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Stock Market & Financial Investment News

News Breaks
July 30, 2014
08:53 EDTWMT, SODASodaStream sees sales trends for sodamakers remaining challenging in U.S. in 2H
Says U.S. going through a turnaround, says has "struggled" to drive consumer demand in the U.S. Says most retailers still carrying excess sodamaker inventory. Says "seasonal hotspots" in Walmart (WMT) stores contributed positively to Q2 results, but were not as impactful as planned. Says did not provide a compelling reason to buy a Sodastream in the U.S. in Q2. Says working on healthier ingredients in products, including natural sweeteners. Sees getting machine, consumables segments back on track. Sees FY gross margins similar to FY13's 51%. Says will take some time for initiatives to be implemented and take hold. Says 2H proving to be challenging for U.S., but sees "huge opportunity." Expects Americas to decline in the low teens range. Plans to expand workforce in Israel. Comments made on the Q2 earnings conference call.
News For SODA;WMT From The Last 14 Days
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July 30, 2015
09:04 EDTSODASodaStream new systems coming as Keurig Kold launch looms, WSJ says
SodaStream (SODA) is recasting itself as a “sparkling water’’ company in the face of coming competition from the impending launch of Keurig Green Mountain's (GMCR) "Keurig Kold" machine in partnership with Coca-Cola (KO), but its new digital systems, including one that can mix cocktails and another that can make hot or cold drinks, won’t be ready until next year, reported The Wall Street Journal, citing an interview with SodaStream CEO Daniel Birnbaum. With competition also mounting from start-ups, SodaStream is banking on more health-conscious consumers that are cutting back or giving up soda, the report noted. Reference Link
July 28, 2015
18:08 EDTWMTWal-Mart warns suppliers to comply with labeling laws, WSJ reports
Last week, Wal-Mart sent a memo to hundreds of suppliers warning them to comply with labeling laws, noting that the amount inside a package should match what is printed on the outside, the Wall Street Journal reports. Reference Link
14:55 EDTWMTEarnings Watch: MasterCard reports after peers warn of currency headwinds
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08:29 EDTSODAHouse Oversight & Government Reform Committee to hold a hearing
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July 24, 2015
06:37 EDTWMTWal-Mart increases offerings in baby category
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July 23, 2015
19:24 EDTWMTWal-Mart's Apple Pay competitor launching soon, Bloomberg says
CurrentC, the mobile payment application funded by Wal-Mart (WMT), Target (TGT), Best Buy (BBY) and others, will see an early trial run next month, Bloomberg reported earlier, citing three people familiar with the situation. A spokesperson for Lowe's (LOW) said the consortium behind the app expects an official launch in Q3, and Bloomberg noted that CurrentC will compete with more "established" offerings such as Apple's (AAPL) Apple Pay and Google's (GOOG) Android Pay. Reference Link
05:08 EDTWMTWal-Mart acquires remaining shares of Yihaodian
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July 22, 2015
13:25 EDTWMTWal-Mart to end overnight hours at certain stores, Bloomberg reports
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08:38 EDTWMTNRF cuts 2015 retail sales growth forecast to 3.5% from 4.1%
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July 20, 2015
13:46 EDTWMTAmazon seen eclipsing Macy's as top U.S. clothing retailer
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