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Stock Market & Financial Investment News

News Breaks
June 8, 2014
13:55 EDTWMTWal-Mart CEO makes statement regarding New Jersey Turnpike accident
Statement by Walmart U.S. President and CEO Bill Simon regarding the New Jersey Turnpike accident: “We’re praying for the family and friends of the passenger who lost his life in the terrible accident in New Jersey. Our hearts go out to everyone involved and we hope those who were injured get the care that they need and make a full recovery. “This is a tragedy and we are profoundly sorry that one of our trucks was involved. We are working quickly to understand what happened and are cooperating fully with law enforcement to aid their investigation. “The facts are continuing to unfold. If it’s determined that our truck caused the accident, Walmart will take full responsibility. “Safety is our absolute highest priority, but that is no comfort whatsoever to the families and friends who are suffering today. We offer them our deepest condolences. We can’t change what happened, but we will do what’s right for the family of the victim and the survivors in the days and weeks ahead.”
News For WMT From The Last 14 Days
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August 3, 2015
13:32 EDTWMTNY AG confirms toy gun sales settlement with Amazon, Walmart, others
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11:04 EDTWMTAmazon, Wal-Mart, others settle toy gun sales probe in NY, Bloomberg says
Five retailers, including Amazon (AMZN) and Wal-Mart (WMT) have agreed to pay over $300,000 to end an investigation in New York into alleged sales of toy guns that were deemed too realistic, Bloomberg reports. Under an agreement to be officially announced later, the retailers, which also include Kmart, Sears (SHLD), and ACTA, will pay fines and create procedures to ensure that illegal toy guns are not sold in the state of New York, the report says. Reference Link
July 28, 2015
18:08 EDTWMTWal-Mart warns suppliers to comply with labeling laws, WSJ reports
Last week, Wal-Mart sent a memo to hundreds of suppliers warning them to comply with labeling laws, noting that the amount inside a package should match what is printed on the outside, the Wall Street Journal reports. Reference Link
14:55 EDTWMTEarnings Watch: MasterCard reports after peers warn of currency headwinds
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July 24, 2015
06:37 EDTWMTWal-Mart increases offerings in baby category
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July 23, 2015
19:24 EDTWMTWal-Mart's Apple Pay competitor launching soon, Bloomberg says
CurrentC, the mobile payment application funded by Wal-Mart (WMT), Target (TGT), Best Buy (BBY) and others, will see an early trial run next month, Bloomberg reported earlier, citing three people familiar with the situation. A spokesperson for Lowe's (LOW) said the consortium behind the app expects an official launch in Q3, and Bloomberg noted that CurrentC will compete with more "established" offerings such as Apple's (AAPL) Apple Pay and Google's (GOOG) Android Pay. Reference Link
05:08 EDTWMTWal-Mart acquires remaining shares of Yihaodian
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July 22, 2015
13:25 EDTWMTWal-Mart to end overnight hours at certain stores, Bloomberg reports
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08:38 EDTWMTNRF cuts 2015 retail sales growth forecast to 3.5% from 4.1%
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July 20, 2015
13:46 EDTWMTAmazon seen eclipsing Macy's as top U.S. clothing retailer
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