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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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September 17, 2014
09:45 EDTWMTWal-Mart faces criticism for dismissing China workers, Bloomberg reports
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06:06 EDTWMTWal-Mart to pay $66,000 to settle false advertising investigation with NY AG
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September 16, 2014
13:52 EDTWMTWal-Mart finalizes Coca-Cola ad agreement in New York, Bloomberg says
New York attorney general Eric Schneiderman said that Wal-Mart (WMT) charged New York customers more for Coca-Cola (KO) products than stated in national circulars, going against inaccurate advertising regulations, according to Bloomberg, citing a statement from Schneiderman. The retailer will pay a $66K penalty to settle the matter. Reference Link
09:36 EDTWMTActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL NFLX TSLA YHOO FB PBR MU AA TWTR WMT
06:49 EDTWMTWal-Mart spokesman steps down due to resume fib, Bloomberg says
The Chief spokesman for Wal-Mart, David Tovar, stepped down after the retailer learned a nearly 20-year fabrication in his official resume, according to Bloomberg, citing a person familiar with the situation. Reference Link
05:50 EDTWMTWal-Mart, AutoInsurance.com announce national expansion
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September 15, 2014
09:59 EDTWMTOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: American Realty (ARCP) initiated with an Overweight at JPMorgan... Athlon Energy (ATHL) initiated with a Buy at KLR Group... Capital Product (CPLP) initiated with a Buy at Jefferies... Continental Resources (CLR) initiated with a Buy at Canaccord... Costco (COST) initiated with a Buy at Citigroup... Infinera (INFN) initiated with an Outperform at Barrington... NRG Yield (NYLD) initiated with an Outperform at RBC Capital... PTC Therapeutics (PTCT) initiated with a Buy at Deutsche Bank... Power Solutions (PSIX) initiated with an Outperform at Northland... ServiceNow (NOW) initiated with an Outperform at William Blair... Target (TGT) initiated with a Neutral at Citigroup... Team (TISI) initiated with a Neutral at Sidoti... VeriFone (PAY) initiated with a Buy at Monness Crespi... Wal-Mart (WMT) initiated with a Neutral at Citigroup... Whiting Petroleum (WLL) initiated with a Buy at Canaccord... Winnebago (WGO) initiated with an Outperform at BMO Capital.
06:13 EDTWMTWal-Mart initiated with a Neutral at Citigroup
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September 12, 2014
05:51 EDTWMTStocks with implied volatility movement; XHB WMT
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September 11, 2014
12:52 EDTWMTWal-Mart to sell iPhones below suggested prices, Cnet reports
Wal-Mart will begin taking preorders for Apple's (AAPL) iPhone 6 and iPhone 6 Plus for $179 and $29 respectivelytomorrow, and customers who pre-order the iPhnoes will also receive a $15 e-gift card from Wal-Mart, Cnet reported last night. Apple had said it was selling the iPhones for $199 and $299. Reference Link
07:13 EDTWMTSome retailers wary of Apple Pay platform, Reuters says
Apple (AAPL) Pay's success is dependent on incorporating more large retailers such as Wal-Mart (WMT) and Best Buy (BBY) into the service, but both retailers recently ceased accepting payments using NFC terminals, according to Reuters, citing comments from Best Buy spokesman Jeff Shelman. Shelman said, "At this point we have no plans to accept Apple Pay." Reference Link
September 5, 2014
08:21 EDTWMTWal-Mart seeks lower rent, more control with China mall, China Daily says
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September 3, 2014
11:42 EDTWMTWal-Mart de Mexico scales back 2014 store expansion plans, WSJ says
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