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The Latest Breaking News from WMT

Here's How Amazon Looks To Cope Up With Booming Demand For Delivery

In late February, Amazon.com Inc (NASDAQ:AMZN) informed its U.S. gig workers who fetch delivery items would become its Whole Foods division's employees with more extended shifts, CNBC reports. Whole Foods' recent job post disclosed that the schedules would be made three weeks in advance and cover two-week periods. The job post contradicted Amazon…

Benzinga

Walmart Plans To Build New Fulfillment Center In Pennsylvania

Walmart Inc (NYSE:WMT) plans to build a new fulfillment center in southern Pennsylvania to support its supply chain network and eCommerce capabilities. The 1.8 million-square-foot Shippensburg facility, slated to open in 2022 spring, will create up to 600 permanent, full-time jobs in the region. The fulfillment centers are focused on storing millions of…

Benzinga

Amazon Confidentially Scooped Veeqo In November

Amazon.com Inc (NASDAQ:AMZN) had confidentially acquired Veeqo in November. The financial terms of the transaction remain undisclosed. Octopus Ventures, an investor in Veeqo, confirmed the deal. Veeqo makes tools to help online businesses sell products on and off Amazon. Amazon, which likely accounts for ~40% of the nation’s e-commerce sales, has long been pursuing…

Benzinga

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Bulls Just Took The Upper Hand In Walmart Stock: Here's Why

Walmart Inc. (NYSE: WMT) shares are trading higher Thursday after the company introduced a low price fee on money transfers for its customers to Mexico.

Benzinga

If You Invested $100 In This Stock 5 Years Ago, Here's How Much You Would Have Today

Walmart (NYSE:WMT) has outperformed the market over the past 5 years by 2.03% on an annualized basis.

Benzinga

3 Big Box Retailers with High-Quality Ratings to Buy in 2022

The retail industry has been accelerating of late, driven by a surge in demand, increased consumer spending, and accelerated digital transformation despite worries about geopolitical strife between Russia and Ukraine and the Fed’s hawkish tilt. Thus, we think it may be profitable to invest in fundamentally sound retail companies Walmart…

StockNews.com

Walmart Relaunches Walmart2Walmart Mexico Money Transfer Program

Walmart Inc (NYSE:WMT) has introduced a low price fee on money transfers for its customers to Mexico. Customers can now send money from any Walmart store in the U.S. to any Walmart store in Mexico for as little as $2.50 per transaction through the Walmart2Walmart money transfer program, powered by Ria Money Transfer.…

Benzinga

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Walmart Launches Virtual Fitting Room Technology: What Investors Need To Know

It appears one of the world's top retailers, Walmart Inc (NYSE: WMT), is making moves to improve its e-commerce business after the company on Wednesday introduced a new and innovative shopping experience that makes it easier for customers to shop for clothes onl

Benzinga

5 Defensive Stocks to Own for Consistent Dividends and Stable Earnings

Concerns over the Russia-Ukraine war and high inflation have significantly affected the global equity markets lately. As the stock market is expected to remain highly volatile in the coming weeks, it could be wise to bet on defensive stocks Walmart (WMT), Novartis (NVS), Merck & Co. (MRK), GlaxoSmithKline (GSK), and…

StockNews.com

3 Mega-Cap Stocks That Handily Beat Earnings Estimates Last Week

The S&P 500 entered correction territory yesterday as the geopolitical conflict between the U.S. and Russia over Ukraine escalated. However, the number of S&P 500 companies topping earnings estimates exceeds the five-year average. Indeed, mega-cap companies NVIDIA (NVDA), Walmart (WMT), and Cisco (CSCO) reported quarterly earnings last week that handily…

StockNews.com

Walmart Whale Trades For February 22

Someone with a lot of money to spend has taken a bearish stance on Walmart (NYSE:WMT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Why Walmart Shares Are Trading Higher Today

Walmart Inc (NYSE: WMT) is trading higher Thursday after the company reported better-than-expected fiscal fourth-quarter financial results, issued guidance and updated its buyback plans.

Benzinga

Walmart Shares Pop On Q4 Earnings Beat; Hikes Dividend

Walmart Inc (NYSE:WMT) reported fourth-quarter FY22 sales growth of 0.5% year-on-year, to $152.87 billion, beating the consensus of $151.54 billion. Walmart U.S. sales increased 5.7% Y/Y, Walmart international sales fell 22.6%, and sam’s club gained 16.5%. Walmart U.S. comp sales (ex. fuel) grew 5.6%. Adjusted EPS of $1.53 beat the analyst consensus of…

Benzinga

Recap: Walmart Q4 Earnings

Walmart (NYSE:WMT) reported its Q4 earnings results on Thursday, February 17, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

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The Guardian - UK

Many UK exporters say Brexit trade deal hurts business; price rises loom; US jobless claims rise – as it happened

Rolling coverage of the latest economic and financial news

Benzinga

Walmart's Earnings Outlook

Walmart (NYSE:WMT) is set to give its latest quarterly earnings report on Thursday, 2022-02-17. Here's what investors need to know before the announcement. Analysts estimate that Walmart will report an earnings per share (EPS) of $1.50.

Benzinga

Cleartrip Picks Yatra As Supplier Of Choice For Domestic Hotels

Yatra Online Inc (NASDAQ:YTRA) is partnering with Cleartrip, owned by the Flipkart Group, part of Walmart Inc (NYSE:WMT). Under the agreement, Cleartrip customers will have access to Yatra.com's Indian inventory of 94,000 hotels and homestays. The partnership is expected to expand and increase opportunities for the hotel partners while enabling both domestic and international travelers…

StockNews.com

3 Discount Store Stocks to Add to Your Dividend Portfolio

Amid increasing inflation, supply chain issues, and a decline in consumer spending, it may be profitable to invest in discount store stocks with high dividend yields. So, here are the three dividend-paying store companies—Walmart (WMT), Costco (COST), and Target (TGT)—that we think are safe bets now. Read on.

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Benzinga

Walmart Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on Walmart. Looking at options history for Walmart (NYSE:WMT) we detected 22 strange trades.

Benzinga

What 4 Analyst Ratings Have To Say About Walmart

Walmart (NYSE:WMT) has observed the following analyst ratings within the last quarter:

StockNews.com

4 Top-Rated Stocks to Buy for Stability in a Volatile Market

The stock market has been suffering worrying fluctuations since the beginning of the year on investors’ concerns over expected interest rate increases by the Federal Reserve to control multi-decade high inflation. So, we think investors that are seeking to sidestep market volatility could bet on quality stocks Walmart (WMT), CVS…

Benzinga

Jim Cramer Sold About Half Of His Walmart Stock Today: Why He Realized The 'Disappointing Loss'

Having traded essentially flat since the end of 2020, Walmart Inc's (NYSE: WMT) stock hasn't done any favors for shareholders recently.

Benzinga

Walmart Invests In Indoor Farming Company Plenty Unlimited

Walmart Inc (NYSE:WMT) has agreed to invest in Plenty Unlimited Inc, an indoor vertical farming company, as part of the $400 million Series E funding round. The company's equity investment is part of a broader strategic partnership to use Plenty's indoor vertical farming technology platform to deliver fresh produce to its retail stores.…

Benzinga

If You Invested $1000 In This Stock 5 Years Ago, Here's How Much You Would Have Today

Walmart (NYSE:WMT) has outperformed the market over the past 5 years by 1.71% on an annualized basis.

Benzinga

Death Cross Looms Over Walmart Investors

If history is any guide, there may be trouble ahead for shares of Walmart (NYSE:WMT). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

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