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Stock Market & Financial Investment News

News For MHP;APO;WMT;TGT;M;FB;YHOO;ANAD;HOGS;ARO;DWA From The Last 14 Days
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October 15, 2014
09:16 EDTWMTWal-Mart CEO outlines growth strategy at annual meeting
President and CEO Doug McMillon said "Customers make their shopping decisions based on four key dimensions – price assortment, experience and access. What we can offer them, and how we compete across those dimensions, is changing... We have tens of millions of customers visiting us weekly online and through our mobile apps looking for information, product options and then buying merchandise from us in stores and online. We’re known for assortment and we will be in the future.” Discussing price and experience, McMillon went on to say, “At Walmart, we serve value-conscious customers that come from all walks of life and all income levels. Price matters to our customers and it always will. As a company, being a low cost operator is in our DNA. This will never change and we will be the price leader, across a broad assortment, everywhere we operate." McMillon continued, “To capture the upside of our strategic advantages, we need to develop a more seamless relationship with our customers. We won't just be a store on the street." McMillon outlined what the company is doing to win now, noting that improving the company’s short-term performance is a priority across all of Walmart’s segments and markets. “Our supercenters in the U.S. should be delivering positive comps consistently. Our combination of pricing, in stock, service levels and merchant skills will generate improved performance in our supercenters. Our Neighborhood Markets continue to be a bright spot in terms of comp sales.” McMillon highlighted three key points that will drive the business going forward: “First, we're going to position ourselves to do a better job serving customers. We can create a next generation customer proposition through the combination of what we do with price, assortment, access and experience. We will save them money and time. Second, our priority is growth. Driving demand is the only sustainable way to deliver returns over time. Finally, we’ll manage capital in a disciplined, thoughtful manner.”
09:14 EDTWMTWal-Mart CEO: We've recognized situation has changed, will respond accordingly
The company expects to continue investing in supply chain to support e-commerce with real momentum there. CEO Doug McMillon says "We will win in the new era of retail." and adds that "driving demand is the only sustainable way to deliver results." Notes once again that the company will manage capital in disciplined, thoughtful manner.
09:09 EDTWMTWal-Mart expects to change capital allocation plans, short term pressure
CEO Doug McMillon said the company will invest less in stores and more in e-commerce. He adds that the company is in a "period of transformation." He said the company took leverage a bit too far, and improving short term performance is a priority for the company's business segments. McMillon said the company has room to improve in stock and at checkout. He says the changes won't happen overnight. Notes that low fuel prices are in the company's favor although healthcare is a headwind. Says the successor of competitors shows it has no excuse to not improve.
09:05 EDTWMTWal-Mart CEO: Future looks bright with the necessary changes
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07:20 EDTFBFacebook likely to beat Q3 expectations, says Oppenheimer
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07:11 EDTFBFacebook should be bought into Q3 results, says Deutsche Bank
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06:49 EDTWMTWal-Mart partners with VUDU for digital movie access offering
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06:43 EDTFBFacebook, Samsung could collaborate to develop mobile content, Korea Times says
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06:40 EDTYHOOYahoo hires Kevin Gentzel as head of N.A. ad sales, CNet reports
Yahoo has hired Kevin Gentzel, the Washington Post's former chief revenue officer, as its new head of North American advertising sales, CNet reports. Gentzel will report to Ned Brody, the company's head of Americas. Reference Link
October 14, 2014
14:28 EDTYHOOYahoo hires former Washington Post Chief Revenue Officer to head sales, WSJ says
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14:17 EDTMMacy's to open 2 hours earlier for Thanksgiving this year, CNN reports
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08:08 EDTYHOOYahoo to close Amman, Jordan office by end of year, TechCrunch reports
Yahoo will close its office in Amman, Jordan by the end of the year, TechCrunch reports, citing a confirmed statement by a company spokesperson. The company will funnel its Arab-language and English-language Arab-focused Internet portal to an office in Dubai and other regions. A Yahoo spokesperson says the move is part of its "global efforts to streamline operations." Reference Link
October 13, 2014
13:10 EDTYHOO, FBGoogle's Schmidt says Amazon is company's biggest search rival, FT reports
Eric Schmidt, the executive chairman of Google (GOOG), says Amazon (AMZN) is his company's biggest rival in search, not Bing (MSFT) or Yahoo (YHOO), the Financial Times reports. Schmidt also argued in Berlin that Google should not be regulated "as if it were the gatekeeper of the internet," given the influence of Amazon and Facebook (FB). Reference Link
12:13 EDTYHOOYahoo upgraded as BGC sees higher chances for tax efficient monetization
Research firm BGC Partners upgraded its rating on Yahoo (YHOO) to Buy from Hold, saying that the chances of the company monetizing its assets in a more tax efficient manner have increased now that Alibaba (BABA) has come public. Among the possible scenarios, Yahoo may be acquired by Alibaba, the firm added. WHAT'S NEW: Yahoo's chances of paying a relatively low tax rate on the sale of its stakes in Alibaba and Yahoo Japan, a Japanese Internet company, have risen, BGC Financial analyst Colin Gillis stated. Yahoo could owe up to $15B of taxes on its sale of the assets, the analyst estimated. If Yahoo pays full tax liability, its stakes would be worth $43.5B. If it pays no taxes, the assets would be worth $58.5B, he estimated. Gillis set his price target on Yahoo at $50, representing the midpoint of the two scenarios, he stated. Among various scenarios that could play out, Alibaba could choose to buy Yahoo and subsequently unload Yahoo's core business and the American company's stake in Yahoo Japan, the analyst said. Yahoo shareholders could receive cash and shares of Alibaba as part of such a deal, Gillis stated. If Yahoo is not acquired by Alibaba, the American company should combine with AOL (AOL), as recently proposed by activist investor Starboard Value, Gillis contended. Merging with AOL could accelerate Yahoo's revenue growth by over 50% and increase its EBITDA by over 35%, Gillis estimated. PRICE ACTION: In early afternoon trading, Yahoo fell 1% to $39.18.
10:08 EDTYHOOOn The Fly: Analyst Upgrade Summary
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10:06 EDTMJ.C. Penney rises after selecting Home Depot executive as next CEO
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09:39 EDTFBActive equity options trading on open
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09:28 EDTYHOOYahoo upgraded to Buy from Hold at BGC Financial
BGC Financial analyst Colin Gillis upgraded his rating on Yahoo (YHOO) shares to Buy saying the company's remaining assets should get monetized in a more tax efficient manner now that Alibaba (BABA) is public. Gillis also points out that Alibaba could see benefits from acquiring Yahoo. He raised his price target for Yahoo shares to $50 from $37.
09:02 EDTWMTWal-Mart October volatility elevated into investment community meeting
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07:15 EDTTGT, WMTNational Association of Corporate Directors to hold a conference
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