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Stock Market & Financial Investment News

News Breaks
December 12, 2012
11:42 EDTWMTWal-Mart gaps down, levels to watch
The stock gapped down at the open, and is trading close to the lows of the session at time of writing. The company is under investigation in India for lobbying activities according to a report in the WSJ. The CEO of Wal-Mart also commented that the "Fiscal cliff" is impacting its shoppers. Next support is at $68.68. Resistance is at $69.69.
News For WMT From The Last 14 Days
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April 28, 2015
07:01 EDTWMTVIVUS announces discount program through Sam's Club for Qsymia
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April 27, 2015
20:03 EDTWMTBest Buy's use of Apple Pay raises questions about Wal-Mart's MCX, Re/code says
Best Buy (BBY) announced it will accept Apple (AAPL) Pay in its stores later in the year, reports Re/code, citing company statements. Re/code notes that the move raises questions about Best Buy's previously announced partnership with rival payment consortium MCX, spearheaded by Wal-Mart (WMT). A Best Buy spokesperson said it is "too early to declare" whether the company will use MCX's platform at launch, while multiple sources claimed the delay in implementing Apple Pay is partly due to exclusivity agreements with MCX. Reference Link
06:15 EDTWMTWal-Mart fighting for right to sell more alcohol in Texas, WSJ reports
Wal-Mart (WMT) is fighting for the right to sell more alcohol in Texas, The Wall Street Journal reports. The retailer is suing the Texas Alcoholic Beverage Commission, claiming legal limits on sales of hard liquor are "unconstitutional," the publication says. Wal-Mart has also joined fellow retailers Costco (COST) and Kroger (KR), as well as other groups, to back legislation that would override the current state beverage laws. Reference Link
April 23, 2015
19:56 EDTWMTWal-Mart blocks shareholder vote to examine possible gender bias, Guardian says
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April 21, 2015
06:18 EDTWMTUS merchants struggle to meet deadline for accepting chip cards, WSJ reports
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April 20, 2015
12:31 EDTWMTWal-Mart workers claim store closings are retaliatory, Fortune says
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April 17, 2015
15:42 EDTWMTWal-Mart to slash layer of in-store management, Bloomberg reports
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April 16, 2015
06:05 EDTWMTFormer Wal-Mart CEO Duke heads to Carlyle Group, WSJ reports
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April 14, 2015
18:32 EDTWMTCourt rules Wal-Mart can reject shareholder proposal on gun sales, WSJ says
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