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Stock Market & Financial Investment News

News Breaks
June 17, 2014
06:22 EDTWMTWal-Mart to raise spending on food-safety spending in China to $48.2M, WSJ says
Amid scrutiny of its operations in China, Wal-Mart is planning to triple its spending on food-safety in the country to $48.2M between 2013 and 2015, the Wall Street Journal reports. The funding will go to additional food testing and supplier audits, and the retailer will double its DNA testing on meat products. Reference Link
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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