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Stock Market & Financial Investment News

News For MA;SKS;GPS;WMT;TGT From The Last 14 Days
Check below for free stories on MA;SKS;GPS;WMT;TGT the last two weeks.
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June 17, 2013
15:29 EDTWMTGoogle's Chromebook to be available in Wal-Mart, Staples
In addition to Best Buy (BBY) and Amazon.com (AMZN), Google (GOOG) announced that, starting today, Walmart (WMT) will be making the newest Acer Chromebook available in approximately 2,800 stores across the U.S. for $199. Beginning this weekend, Staples (SPLS) will bring a mix of Chromebooks from Acer, HP (HPQ) and Samsung (SSNLF) to each of its stores in the U.S., or more than 1,500 in total. Reference Link
June 15, 2013
17:46 EDTWMTWal-Mart appoints Cash as new presiding director, Reuters says
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June 14, 2013
10:25 EDTSKSSaks put volatility elevated as shares pull back from six-year high
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07:35 EDTTGTSears cuts two Canadian stores near Toronto, Globe and Mail reports
Sears Canada (SHLD) is selling leases of two of its high-profile stores back to their landlords for $191M plus options on a third store for $1M that could raise another $53M within five years, reports the Globe and Mail. The moves come as Sears races to revive its struggling business amid intensifying competition in Canada and the arrival of Target (TGT), which started to open its first stores here in March, and Nordstrom (JWN), which launches in Canada next year.Reference Link
07:21 EDTWMT, TGTClinton Global Initiative to host to host a meeting
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June 13, 2013
09:30 EDTTGT, WMTClinton Global Initiative to host to host a meeting
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08:41 EDTMAMasterCard estimates raised at Buckingham
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06:34 EDTMAEU regulatorsput Visa Europe's antitrust concessions to rivals, Reuters says
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05:48 EDTWMTWal-Mart increases hiring but uses temps, Reuters reports
In recent months, Wal-Mart Stores has been only hiring temporary workers at many of its U.S. stores, the first time the major retailer has done so outside of the holiday shopping season, reports Reuters.Reference Link
June 12, 2013
17:12 EDTTGTTarget shareholders do not approve proposal for independent chairman
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16:54 EDTWMTH&R Block not renewing relationship with Wal-Mart
On its Q4 earnings call H&R Block (HRB) stated that it was not renewing its relationship with Wal-Mart (WMT), saying it was an economic and operational decision. Results in this channel did not meet the company's expectations and H&R Block is confident that it can serve its clients better in its other 10,000 plus neighborhood locations. H&R Block does not expect its decision to exit Walmart locations to have a material impact on results going forward.
13:00 EDTTGTTarget boosts dividend 19.4% to 43c per share
The board of directors of Target has declared a quarterly dividend of 43c per common share, representing a 19.4% increase from the prior quarterly dividend of 36c. The dividend is payable September 10 to shareholders of record at the close of business August 21.
07:22 EDTGPSPiper Jaffray to host a conference
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June 11, 2013
07:27 EDTMACommercial Payments International to host a conference
EMEA Middle Market Conference 2013 is being held in London, England on June 11.
June 10, 2013
16:31 EDTSKSSoutheastern reports 11.4% passive stake in Saks
10:52 EDTWMTGreen Dot rises after taking over Wal-Mart prepaid cards from GE
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08:52 EDTWMTGreen Dot to acquire GE Bank prepaid cards with 'Walmart' branding
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08:47 EDTWMTGreen Dot to acquire GE Bank 'Walmart' marked prepaid cards
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07:11 EDTMANational Investor Relations Institute to host conference
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June 7, 2013
16:26 EDTWMTOn The Fly: Closing Wrap
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14:26 EDTWMTWal-Mart says e-commerce growth has begun to accelerate
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14:13 EDTWMTWal-Mart says aims for SSS growth in all markets
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13:57 EDTSKSSaks volatility increases as share pullback from six-year high
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11:47 EDTWMTWal-Mart CEO expects to generate $10B in global e-commerce sales
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09:38 EDTWMTWal-Mart moves higher on share buyback plan, levels to watch
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09:30 EDTWMTWal-Mart approves new $15B share repurchase program
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09:28 EDTWMTWal-Mart approves new $15B share repurchase program
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08:23 EDTWMTWal-Mart to host a management update
President & CEO Duke provides a management update for the investment community, including a Q&A session, in a webcast being held on June 7 at 1:45 pm. Webcast Link
07:08 EDTWMTWal-Mart volatility flat into update to investment community
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06:47 EDTWMTDissatisfied Wal-Mart investors to sound off at meeting, NY Times says
Several groups of Wal-Mart shareholders believe that the company has not taken enough action to reform itself in the wake of a bribery scandal in Mexico, according to The New York Times. The dissatisfied investors plan to make largely symbolic proposals at the company's annual shareholder meeting today, the newspaper stated. Reference Link
June 6, 2013
19:00 EDTGPSOn The Fly: After Hours Movers
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16:01 EDTGPSGap reports May sales $1.22B, May SSS up 7%
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10:01 EDTSKSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Cadence (CADX) initiated with a Neutral at Piper Jaffray... Costco (COST) initiated with a Buy at Sterne Agee... Dollar General (DG) initiated with a Neutral at Sterne Agee... Dollar Tree (DLTR) initiated with a Buy at Sterne Agee... Emeritus (ESC) initiated with a Neutral at Goldman... Enbridge (ENB) initiated with an Outperform at Macquarie... ExOne (XONE) initiated with a Buy at Canaccord... Family Dollar (FDO) initiated with a Neutral at Sterne Agee... Five Below (FIVE) initiated with a Neutral at Sterne Agee... Haemonetics (HAE) initiated with an Outperform at JMP Securities... ING Group (ING) initiated with a Buy at Jefferies... J.C. Penney (JCP) initiated with a Buy at Sterne Agee... Kohl's (KSS) initiated with a Neutral at Sterne Agee... Macy's (M) initiated with a Buy at Sterne Agee... Nordstrom (JWN) initiated with a Buy at Sterne Agee... Saks (SKS) initiated with a Neutral at Sterne Agee... Signature Bank (SBNY) initiated with an Overweight at Morgan Stanley... The Fresh Market (TFM) initiated with a Buy at Sterne Agee... The Medicines Co. (MDCO) initiated with an Overweight at Piper Jaffray... Vitamin Shoppe (VSI) initiated with a Buy at Sterne Agee... Whole Foods (WFM) initiated with a Buy at Sterne Agee... SkyWest (SKYW) initiated with an In-Line at Imperial Capital... W&T Offshore (WTI) initiated with a Buy at SunTrust... Canadian Natural (CNQ) initiated with an Accumulate at Global Hunter... Cenovus Energy (CVE) initiated with a Buy at Global Hunter... Suncor (SU) initiated with a Buy at Global Hunter... Freeport McMoRan (FCX) coverage resumed with a Buy at Jefferies.
06:15 EDTSKSSaks initiated with a Neutral at Sterne Agee
Target $13.
June 5, 2013
09:11 EDTGPSBofA/Merrill's retail analysts hold an analyst/industry conference call
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