Walmart Inc
NYSE: WMT
$79.10
-$1.84 (-2.3%)
Closing Price on October 7, 2024
WMT Articles
Wal-Mart (WMT) has signed a deal with Facebook that will allow college roommates to use the social network to help decorate their dorms. The users will take a quiz and then match-up their tastes to...
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Blockbuster (BBI) bought Movielink, a premium video content download service owned by several Hollywood studios. The price was rumored to be $20 million. The move is almost certainly two years too...
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According to Reuters, BNP Pariba suspending three funds due to sub-prime problems in their portfolios. Reuters writes the net income and sales rose at News Corp (NWS). Reuters reports that Wal-Mar...
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First, Wal-Mart (WMT) announced a joint venture with India retailer Bharti Enterprises to begin opening stores in India. But, that was not he end of it. Today, Wal-Mart’s man in India said that the...
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McDonald’s has succumbed to pressure from Chinese groups and will raise its wages in that country. It will also gets it employees new uniforms. Seriously. The fast good chain has been accused of...
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According to Reuters, Bear Stearns (BSC) pushed out one of its presidents after problems that closed two of its hedge funds. Reuters writes that Robert Nardelli, former CEO of Home Depot (HD), will...
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According to Reuters, auto sales in the US dropped in July and imports took more than 50% of the market for the first time as sales dropped shsrply at GM (GM) and Ford (F). Reuters writes that net...
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In 1942, economist Joseph Schumpeter came up with the notion of "creative destruction". The term became more popular in the 1970s and 1980s as Wal-Mart (WMT) ran K-Mart out of town and Xerox (XRX)...
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Word is that Wal-Mart (WMT) will offer a sub-$300 back-to-school PC. Early versions may have Microsoft (MSFT) Windows but DeskTopLinux says that it will ship with Ubuntu Linux soon. Having a such an...
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(AMTD) TD Ameritrade trading up 1% after beating and raising target.(AVCI) Avici Systems trading up 29% on higher revenue guidance after earnings.(BAC) $1.28 EPS vs $1.20 estimate.(CAL) Continental...
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With its US results still in trouble, Wal-Mart (WMT) is turning its attention back to one of its most promising markets–China. According to a report in the Telegraph, the world’s largest retailer...
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Pershing Square Capital now owns 9.6% of the shares of retailer Target (TGT). There had been news that the fund was holding about 5%. Speculation is that Pershing would like to see Target sell its...
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Sometimes the media will take a little bit of news and carry it too far. CNN Money recently speculated that because Wal-Mart had good sales in consumer electronics during the four weeks ending July 7...
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(AA) Alcoa trading up 6% after Rio Tinto gave a higher rival bid over Alcoa’s buyout offer for Alcan.(AAON) AAON announced a 3 for 2 stock split.(AL) Alcan gets a rival $38.1 Billion bid from Rio...
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Wal-Marts’ (WMT) same-store sales were up more than most analysts thought they would be, rising 2.9% in the four weeks ending July 7. Grocery sales did well, but electronics did better. "Sales of...
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