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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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October 31, 2014
07:37 EDTWMTAmira Nature Foods expands U.K. distribution with Wal-Mart's Asda
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06:09 EDTWMTWal-Mart expands discounts for upcoming 2014 holiday season
Wal-Mart announced that on November 1, the retailer will reveal its first round of 2014 holiday season discounts on over 20K items. The company promises that it will be announcing additional deals and savings throughout the holiday season. Reference Link
October 30, 2014
12:43 EDTWMTWal-Mart to close 30 underperforming stores in Japan
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08:54 EDTWMTWal-Mart considers matching online prices from Amazon for holidays, WSJ says
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06:28 EDTWMTMajor merchant group could accept NFC technology, NY Times says
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06:04 EDTWMTMCX says unauthorized parties obtained email addresses of CurrentC participants
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October 29, 2014
11:48 EDTWMTCurrentC mobile payment system endures breach, Business Insider says
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07:53 EDTWMTMCX member stores block Apple Pay amid threat of fines, NY Times says
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October 28, 2014
11:44 EDTWMTGameStop weakness on Wal-Mart news a buying opportunity, says Piper Jaffray
Piper Jaffray believes the impact of Wal-Mart (WMT) on GameStop's (GME) used business will be immaterial and views today's pullback as a buying opportunity. Piper notes that the entrance of Wal-Mart into any market should not be taken lightly, but other retailers have tried and failed before to enter the used game business and that Wal-Mart's entry actually refutes the bear thesis on GameStop that the used game business is not attractive. The firm maintains its Overweight rating and $53 price target on GameStop.
10:27 EDTWMTGameStop retreats after Wal-Mart begins selling used video games
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09:08 EDTWMTWal-Mart says 1,700 stores selling pre-owned video games
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06:56 EDTWMTWal-Mart rejecting Apple Pay for consumer 'best interests', Business Insider say
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06:38 EDTWMTApple says Apple Pay in 220,000 locations already, Business Insider reports
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October 27, 2014
07:15 EDTWMTWal-Mart, Best Buy among companies rejecting Apple Pay, Business Insider says
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October 23, 2014
13:40 EDTWMTWal-Mart's Sam's Club offering services to small businesses
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October 22, 2014
09:50 EDTWMTCredit Suisse to hold a field trip
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October 20, 2014
07:42 EDTWMTWal-Mart de Mexico reports Q3 net income 4.87B pesos vs. 5.12B pesos last year
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October 17, 2014
16:55 EDTWMTStocks end volatile week lower amid oil price plunge
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10:23 EDTWMTWal-Mart volatile in mixed trading as it nears 52-week lows
The shares have been trading in a dollar range, but with multiple sweeps higher and lower this morning as price nears the 52-week low at $72.27. At the current price of $73.74, next support is at $73.03, the session low. Resistance is at $74.18, the high of the day.

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