Walmart Inc
NYSE: WMT
$84.47
-$1.03 (-1.2%)
Closing Price on November 14, 2024
WMT Articles
Can Target counter Amazon's acquisition of Whole Foods? Does it have to? Who are the likely prospects?
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Home Depot, Goldman Sachs, Wal-Mart, and UnitedHealth were the leading losers among the Dow 30 stocks on Friday.
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Johnson & Johnson and Merck were the top performers among the Dow 30 stocks Thursday while Goldman Sachs and Wal-Mart were the big laggards.
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These are the top 20 stock buybacks in dollars spent during the first quarter of 2017 of all S&P 500 companies.
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Speculation has arisen that Walmart will try to turn the tables and make a higher bid for the upscale food retailer Whole Foods than Amazon did.
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The top analyst upgrades, downgrades and other research calls from Thursday include Abercrombie & Fitch, Aqua Metals, CarMax, Oracle, Southwest Airlines, Valero Energy and Walmart.
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Whole Foods shareholders have to approve the Amazon deal, and ultimately, if there is another offer, they may have the final decision.
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24/7 Wall St. has taken a look at the earth-shattering events from the past week in the grocery space and given some analysis on how this might impact the rest of the industry.
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While it is too early to say whether Amazon's effect on the entire retail sector will spread to the mammoth local grocery store business, there is little reason to think otherwise.
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The Amazon takeover of Whole Foods has rocked the grocery business, Lyft has seen a boost from rival Uber's unrelenting problems and General Motors said it will bring back some jobs from Mexico.
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Oil giants Chevron and Exxon Mobil posted gains, while Wal-Mart and Nike held the DJIA down Friday, a day when half of the index's 30 stocks posted gains and half posted losses.
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Amazon's $13.7 billion acquisition of Whole Foods looks like a counter move to the recent strength shown by Wal-Mart in online sales. But there's even more at stake than that for Amazon.
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Whole Foods shares were halted in early trading Friday after some Earth-shattering news hit the market. Amazon.com is making an incredibly ambitious purchase and buying out the organic grocer.
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Snap's share price has fallen back to its IPO price, quarterly results at Kroger were disappointing and Bitcoin valuations have collapsed.
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Nike, Goldman Sachs, Visa, and Wal-Mart lead DJIA lower on Thursday.
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