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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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January 21, 2015
13:38 EDTWMTEarnings Preview: eBay shares rise over 5.5% since last earnings report
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10:01 EDTWMTOn The Fly: Analyst Downgrade Summary
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06:52 EDTWMTWal-Mart downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley downgraded Wal-Mart to Equal Weight citing balanced risk/reward and lack of margin growth due to potential re-investments.
January 20, 2015
13:01 EDTWMTWal-Mart launches cash pickup option for tax refunds
As Americans begin to file their tax returns, Walmart (WMT) announced the launch of a first-of-its-kind service that allows consumers to “skip the check” and pick up their tax refunds in cash. Walmart Direct2Cash is available nationwide starting today and will help customers save time and money when compared to traditional tax refund options. Walmart is working with Tax Products Group, a Green Dot Company (GDOT), and Republic Bank & Trust Company, member FDIC, two providers of tax-related financial products and services, to provide Walmart Direct2Cash as an option to millions of customers. The more than 25,000 tax preparation locations using software with the Walmart Direct2Cash option may provide this service for no additional fee or charge a maximum of $7 at the time of filing. Walmart does not charge customers a fee when refunds are claimed in a store.
09:44 EDTWMTSupreme Court denies appeal of 'swipe fee' ruling, Reuters reports
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