Wal-Mart Warned Us: Weak Consumers Mean Weak Sales
source: http://www.flickr.com/photos/evanobrandon/ Wal-Mart Stores (NYSE:WMT) stock closed Wednesday’s regular session up a fraction at $78.90, but shares fell as much as 2 percent in early trading...
View ArticleThursday’s Midday Movers: 3 Stories Driving Markets
The major U.S. markets were slowly moving higher on Thursday after incoming Federal Reserve Chair Janet Yellen made her remarks on the nation’s economy. As of noon: DIJA: +0.18% to 15,850.14 S&P...
View ArticleOh, Canada: Target Misses the Mark with Q3 Earnings
Target (NYSE:TGT) shares were falling Thursday after the retailer released its fiscal third-quarter earnings and investors were forced to weigh a falling earnings figure and lowered outlook. The...
View ArticleWal-Mart Stumbles on Weak Sales: Are Neighborhood Markets the Fix?
Source: http://www.flickr.com/photos/fruitnet/ When you’re the world’s largest retailer and the second-largest public corporation on the planet, Wall Street sets high expectations. Unfortunately (or...
View ArticleAnalyst to Wal-Mart: Buy Family Dollar for Small-Format Expansion
When Wal-Mart Stores (NYSE:WMT) reported yet another quarter of disappointing sales on Thursday, not all onlookers were surprised. The retailer has been warning investors for months now that its...
View ArticleThe Economy, Food Stamps, and What’s Eating Wal-Mart
Source: http://www.flickr.com/photos/76657755@N04/ When you’re the world’s largest retailer and the second largest public corporation on the planet, Wall Street sets high expectations. These...
View ArticleWal-Mart CFO: The Ice Is Melting on Our Frozen Sales
Will March really go in like a lion and out like a lamb? Wal-Mart Stores (NYSE:WMT) sure hopes so, and it’s no big mystery why. Though the discount retailer has suffered struggling sales for a while...
View ArticleWal-Mart Spends $439M Investigating Foreign Bribery Charges
Source: Thinkstock In April 2012, The New York Times reported that Wal-Mart Stores (NYSE:WMT) paid $24 million in alleged bribes in Mexico, and in addition, made $16 million in “donations” to Mexican...
View ArticleIs the Stage Set for Wal-Mart to Underperform?
Source: Getty Images It looks like winter got the best of Wal-Mart (NYSE:WMT) this year. The big-box retailer reported on Wednesday that first-quarter sales increased just 0.8 percent on the year,...
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