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Morgan Stanley Sees 'Reasonable Goals' At Wal-Mart But Not Enough To 'Shape A Bull Case'
Thursday, April 2, 2015 - 9:18am | 240In a report published Thursday, Morgan Stanley analyst Simeon Gutman discussed a recent meeting with Wal-Mart Stores, Inc. (NYSE: WMT) management that "left a little to be desired." According to Gutman, expectations heading into the meeting were not high as he was hoping to learn greater detail...
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What 1 Analyst Took Away From Wal-Mart's Investor Day
Wednesday, April 1, 2015 - 4:42pm | 372Shares of Wal-Mart Stores, Inc. (NYSE: WMT) closed down 1.8 percent on Wednesday following the company’s investor day. The retailer's U.S. business is undergoing a major restructuring, which management hopes will help deliver stronger same-store sales and profits this year. Wal-Mart U...
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10 Questions Wal-Mart Investors Should Ask On April 1
Wednesday, March 25, 2015 - 11:21am | 367In a report published Wednesday, Deutsche Bank analyst Paul Trussell previewed Wal-Mart Stores, Inc. (NYSE: WMT) upcoming Investor Day scheduled for April 1. Trussell stated that expectations are "low" for new data points but investors will want to focus on the sustainability of...
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Markets Steady Despite Mixed Economic Data
Thursday, July 24, 2014 - 4:42pm | 2792U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...
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Wal-Mart Tabs Greg Foran To Head U.S. Operations
Thursday, July 24, 2014 - 9:05am | 170Wal-Mart Stores (NYSE: WMT) named Greg Foran to head its U.S. operations, the company said Thursday. Walmart U.S. accounted for nearly 60 percent of the company's fiscal 2014 sales. Foran succeeds William M. Simon, who has been in the role since June 2010 and will be "transitioning...