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Stock Market & Financial Investment News

News Breaks
November 8, 2012
07:55 EDTWMTWal-Mart to move up start of holiday specials season to Nov. 22 at 8pm
Wal-Mart will move up the start of its holiday-specials season to 8 p.m. on Thanksgiving Day, two hours earlier than a year ago.
News For WMT From The Last 14 Days
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May 19, 2015
07:22 EDTWMTWal-Mart drops 2% after Q1 earnings miss expectations
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07:21 EDTWMTWal-Mart now sees forex hurting FY16 net sales by $14B
Wal-Mart CFO Charles Holley said on the company's Q1 earnings call that the company expects currency to remain a "significant headwind" for the year. Assuming exchange rates remain where they are today, the impact on full year net sales would be approximately $14B, which compares to guidance in February of approximately $10B. Assuming exchange rates remain where they are today, the impact on FY16 EPS would be approximately 13c per share, compared to prior guidance of 10c per share.
07:18 EDTWMTWal-Mart says Q1 Sam's Club results 'disappointing'
Rosalind Brewer said on Wal-Mart's Q1 earnings call that Samís Club Q1 results were "disappointing, as comp sales missed guidance, and we delivered softer net sales and profit than last year." Sam's Club reported Q1 comp sales without fuel up 0.4%, with traffic down 0.2% and ticket up 0.6%. Sam's Club expects comp sales for the 13-week period ending July 31 to be between flat and up 2%.
07:14 EDTWMTWal-Mart reports Q1 global e-commerce sales up about 17%
Walmart U.S. e-commerce saw double-digit comp growth across many departments, the company said. Walmart U.S. mobile traffic was up over 100% for the quarter Walmart U.S. saw higher conversion rates as well, the company added. Comments from Q1 earnings conference call.
07:05 EDTWMTWal-Mart sees Q2 EPS $1.06-$1.18, consensus $1.17
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07:03 EDTWMTWal-Mart reports Q1 EPS $1.03, consensus $1.04
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May 18, 2015
15:35 EDTWMTWal-Mart May 79.5 weekly straddle priced for 2.4% movement into Q1
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15:15 EDTWMTWal-Mart May weekly volatility increases into Q1 and outlook
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15:00 EDTWMTNotable companies reporting before tomorrow's open
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14:35 EDTWMTWal-Mart technical comments ahead of results
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14:04 EDTWMTEarnings Watch: Wal-Mart sees Q1 EPS 95c-$1.10, U.S. SSS up 1%-2%
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07:21 EDTWMTWal-Mart Q1 should benefit from lower gas, stronger consumer, says Stephens
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06:30 EDTWMTWal-Mart to repair stores in labor dispute, Reuters reports
Wal-Mart said it would seek permits to rip up floors and replace plumping lines at five stores that justified its abrupt closure, reports Reuters. The move follows a union-backed complaint to the National Labor Relations Board last month after Wal-Mart temporarily closed the stores. The union accused the company for shutting down the stores to stop workers from organizing. Reference Link
May 14, 2015
07:58 EDTWMTWal-Mart risk/reward favorable into Q1 results, says Baird
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May 13, 2015
18:09 EDTWMTWal-Mart to launch $50 unlimited shipping service in summer, AP says
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13:28 EDTWMTWal-Mart set to launch Amazon Prime rival, The Information reports
Wal-Mart (WMT) is nearing the launch of a subscription fast-shipping service that will compete with Amazon Prime (AMZN), Amir Efrati of The Information reports, citing people involved with or briefed on the product. The service is an attempt to boost Wal-Mart's online business and should launch in the next few weeks after being pushed back for technical and other issues, Efrati adds. Shares of Amazon are down $2.63 to $428.39 in afternoon trading while Wal-Mart is down 66c to $78.30. Reference Link
13:23 EDTWMTWal-Mart set to launch rival to Amazon Prime, The Information reports
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07:06 EDTWMTAlibaba, Wal-Mart partner on consumer payments, China Daily reports
Alibaba (BABA) announced that it would partner with Wal-Mart (WMT) in China on consumer bill payments, according to China Daily. Under the deal, 25 Wal-Mart stores in the city of Shenzhen will enable consumers to pay their bills through Alibaba's payment service, and the arrangement will be gradually expanded to all of Wal-Mart's stores in China, the newspaper stated. Reference Link
May 12, 2015
09:14 EDTWMTApps World to hold a conference
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08:27 EDTWMTU.S. Chamber of Commerce to hold a summit
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