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Stock Market & Financial Investment News

News Breaks
October 15, 2012
07:14 EDTV, MA, WMT, TGT, M, SBUX, LOW, KR, SWYCredit card fee settlement opposed by Wal-Mart, others, Reuters says
In the months since a $7.2B settlement with Visa (V) and Mastercard (MA) over "swipe fees" was filed, a number of major retailers including Wal-Mart (WMT) and several trade groups have come out opposing the deal and asked to have it blocked, reported Reuters. The credit card companies and retailers that do support the plan will ask a judge this week to approve it in spite of the objections, the report noted. Reference Link
News For V;MA;WMT;TGT;M;SBUX;LOW;KR;SWY From The Last 14 Days
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July 24, 2014
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
06:51 EDTSBUXChina investigates 581 companies, restaurants as scandal broadens, Reuters says
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July 23, 2014
18:25 EDTSBUXStarbucks launches first of three stores in Hanoi
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09:02 EDTMMacy's reports new initiates in multi-year program to enhance sustainability
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06:48 EDTSBUXFive people detained regarding China meat scandal investigation, Reuters says
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06:31 EDTSWYSafeway says receives subpoena from U.S. DEA
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July 22, 2014
18:02 EDTSBUXStarbucks plans 260 store openings in Japan, Nikkei says
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14:47 EDTVVisa July weekly volatility elevated into Q3 and growth outlook
Visa July weekly call option implied volatility is at 39, August is at 20, September is at 17, December is at 16; compared to its 26-week average of 22 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results on July 24.
07:52 EDTKRKroger management to meet with Guggenheim
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06:55 EDTWMTWal-Mart reduces prices more intensly for back-to-school, Bloomberg says
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06:43 EDTSBUXChina food scandal expands, ropes-in Starbucks, others, Reuters says
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July 21, 2014
13:36 EDTMA, VSmartMetric files patent infringement suit against Visa, MasterCard
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12:17 EDTSBUXStarbucks July weekly volatility elevated into Q3 and outlook
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11:00 EDTSBUXStarbucks China says one of its suppliers got meat from Husi, Bloomberg reports
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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
July 18, 2014
18:12 EDTTGT, MA, M, VVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
14:25 EDTV, MAVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
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06:37 EDTSBUXStarbucks to test mobile phone ordering, Re/code reports
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July 17, 2014
07:37 EDTV, MAVisa MasterCard underperformance creates buying opportunity, says Oppenheimer
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July 16, 2014
14:36 EDTVVisa launches Visa Checkout payment service
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