-
#PreMarket Primer: Wednesday, November 12: Banks Fined More Than $3 Billion For Role In Forex Manipulation
Wednesday, November 12, 2014 - 8:44am | 1477Read More...On Wednesday, a Federal probe into the role big banks played in a forex manipulation scheme resulted in huge fines for UBS AG (NYSE: UBS), HSBC Holdings plc (NYSE: HSBC), the Royal Bank of Scotland Group PLC (NYSE: RBS), JPMorgan Chase & Co. (NYSE: JPM) and Citigroup Inc (NYSE: C). The...
-
#PreMarket Primer: Thursday, October 16: This Year's Spending Season Could Be Muted
Thursday, October 16, 2014 - 7:40am | 1283Read More...Despite months of positive growth, consumer spending faltered in September, falling 0.3 percent. The decline came shortly after a report showed that consumer confidence was also weighing on American shopping preferences. Now with the holiday shopping season on the horizon, many retailers worry...
-
Wal-Mart Shareholders Critical at Annual Meeting Despite $15 Billion Buyback Announcement (WMT)
Monday, June 10, 2013 - 12:42pm | 558Read More...Wal-Mart (NYSE: WMT) shareholders are disgruntled, a fact they made abundantly clear at the annual shareholder meeting at the University of Arkansas on Friday. In the wake of a first quarter report that clearly showed the company’s low-income shoppers continue to struggle with unemployment, low...
-
Wal-Mart Talks To Benzinga About Supreme Court Ruling
Monday, June 20, 2011 - 12:58pm | 178Read More...Following today's news that the Supreme Court sided with Wal-Mart (NYSE: WMT) in the biggest sexual discrimination lawsuit ever, the retail company offered comments to Benzinga. Wal-Mart employees had alleged that the company's corporate culture makes it easier for men to advance than women....
-
Goldman Sachs Comments On Wal-Mart 1Q EPS
Tuesday, May 17, 2011 - 9:07am | 84Read More...According to Goldman Sachs, Wal-Mart Stores (NYSE: WMT) reported 1Q operating EPS of $0.98, ahead of its estimate and consensus of $0.97 and $0.95. Goldman Sachs said that better revenues and expense control more than offset declines in the gross margin rate. “Below the EBIT line, higher interest...
-
Citi Comments On Wal-Mart International Conference
Monday, April 4, 2011 - 8:00am | 99Read More...According to Citi, Wal-Mart Stores (NYSE: WMT) released details of international conference. Citi reported that as of the end of 2010, Walmart International sales were 26.1% of total sales. “Sales have grown at a CAGR of +13.0% since 2005, triple the rate of Walmart U.S. and Sam's Club! Looking...
-
Wal-Mart Faces Class Action Lawsuit for Discrimination
Monday, April 26, 2010 - 2:02pm | 69Read More...A San Francisco federal appeals court announced that Wal-Mart is about to face a large class-action lawsuit for discrimination. Why? For repeatedly discriminating against female workers. Specifically, the lawsuit claims that Wal-Mart not only pays female employees less for the same job, but also is...
-
Jack & Jill: Wal-Mart and eBay, Part 2.
Sunday, January 10, 2010 - 10:14pm | 821Read More...In part 1 Jill and I discussed Wal-Mart Stores Inc (NYSE: WMT). In part 2 we discuss eBay Inc (NASDAQ: EBAY)and if it’s a buyer or sellers world. Jill’s eBay Analysis: Selling on eBay is a completely different experience compared to the casino like experience of a buyer. For starters anything...
