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Stock Market & Financial Investment News

News For RGR;SWHC;CAB;WMT From The Last 14 Days
Check below for free stories on RGR;SWHC;CAB;WMT the last two weeks.
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July 29, 2014
06:11 EDTWMTWal-Mart downgraded to Neutral from Buy at Goldman
Goldman downgraded Wal-Mart to Neutral given the company's focus on growth and investment over returns, which is likely to impact share performance. Price target remains $83.
July 28, 2014
13:23 EDTWMTIcahn 'pleased' with Family Dollar deal, 'hopeful' alternate deal may surface
Carl Icahn released the following statement regarding Family Dollar Stores (FDO): "While we continue to believe there are a handful of potential buyers who could realize greater synergies through a combination with Family Dollar and are hopeful that one or more of them will surface as a result of today’s announcement, we are extremely pleased with Dollar Tree’s (DLTR) intention to acquire Family Dollar in a transaction that values the company at $74.50 per share. This is a big win for all shareholders of Family Dollar and yet another validation of the activist investment philosophy in general." Another company in the space, Dollar General (DG), has previously been speculated as an alternative partner for Family Dollar and Wal-Mart (WMT) is seen as a competitor to dollar store operators.
12:35 EDTSWHCSmith & Wesson announces $2M settlement agreement with SEC
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11:39 EDTWMTWells says potential for competing Family Dollar bid an unknown
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11:14 EDTSWHCSmith & Wesson to pay $2M to settle SEC charges
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July 27, 2014
08:58 EDTWMTWal-Mart doesn't look cheap, Barron's says
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July 25, 2014
10:07 EDTCABCabela's Sell rating removed at Off Wall Street Research (pre-open)
10:02 EDTCABOn The Fly: Analyst Downgrade Summary
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10:02 EDTCABOn The Fly: Analyst Upgrade Summary
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08:04 EDTCABCabela's upgraded to Buy from Neutral at DA Davidson
DA Davidson upgraded Cabela's to Buy citing stabilizing sales and compelling growth. Price target is $72.
07:47 EDTCABCabela's downgraded to Neutral from Buy at Monness Crespi
July 24, 2014
11:32 EDTWMTWal-Mart U.S. CEO change not likely due to current trends, says RW Baird
RW Baird believes the departure of Bill Simon from his post as CEO of Wal-Mart U.S. has more to do with the executive's long-term career planning than with current trends, which the firm believes remain sluggish. Baird keeps its Outperform rating and $84 price target on Wal-Mart.
08:38 EDTWMTWal-Mart volatility at historic low into Foran succeeding Simon as U.S. CEO
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08:31 EDTWMTWal-Mart names Greg Foran as president and CEO of Walmart U.S.
Walmart announced that Greg Foran has been promoted to President and CEO of Walmart U.S. Foran succeeds Bill Simon who has been in the role since June 2010 and will be transitioning out of the company. Foran will assume his responsibilities on August 9 and will report directly to Walmart President and CEO, Doug McMillon. Simon will be available on a consulting basis for the next six months to ensure a seamless transition.
08:08 EDTCABCabela's reaffirms FY guidance
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08:07 EDTCABCabela's now sees Q3 EPS 80c-90c, consensus 90c
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08:07 EDTCABCabela's reports Q2 EPS 61c, consensus 51c
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06:56 EDTWMTCourt rules Wal-Mart to show bribery probe documents, Reuters says
The Delaware Supreme Court ruled that Wal-Mart Stores must show a shareholder documentation that has to do with the firm's internal investigation of allegations it paid bribes in Mexico, according to Reuters, citing comments from a company spokeswoman. Reference Link
July 22, 2014
06:55 EDTWMTWal-Mart reduces prices more intensly for back-to-school, Bloomberg says
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July 21, 2014
06:42 EDTWMTWal-Mart adds over $102M to Indian wholesale unit, Reuters says
Wal-Mart added fresh funds worth $102.9M into its Indian wholesale division last month, according to Reuters, citing a filing made by its Indian business to the Registrar of Companies. The filing detailed that the funds were allotted as share application money. Reference Link
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