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'We Just Move Quick': The Story Of Algomus, A Startup That's Streamlining Big Data With AI
Tuesday, October 3, 2017 - 9:13am | 1079It’s been less than a year since the startup Algomus launched its collaborative intelligence platform Algo, and the company has taken on clients ranging from Hollywood studios to appliance manufacturers, many of which are Wal-Mart Stores Inc (NYSE: WMT) suppliers. The 2.0 version of Algo...
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Deutsche Bank: Kroger Likely To Improve In Q2, Shares 'Attractive' Despite Competitive Pressure
Friday, September 1, 2017 - 12:25pm | 618Kroger Co (NYSE: KR) shares have dropped 11 percent since Amazon.com, Inc. (NASDAQ: AMZN) bought Whole Foods in June, and the stock has been hit harder by the deal than it deserves, according to Deutsche Bank. The Cincinnati-based grocery chain reports second-quarter results on Sept. 8. The Amazon-...
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If Two-Day Shipping Is 'Table Stakes' For Wal-Mart, It Should Go 'All In'
Tuesday, January 31, 2017 - 3:56pm | 376Wal-Mart Stores Inc (NYSE: WMT) believes two-day shipping is merely "table stakes" then the company has no choice but to go "all in" to beat Amazon.com, Inc. (NASDAQ: AMZN) According to Gadfly's Shelly Banjo, Wal-Mart's move to ditch its ShippingPass program is the...
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Markets Inch Higher Following Encouraging Beige Book Commentary
Wednesday, December 3, 2014 - 6:11pm | 923U.S. stocks were mostly higher as the Dow and S&P 500 closed the day at record highs. The Fed's Beige book contained positive commentary on improved employment with “widespread” gains across all 12 districts. Manufacturing activity improved in most districts along with...
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Wal-Mart Grades Its Thursday Shopping Event As 'Awesome'
Friday, November 28, 2014 - 9:05am | 175The holiday shopping season officially began on Thursday with many retailers enticing customers with exclusive deals and door busters. Wal-Mart Stores, Inc. (NYSE: WMT) self-proclaimed on Friday that it performed "awesome." "Last night was awesome!," Wal-Mart's Senior Vice President of...
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Drug Retailers Block Apple Pay, Rival Product May Be Introduced
Monday, October 27, 2014 - 9:01am | 282Drug retailers Rite Aid Corporation (NYSE: RAD) and CVS Health Corp (NYSE: CVS) will not offer customers the opportunity to pay for purchases with Apple Inc.'s (NASDAQ: AAPL) mobile wallet system, Apple Pay. According to the New York Times, the move to block out Apple Pay is due...