14 also should benefit from three acquisitions that we completed early in FY14. We believe our acquisitions have the potential to add approximately $100M in net sales and significantly to increase the company’s net income and EPS in FY14."
News For LCUT;WMT From The Last 14 Days
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August 29, 2014
08:07 EDTWMTWal-Mart challenges Alibaba with additions to online site in China, WSJ says
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August 25, 2014
13:47 EDTWMTWal-Mart launching chip-enabled store-brand MasterCard
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August 24, 2014
21:53 EDTWMTNational Association of Chain Drug Stores to hold an expo
2014 NACDS Total Store Expo to be held in Boston on August 23-25.
August 21, 2014
13:23 EDTWMTWal-Mart cut iPhone prices, Washington Post says
Wal-Mart (WMT) today began selling Apple's (AAPL) iPhone 5s for $79, and cut the price of the iPhone 5c to just 97c, according to The Washington Post. The devices previously cost $99 and $29 respectively at Wal-Mart, the newspaper stated. Reference Link
10:34 EDTWMTOptions Update; August 21, 2014
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09:37 EDTWMTActive equity options trading on open
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August 20, 2014
08:30 EDTWMTWal-Mart management to meet with MKM Partners
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August 18, 2014
18:13 EDTWMTWal-Mart not likely to bid for Family Dollar, Bloomberg reports
According to people familiar with the situation, Wal-Mart Stores (WMT) is unlikely to make an offer for Family Dollar Stores (FDO), Bloomberg reports. Reference Link
08:47 EDTWMTDollar General says would slow store opening growth in Family Dollar deal
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August 15, 2014
17:02 EDTWMTStocks end week slightly higher despite flare-up in Russian tensions
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