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Stock Market & Financial Investment News

News Breaks
February 12, 2013
07:21 EDTCVS, WMTWal-Mart falls behind CVS in medical clinics, Bloomberg reports
In 2007, Wal-Mart Stores (WMT) planned to open as many as 2,000 in-house medical clinics by mid-2012. Today they have fewer than 130 clinics and is closing locations faster than it’s opening them. CVS Caremark (CVS) has about 630 MinuteClinics and aims to have 1,500 within four years, reports Bloomberg. CVS says its clinic business has grown at a compound annual rate of 39% in the last six years. Reference Link
News For WMT;CVS From The Last 14 Days
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November 28, 2014
09:40 EDTWMTActive equity options trading
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09:22 EDTWMTWal-Mart Canada announces expansion of Grab and Go lockers
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06:13 EDTWMTWal-Mart releases statement on early Black Friday results
Wal-Mart Senior VP of Merchandising Laura Phillips said, “Last night was awesome! In a few short hours, we flipped from being the largest grocery store in town to the best gift shop on the block. Not only did we have millions of customers shopping our stores, but we’re confident Walmart was the first stop of the night for most of them. We saw lines for tablets and TVs snaking throughout the stores, and with our exclusive 1-Hour Guarantee, customers left happy. Our customers came with a plan to win. More than 25 million people downloaded our Black Friday ad, and 20 million customers used their local store maps on Walmart.com. Online shopping started while turkeys were still in the oven and yesterday was our second-highest online sales day ever – topped only by Cyber Monday last year. Tablets, TVs, sheets, children’s apparel, and video gaming were the top five categories of the night in our stores."
November 26, 2014
11:07 EDTWMTWal-Mart pares executive ranks in China amid restructuring, Bloomberg says
Wal-Mart has dismissed around 30 senior executives in China, says Bloomberg. Walmart, which has faced headwinds in China from competition and food safety scandals, says the executives were dismissed in an effort to “streamline and simplify” its business, added Bloomberg. Reference Link
November 25, 2014
07:22 EDTWMTWal-Mart volatility at low end of historic range as shares near record high
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06:10 EDTWMTWal-Mart's Duncan Mac Naughton expected to announce departure, WSJ reports
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November 24, 2014
08:38 EDTWMTWal-Mart names former American Airlines CEO Tom Horton to board
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November 21, 2014
09:17 EDTWMTOn The Fly: Pre-market Movers
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November 20, 2014
17:21 EDTWMTSolarCity announces new power, energy storage projects with Walmart
SolarCity (SCTY) announced it has entered into contract with Walmart (WMT) for the installation of new solar projects at facilities in up to 36 states over the next four years. SolarCity has completed more than 200 solar projects at Walmart locations since 2010. SolarCity has also installed and tested energy storage projects co-located with solar power generation at 13 Walmart facilities since early 2013, and will be incorporating ten additional storage projects in the next year.
November 19, 2014
05:15 EDTWMTWalmart to match competitors' Black Friday deals one week early
Walmart announced that for the second year, the retailer is lowering the prices on popular toys, electronics and more to match or beat select Black Friday offers from national competitors one week early. Walmart’s Pre-Black Friday Event begins Friday, Nov. 21 at 8:00 a.m. and also gives customers an early taste of Walmart’s Black Friday prices by moving up items typically found on Black Friday.
November 18, 2014
09:03 EDTWMTI.D. Systems receives three-year contract extension from Walmart
I.D. Systems (IDSY) has executed a three-year extension of its contract with Walmart Stores (WMT) to provide VeriWise trailer tracking and management services for Walmart's fleet of cargo trailers. The contract extension, which runs through October, 2017, has a maximum aggregate value of approximately $14M.
05:26 EDTWMTDisney Movies Anywhere now available through Walmart VUDU service
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November 14, 2014
16:39 EDTWMTBerkshire Hathaway gives quarterly update on stakes
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16:26 EDTWMTNasdaq clear leader as major averages end week higher
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14:53 EDTCVSCVS Express Scripts implementing drug price controls, says Cleveland Research
Cleveland Research believes that CVS (CVS) and Express scripts are implementing rebates and price controls on drug. The firm expects the companies to increase their focus on controlling durg prices next year, and adds that they have already itnroduced prior authorization criteria for hepatitis drug. Publicly traded drug companies include AstraZeneca (AZN), Bristol-Myers (BMY), Eli Lilly (LLY), GlaxoSmithKline (GSK), Johnson & Johnson (JNJ), Merck (MRK), Novartis (NVS), Pfizer (PFE), Roche (RHHBY) and Sanofi (SNY). Makers of hepatits c drugs include AbbVie (ABBV) and Gilead (GILD),
14:46 EDTWMTDisney movies service partnering with Wal-Mart's Vudu, Reuters reports
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10:00 EDTWMTOn The Fly: Analyst Downgrade Summary
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07:37 EDTWMTWal-Mart price target raised to $91 from $83 at UBS
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07:27 EDTWMTWal-Mart price target raised to $92 from $82 at BofA/Merrill
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06:49 EDTWMTWal-Mart downgraded to Underperform from Market Perform at BMO Capital
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