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Walmart Announces Pay Increases, Expanded Benefits After Tax Cut
Thursday, January 11, 2018 - 10:40am | 400Wal-Mart Stores Inc (NYSE: WMT) announced a pay increase for more than 34,000 of its workers in April 2015. Not even three years later, the retail giant announced another bump and additional benefits for its employees. What You Need To Know In 2015, Walmart promised to pay all of its employees at...
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So Long, Wal-Mart Stores: Hello, Walmart
Wednesday, December 6, 2017 - 3:04pm | 328Wal-Mart Stores Inc (NYSE: WMT) will soon be known simply as Walmart. What You Need To Know Walmart confirmed Wednesday two changes to its official corporate name. First, it will drop the dash between "Wal" and "Mart." Second, it will be dropping the "Stores"...
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Cramer: Walmart Investors Owe CEO Doug McMillon A Big Thank You
Monday, November 27, 2017 - 12:31pm | 456It’s one thing to come up with a turnaround story for a major corporation. But actually implementing that plan and proving it to be a successful one can be very difficult. Wal-Mart Stores Inc (NYSE: WMT) investors should consider themselves among the lucky few investors who have experienced a...
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Walmart Comfortable With Outlook, Underlines E-Commerce Focus
Tuesday, October 10, 2017 - 9:05am | 653Wal-Mart Stores Inc (NYSE: WMT) shares are rallying pre-market trading in reaction to a press release from the company earlier Tuesday, where it detailed its forward guidance, buyback plans among other metrics. The release came ahead of the retail giant's annual meeting for the investor...
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Walmart's Q2 Top- And Bottom-Line Beats Not Enough To Boost Shares Higher
Thursday, August 17, 2017 - 8:53am | 465Wal-Mart Stores Inc (NYSE: WMT) reported early Thursday morning top- and bottom-line beats in its second-quarter earnings report but failed to impress investors with its guidance. Shares of Wal-Mart were trading lower by around 2.50 percent after the company said it earned $1.08 per share in...
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Cramer: The Only Way To Beat Amazon Is Merging Microsoft And Walmart
Friday, July 21, 2017 - 1:35pm | 417Can any one retailer or company stand up to the task of dethroning Amazon.com, Inc. (NASDAQ: AMZN)'s dominance? The answer is no, at least according to Jim Cramer who thinks it will take a combination of two of the biggest Dow 30 components to take on the tech behemoth. In order for Wal-Mart Stores...
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Wal-Mart Hits New 52-Week Highs As Q1 Impresses Investors
Thursday, May 18, 2017 - 7:53am | 438Shares of Wal-Mart Stores Inc (NYSE: WMT) were trading higher by more than 3 percent early Thursday morning after the company reported first-quarter results. Should the stock hold on to its pre-market gains, it will open above its prior 52-week high of $77.05. Wal-Mart reported earned $1.00 per...
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Wal-Mart CEO Issues 3 Predictions For The Future Of Retail
Tuesday, January 10, 2017 - 12:48pm | 388Here it is from the horse's mouth ... Retail behemoth Wal-Mart Stores, Inc. (NYSE: WMT)'s CEO Doug McMillon has offered his predictions for the future of retail. In a blog post in the company's website on January, McMillon outlined his three predictions. The piece was originally published on...
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Despite Rumors Of Another Bidder, Wal-Mart Was Only Company Looking To Buy Jet.Com
Tuesday, August 9, 2016 - 10:43am | 335Wal-Mart Stores, Inc. (NYSE: WMT)'s $3 billion purchase of Jet.com has been confirmed, but some investors are justified in asking the question why did the retailer agree to buy the ecommerce startup for a hefty premium? As reported by The Wall Street Journal, Jet.com was valued at $1.35...
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Wal-Mart Confirms $3 Billion Deal For Jet.com
Monday, August 8, 2016 - 10:06am | 336Wal-Mart Stores, Inc. (NYSE: WMT) and Jet.com, Inc. confirmed earlier reports by announcing they have reached a definitive agreement. This is considered a step in the right direction to take on Amazon.com, Inc. (NASDAQ: AMZN) within the e-commerce space. Accordingly, Wal-mart would buy Jet for...
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HedgeEye Thinks Wal-Mart's E-Commerce Business Is 'Unacceptable'
Thursday, May 19, 2016 - 8:51am | 356Shares of Wal-Mart Stores, Inc. (NYSE: WMT) were trading higher by more than 8 percent early Thursday morning as the company's first-quarter top- and bottom-line beat is impressing investors following a slew of poor earnings from retailers. However, not everyone is convinced. Brian McGough of...
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Wal-Mart's Crashing Because It Over-Earned (Here's How To Play The Dip)
Wednesday, October 14, 2015 - 2:44pm | 826Shares of Wal-Mart Stores, Inc. (NYSE: WMT) plummeted more than 9 percent Wednesday morning. Wal-Mart said it expects 2017 earnings per share to decline between six and 12 percent in fiscal 2017 and beyond. Wal-Street's top retail analysts were mixed following the announcement....
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Wal-Mart's CEO Explains Why The Company Has Finally Bitten The Bullet On Raising Minimum Wage
Thursday, February 19, 2015 - 5:45pm | 344Wal-Mart Stores, Inc. (NYSE: WMT) announced better-than-expected fourth-quarter results Thursday. The company also announced a hike in minimum wage for its part-time and full-time employees, raising it to $9 per hour starting this year in April and $10 per hour from February next year. Doug...
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Wal-Mart CEO Doug McMillon: Mobile Is Taking Over
Thursday, December 4, 2014 - 11:00am | 360Black Friday and Cyber Monday sales are out and it seems like brick and mortar giant, Wal-Mart Stores, Inc.(NYSE: WMT) is now also giving tough competition to its online counterparts. Wal-Mart announced having sold more goods than ever on a single day this Cyber Monday. Wal-Mart’s new CEO...
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5 Big Companies Seriously Investing In 3D Printing
Monday, July 28, 2014 - 12:38pm | 896Although 3D printers haven't exactly reached mass-market status, that doesn't mean the technology hasn't caught the attention of some big names. Here are five companies that have shown much more than passing interest in 3D. General Electric General Electric’s (NYSE: GE)...