New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 31, 2014
07:02 EDTWMT, PEP, TGTTarget 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
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 29, 2015
05:53 EDTWMTWal-Mart accelerates China expansion, adds 115 new stores, Financial Times says
Subscribe for More Information
April 28, 2015
07:01 EDTWMTVIVUS announces discount program through Sam's Club for Qsymia
Subscribe for More Information
06:24 EDTTGTSmall lenders object to settlements between card networks merchants, WSJ says
Subscribe for More Information
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
10:42 EDTPEPPepsiCo to replace aspartame in Diet Pepsi later this year, Bloomberg reports
PepsiCo will begin selling Diet Pepsi without aspartame later this year after a backlash against the artificial sweetener, reports Bloomberg. The company will replace aspartame with a blend of sucralose and acesulfame potassium. Reference Link
10:00 EDTTGTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AT&T (T) upgraded to Outperform from Neutral at Macquarie... Alaska Air (ALK) upgraded to Buy from Neutral at Buckingham... Amazon.com (AMZN) upgraded at Raymond James... American Electric (AEP) upgraded to Buy from Hold at Deutsche Bank... Broadridge (BR) upgraded to Buy from Hold at Evercore ISI... Cablevision (CVC) upgraded to Hold from Sell at Brean Capital... Cisco (CSCO) upgraded to Conviction Buy from Buy at Goldman... Core Laboratories (CLB) upgraded to Outperform from Sector Perform at Iberia... Crown Castle (CCI) upgraded to Outperform from Market Perform at Raymond James... Encore Wire (WIRE) upgraded to Buy from Neutral at Sidoti... Gigamon (GIMO) upgraded to Buy from Neutral at DA Davidson... Juniper (JNPR) upgraded on improved outlook at RBC Capital... KPN (KKPNY) upgraded to Buy from Neutral at Goldman... Knight Transportation (KNX) upgraded to Outperform from Market Perform at Avondale... Mattel (MAT) upgraded to Buy from Neutral at Goldman... Microsoft (MSFT) upgraded to Buy from Neutral at Nomura... Premiere Global (PGI) upgraded to Outperform from Market Perform at Raymond James... Quintiles (Q) upgraded to Buy from Hold at Jefferies... Southwestern Energy (SWN) upgraded to Market Perform at Raymond James... TE Connectivity (TEL) upgraded on positive catalysts at SunTrust... Target (TGT) upgraded to Buy from Neutral at BofA/Merrill... TriState Capital (TSC) upgraded to Overweight from Equal Weight at Stephens... United Continental (UAL) upgraded to Buy from Hold at Evercore ISI... Vipshop (VIPS) upgraded to Buy from Hold at HSBC... Vocera (VCRA) upgraded to Buy from Hold at Craig-Hallum.
08:12 EDTTGTTarget upgraded on improving initiatives and consumer at BofA/Merrill
As previously reported, BofA/Merrill upgraded Target to Buy from Neutral. The firm believes Target is well positioned to benefit from an improving middle-income core customer base. BofA/Merrill said customers are responding well to improved assortment and merchandising and expects Target to continue to see increased spending at stores and online as customers trade-up to more expensive items. Price target increased to $92 from $86.
08:03 EDTTGTTarget upgraded to Buy from Neutral at BofA/Merrill
Subscribe for More Information
April 23, 2015
19:56 EDTWMTWal-Mart blocks shareholder vote to examine possible gender bias, Guardian says
Subscribe for More Information
07:46 EDTPEPPepsiCo says foreign exchange translation and transaction headwinds persist
Subscribe for More Information
07:05 EDTPEPPepsiCo sees FY15 organic revenue growth in mid-single digits
Subscribe for More Information
07:03 EDTPEPPepsiCo backs FY15 core EPS growth of 7%, consensus $4.65
Subscribe for More Information
07:02 EDTPEPPepsiCo reports Q1 core EPS 83c, consensus 79c
Reports Q1 revenue $12.22B, consensus $12.18B. Reports Q1 organic revenue up 4.4%.
April 22, 2015
15:50 EDTPEPNotable companies reporting before tomorrow's open
Subscribe for More Information
April 21, 2015
08:20 EDTPEPPepsiCo April weekly volatility elevated into Q1 and outlook
Subscribe for More Information
06:18 EDTTGT, WMTUS merchants struggle to meet deadline for accepting chip cards, WSJ reports
Subscribe for More Information
April 20, 2015
12:31 EDTWMTWal-Mart workers claim store closings are retaliatory, Fortune says
Subscribe for More Information
07:21 EDTPEPPepsiCo risk/reward favorable into Q1 results, says Wells Fargo
Subscribe for More Information
April 19, 2015
17:28 EDTTGTTarget website overwhelmed by rush from Lilly Pulitzer shoppers, WSJ says
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use