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Stock Market & Financial Investment News

News Breaks
December 24, 2012
06:25 EDTTSCDY, WMTTesco, Asda facing challenges from German discounters, WSJ reports
Three of the U.K.'s largest supermarkets, Tesco (TSCDY), Asda (WMT) and Morrisons, are facing a new challenge from Aldi and Lidl, closely held German discounters that are grabbing market share from the grocery giants, reports the Wall Street Journal. Reference Link
News For TSCDY;WMT From The Last 14 Days
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March 30, 2015
12:53 EDTWMTNY AG Schneiderman announces agreement with GNC
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March 27, 2015
05:51 EDTWMTStocks with implied volatility movement; GLW WMT
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March 26, 2015
10:01 EDTWMTWal-Mart volatility flat into U.S. strategic update
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09:02 EDTWMTSamsung 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.
March 24, 2015
06:52 EDTTSCDYU.S. group to sue Tesco over accounting errors, Guardian says
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March 23, 2015
12:33 EDTTSCDYTesco's Fresh & Easy to sell 30 stores in Southern California, LA Times reports
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06:57 EDTTSCDYSilver Lake weighs GBP2B bid for Tesco's Dunnhumby, Sunday Times reports
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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
06:04 EDTTSCDYTesco announces 21 store transaction with British Land
Tesco has regained sole ownership of 21 superstores in a transaction with British Land. The agreement comes as Tesco continues to strengthen its core UK business. The 21 superstores and associated debt were part of a joint venture between Tesco and British Land and were all subject to RPI-indexed rent increases. In exchange for the superstores, British Land will take over Tescoís stake in three shopping centers, three retail parks and three standalone stores which are held in two joint ventures between the two companies. Tesco will continue to lease the stores at these sites at market rents which are not subject to RPI-indexed increases. As part of the transaction, Tesco will also receive GBP96M from British Land.
March 22, 2015
18:22 EDTWMTWal-Mart shareholders allowed to vote for independent chairman, Reuters says
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March 19, 2015
06:28 EDTWMTWal-Mart's Walmex unit to expand more slowly this year, Reuters reports
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March 18, 2015
09:36 EDTWMTActive equity options trading on open
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March 17, 2015
11:38 EDTTSCDYWPP CEO confirms interest in Tesco Dunnhumby unit, City A.M. says
WPP (WPPGY) CEO Martin Sorrell confirmed the company is interested in acquiring Tesco's (TSCDY) Dunnhumby data unit, estimated to be worth as much as $2B, reports City A.M., citing statements given at the Media & Telecoms conference in London. Sorrell noted he was specifically interested in the company's Clubcard loyalty program. Tesco is likely to pursue a majority stake selloff rather than full divestiture, notes the article. Reference Link

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