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Stock Market & Financial Investment News

News Breaks
July 31, 2014
07:02 EDTTGT, WMT, PEPTarget names Brian Cornell as chairman and CEO, effective August 12
Target Corporation (TGT) announced that its Board of Directors has named seasoned retail and consumer products veteran Brian Cornell as the companyís next chairman of the Board of Directors and CEO, effective August 12. Cornell joins Target with more than 30 years of experience at some of the nationís leading retail and consumer product companies. As Targetís new CEO, Cornellís top priorities will be accelerating the companyís performance and advancing Targetís omnichannel evolution. Cornell most recently served as the chief executive officer of PepsiCo Americas Foods (PEP) where he oversaw the companyís global food business, the largest of PepsiCoís four divisions. He was responsible for a portfolio that included Frito-Lay North America, Quaker Foods and all of PepsiCoís Latin America food and snack businesses. Before joining PepsiCo in 2012, Cornell served as president and CEO of Samís Club, a division of Wal-Mart Stores (WMT).
News For TGT;PEP;WMT From The Last 14 Days
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March 26, 2015
09:02 EDTWMT, TGTSamsung Galaxy S6, S6 edge to be available in U.S. beginning April 10
Samsung Electronics America (SSNLF) announced the Galaxy S 6 and Galaxy S 6 edge will be available in the U.S. beginning April 10, with pre-orders starting March 27. In the U.S., the Galaxy S 6 and Galaxy S 6 edge will be available in Black Sapphire, White Pearl and Gold Platinum -- in 32GB, 64GB and 128GB2 memory options. AT&T (T), Sprint (S), T-Mobile (TMUS), U.S. Cellular (USM) and Verizon Wireless (VZ) will carry both the Galaxy S 6 and Galaxy S 6 edge, while Boost Mobile, Cricket Wireless and MetroPCS will carry the Galaxy S 6. Samsung Experience Shops at Best Buy (BBY), as well as Amazon.com (AMZN), Costco Wholesale (COST), Samís Club (WMT), Target (TGT) and Walmart will also carry the Galaxy S 6 and Galaxy S 6 edge. Carriers and retailers will confirm specific pricing and availability.
08:08 EDTWMTStratasys' MakerBot expands 3D printer sales to Sam's Club locations
MakerBot (SSYS) says it recently started selling the MakerBot Replicator Mini Compact 3D Printer at more than 300 Samís Club (WMT) retail locations across the United States.
07:25 EDTPEPThe Economist to hold a forum
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March 23, 2015
07:04 EDTPEPPepsiCo elects former Dallas Fed president Richard Fisher to board
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06:57 EDTWMTWal-Mart, Trinity church courtcase scheduled for April 8, WSJ says
A U.S. appeals court on April 8 will decide whether Wal-Mart shareholder Trinity church can force the company to hold a shareholder vote on gun sales, reports the Wall Street Journal. Wal-Mart maintains that what it chooses to sell in its stores is a matter of "regular business" and is not subject to shareholder review. Cornell law professor Lynn Stout and three dozen of her peers have submitted friend of the court briefs to support Trinity, which won an initial case against Wal-Mart in November. Reference Link
March 22, 2015
18:22 EDTWMTWal-Mart shareholders allowed to vote for independent chairman, Reuters says
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March 19, 2015
07:17 EDTTGTStephens to hold a conference
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06:36 EDTTGTTarget settles class action lawsuit over data breach, Reuters reports
Target agreed to pay $10M to settle a class action lawsuit related to its 2013 data breach, according to Reuters. Under the settlement, which must be approved by a federal judge, the retailer also agreed to implement data security measures, including hiring a chief information security officer, the news service stated. Reference Link
06:28 EDTWMTWal-Mart's Walmex unit to expand more slowly this year, Reuters reports
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March 18, 2015
17:42 EDTTGTTarget to increase minimum wage paid to $9 per hour in April, WSJ says
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15:56 EDTTGTTarget to increase minimum wage paid to $9 per hour in April, Dow Jones says
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12:26 EDTTGTTarget unveils extended one-year return policy
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10:31 EDTPEPPepsiCo's valuation low vs. peers, says Credit Suisse
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09:36 EDTWMTActive equity options trading on open
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March 17, 2015
09:05 EDTTGTMicrosoft Band now available at Best Buy, Target, Amazon, Re/code reports
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06:01 EDTPEPPepsiCo implied volatility of 21 at upper end of index
March 16, 2015
11:02 EDTPEPLive Nation enters multi-year strategic marketing alliance with PepsiCo
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10:28 EDTPEPOptions with increasing implied volatility
Options with increasing implied volatility: PVA NFLX BMRN DNOW MYL TEVA PEP GE
06:16 EDTWMTWal-Mart to sell Tide rival Persil in stores, WSJ reports
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March 15, 2015
17:57 EDTPEPPepsiCo to invest $500M in Egypt in 2015, Reuters says
PepsiCo's business unit manager for North East Africa Ahmed El Sheikh told Reuters at an investment conference in Sharm El-Sheikhwill that the company will invest $500M in Egypt this year to expand production. Reference Link
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