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Stock Market & Financial Investment News

News Breaks
July 30, 2014
08:51 EDTS, WMTSprint to launch Virgin Mobile Custom at Wal-Mart on August 9
Sprint (S) subsidiary Virgin Mobile USA introduced Virgin Mobile Custom, a no-annual-contract offer with unique parental controls and the ability for customers to build personally tailored rate plans. Virgin Mobile Custom will be available exclusively to Walmart (WMT) customers at select stores beginning Saturday, Aug. 9. Under the offer, customers will purchase a designated Custom phone and activate that device on the Base plan, which comes with 20 texts and 20 voice minutes, or the Unlimited plan for $35 with unlimited talk and text, with the ability to activate up to five lines for as low as $6.98 per line per month.
News For S;WMT From The Last 14 Days
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April 28, 2015
07:01 EDTWMTVIVUS announces discount program through Sam's Club for Qsymia
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April 27, 2015
20:03 EDTWMTBest Buy's use of Apple Pay raises questions about Wal-Mart's MCX, Re/code says
Best Buy (BBY) announced it will accept Apple (AAPL) Pay in its stores later in the year, reports Re/code, citing company statements. Re/code notes that the move raises questions about Best Buy's previously announced partnership with rival payment consortium MCX, spearheaded by Wal-Mart (WMT). A Best Buy spokesperson said it is "too early to declare" whether the company will use MCX's platform at launch, while multiple sources claimed the delay in implementing Apple Pay is partly due to exclusivity agreements with MCX. Reference Link
06:15 EDTWMTWal-Mart fighting for right to sell more alcohol in Texas, WSJ reports
Wal-Mart (WMT) is fighting for the right to sell more alcohol in Texas, The Wall Street Journal reports. The retailer is suing the Texas Alcoholic Beverage Commission, claiming legal limits on sales of hard liquor are "unconstitutional," the publication says. Wal-Mart has also joined fellow retailers Costco (COST) and Kroger (KR), as well as other groups, to back legislation that would override the current state beverage laws. Reference Link
April 24, 2015
09:02 EDTSSprint volatility at low end of historic range into Q3
Sprint overall option implied volatility of 44 compares to its 26-week average of 50 according to Track Data, suggesting decreasing price movement into the expected release of Q3 results on May 5.
April 23, 2015
19:56 EDTWMTWal-Mart blocks shareholder vote to examine possible gender bias, Guardian says
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14:20 EDTSEarnings Watch: Google up close to 8.5% since last earnings report
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10:05 EDTSSprint introduces Command Center 2.0 for enterprises
Sprint (S) announced it has launched its next-generation Command Center 2.0, which provides a centralized management platform across multiple technologies and simplifies the job of device management, in more than 200 countries. Sprint said its parent company, Softbank (SFTBF), not only supports the Command Center 2.0ís global extension but is also working with Sprint to use certain components of Command Center 2.0 for their customers.
April 22, 2015
13:37 EDTSGoogle introduces Project Fi, to partner with Sprint, T-Mobile
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06:01 EDTSGoogle could launch wireless service today, WSJ reports
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April 21, 2015
07:36 EDTSU.S. mobile cariers could be pressured from new data plans, WSJ says
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06:18 EDTWMTUS merchants struggle to meet deadline for accepting chip cards, WSJ reports
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April 20, 2015
12:31 EDTWMTWal-Mart workers claim store closings are retaliatory, Fortune says
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April 17, 2015
15:42 EDTWMTWal-Mart to slash layer of in-store management, Bloomberg reports
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April 16, 2015
06:05 EDTWMTFormer Wal-Mart CEO Duke heads to Carlyle Group, WSJ reports
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April 14, 2015
18:32 EDTWMTCourt rules Wal-Mart can reject shareholder proposal on gun sales, WSJ says
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10:51 EDTSGoogle to sell mobile phone plans directly to customers, The Information reports
Google (GOOG) is looking to sell mobile phone plans directly to customers while managing their calls and mobile data over a cellular network, reports The Information. According to people with knowledge of the plans, the new service is expected to run on Sprint (S) and T-Mobile (TMUS) networks. Google expected to reach deals to buy wholesale across to those carriers' networks. A launch this year seems likely. Reference Link

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