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Stock Market & Financial Investment News

News For TSCDY;WMT From The Last 14 Days
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January 28, 2015
09:29 EDTTSCDYTesco to close 43 stores, 2,000 jobs at risk, Independent says
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January 26, 2015
11:44 EDTTSCDYTesco to close Blinkbox Books service by end of February, FT reports
Tesco will close its Blinkbox Books e-book-selling service by the end of February, The Financial Times reports. The company, which has been divesting non-core units, had previously been in talks with Waterstones to sell the service. Reference Link
January 21, 2015
13:38 EDTWMTEarnings Preview: eBay shares rise over 5.5% since last earnings report
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12:46 EDTTSCDYTesco narrows down chairman candidates, FT reports
Tesco has narrowed down its shortlist of candidates for the chairman role to two, three sources tell The Financial Times. Sir Ian Cheshire, the former CEO of Kingfisher, as well as Barratt Chairman and Dixons Carphone co-deputy Chairman John Allan are said to be vying for the role of Tesco's new chairman, the sources say. Reference Link
10:01 EDTWMTOn The Fly: Analyst Downgrade Summary
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06:52 EDTWMTWal-Mart downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley downgraded Wal-Mart to Equal Weight citing balanced risk/reward and lack of margin growth due to potential re-investments.
January 20, 2015
13:01 EDTWMTWal-Mart launches cash pickup option for tax refunds
As Americans begin to file their tax returns, Walmart (WMT) announced the launch of a first-of-its-kind service that allows consumers to “skip the check” and pick up their tax refunds in cash. Walmart Direct2Cash is available nationwide starting today and will help customers save time and money when compared to traditional tax refund options. Walmart is working with Tax Products Group, a Green Dot Company (GDOT), and Republic Bank & Trust Company, member FDIC, two providers of tax-related financial products and services, to provide Walmart Direct2Cash as an option to millions of customers. The more than 25,000 tax preparation locations using software with the Walmart Direct2Cash option may provide this service for no additional fee or charge a maximum of $7 at the time of filing. Walmart does not charge customers a fee when refunds are claimed in a store.
09:44 EDTWMTSupreme Court denies appeal of 'swipe fee' ruling, Reuters reports
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January 19, 2015
06:35 EDTTSCDYTesco upgraded to Overweight from Equal Weight at Morgan Stanley

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