New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 17, 2014
11:41 EDTCVS, WAG, SWY, WMT, RADAttorneys General encourage retailers to stop selling tobacco products
Attorney General Eric Schneiderman joined Ohio Attorney General Mike DeWine in leading an effort to persuade the largest pharmacy chains in the United States to stop selling tobacco products. Led by Attorney General Schneiderman and Attorney General DeWine, the Attorneys General of 28 states and territories have written to the CEOs of Wal-Mart (WMT), Walgreens (WAG )(which also operates Duane Reade stores), Rite-Aid (RAD), Safeway (SWY) and Kroger (KR), asking them to remove any and all tobacco products from their shelves. In addition, 32 Attorneys General have commended CVS Caremark (CVS) for its recent decision to stop selling tobacco in its stores. Reference Link
News For WMT;WAG;RAD;SWY;CVS 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 | >>
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
Subscribe for More Information
November 14, 2014
16:39 EDTWMTBerkshire Hathaway gives quarterly update on stakes
Subscribe for More Information
16:26 EDTWMTNasdaq clear leader as major averages end week higher
Subscribe for More Information
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
Subscribe for More Information
10:00 EDTWMTOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:37 EDTWMTWal-Mart price target raised to $91 from $83 at UBS
Subscribe for More Information
07:27 EDTWMTWal-Mart price target raised to $92 from $82 at BofA/Merrill
Subscribe for More Information
06:49 EDTWMTWal-Mart downgraded to Underperform from Market Perform at BMO Capital
November 13, 2014
16:36 EDTWMTOn The Fly: Closing Wrap
Stocks on Wall Street saw another day of relatively quiet trading in a tight range, but the major averages once again finished the session higher than where they'd began. The Dow, powered by the post-earnings advance from Wal-Mart (WMT), led and closed at a new all-time high for the third time in the last four days. ECONOMIC EVENTS: In the U.S., initial jobless claims rebounded 12K to 290K in the week ending November 8, versus expectations for 280K first-time claims. The Job Openings and Labor Turnover Survey, or JOLTs report, showed job openings fell to 4.335M in September, versus the consensus forecast for 4.8M openings. The Treasury reported a $121.7B budget deficit for October, versus the consensus deficit forecast of $117B. COMPANY NEWS: Wal-Mart led the Dow, advancing $3.74, or 4.72%, to $82.94 after the world's largest retailer's earnings beat expectations and it reported U.S. comparable store sales grew 0.5% during the just-completed quarter... Warren Buffett’s Berkshire Hathaway (BRK.A) agreed to acquire the Duracell battery business from Procter and Gamble (PG) via a stock swap. In exchange for a recapitalized Duracell company, which will include approximately $1.7B in cash at closing, P&G will receive shares of its own common stock currently held by Berkshire having a current value of approximately $4.7B, the companies announced. Shares of Procter & Gamble, which also guided to FY15 core EPS growth in a mid-single digit percentage range, fell 88c, or 0.98%, to $88.60 after the deal was announced and guidance was issued. MAJOR MOVERS: Among the notable gainers was Baker Hughes (BHI), which surged $7.77, or 15.24%, to $58.75 after The Wall Street Journal said the company is in fast-moving talks to be acquired by larger peer Halliburton (HAL), which also rose 56c, or 1.05%, to $53.79 following the report. Also higher was DreamWorks Animation (DWA), which jumped $3.15, or 14.08%, to $25.52 after several media outlets reported that the animated movie maker company was in talks about selling itself to toy maker Hasbro (HAS). Hasbro shares fell $2.49, or 4.33%, to $54.98 following the reports. Also lower were shares of Revance (RVNC), which fell $4.93, or 23.48%, to $16.07 after the company said last night that the preliminary results from its ongoing open-label study suggest it still has "some work to do" to increase the probability of success for its upcoming Phase 3 pivotal program for RT001. INDEXES: The Dow rose 40.59, or 0.23%, to 17,652.79, the Nasdaq gained 5.01, or 0.11%, to 4,680.14, and the S&P 500 added 1.08, or 0.05%, to 2,039.33.
14:50 EDTRAD, WAGLonestar Capital to shut down by mid-2015, WSJ reports
Subscribe for More Information
14:45 EDTRAD, WAGLonestar capital to shut down, DJ reports
Subscribe for More Information
12:44 EDTWMTOn The Fly: Midday Wrap
Subscribe for More Information
09:40 EDTWMTActive equity options trading
Subscribe for More Information
07:19 EDTWMTWal-Mart up 1.3% to $80.25 in pre-market following Q3 earnings beat
Subscribe for More Information
07:07 EDTWMTWal-Mart sees Q4 EPS $1.46-$1.56, consensus $1.57
For the 13-week period ending Jan. 30, 2015, Walmart U.S. expects comp store sales to be between flat and 1%. Sam's Club expects comp sales, excluding fuel, for the 13-week period to be between flat and 2%.
07:06 EDTWMTWal-Mart narrows FY14 EPS view to $4.92-$5.02 from $4.90-$5.15
Subscribe for More Information
07:03 EDTWMTWal-Mart reports Q3 continuing ops EPS $1.15, consensus $1.12
Subscribe for More Information
06:09 EDTWMTWal-Mart Canada planning to cut 200 jobs, Globe and Mail reports
Wal-Mart Canada is planning to cut 200 jobs, mostly at its head office in Mississauga, the Globe and Mail reports. The reduction is expected to be announced next week and follows disappointing earnings at the Wal-Mart unit over the past few quarters. Reference Link
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