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Stock Market & Financial Investment News

News Breaks
October 19, 2012
16:57 EDTMSN, WMTEmerson Radio reports Wal-Mart will no longer sell two microwave products
Emerson Radio (MSN) has been informed by Wal-Mart (WMT), which accounted for approximately 48% of the Emerson's net revenues during FY12, that, beginning in spring of 2013, Wal-Mart will discontinue purchasing from Emerson two microwave oven products currently sold to Wal-Mart. During FY12, these two microwave oven products comprised, in the aggregate, approximately $48.4M, or 31%, of the company’s net product sales. Currently, it is anticipated that Emerson will continue shipping these products throughout the remainder of FY13, with sales of such products declining in 4Q13. Emerson anticipates that the full impact of Wal-Mart’s decision will be realized by the company in FY14.
News For MSN;WMT From The Last 14 Days
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June 19, 2013
07:09 EDTWMTWal-Mart plays catch up to Amazon.com, WSJ reports
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06:08 EDTWMTOn the Fly: Periodicals Wrap-Up
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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
07:21 EDTWMTClinton Global Initiative to host to host a meeting
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June 13, 2013
09:30 EDTWMTClinton Global Initiative to host to host a meeting
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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
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.
June 10, 2013
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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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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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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