6:38am ET
Media
Media Digest (12/9/2011) Reuters, WSJ, FT, Bloomberg
Jon Corzine of MF Global says he does not know where much of the firm’s funds went. (Reuters) Samsung wins the legal fight over whether it can sell its tablet PC in…
Companies
/Consumer Defensive
Walmart Inc
$107.50
▼ $0.59 (−0.55%) today
Markets closed · 9:59pm ET
WMT Coverage
Page 1566:16am ET
Investing
Walmart Looks Into Bribery Charges—WSJ
The Wall Street Journal reports that Walmart (NYSE: WMT) has started an investigation of bribery change in some of its overseas operations. The paper reports, The world’s largest retailer said in a regulatory filing…
Douglas A. McIntyre 8:31am ET
Investing
CNBC Survey Shows Holiday Shopping to Rise 22% (WMT, BBY, AMZN, AAPL, GRPN, TIF, M, SKS, TGT)
If the recent CNBC survey of US holiday shoppers accurately portrays what these shoppers plan to spend this year, US retailers can expect a pretty good year. Those surveyed said they plan…
6:50am ET
Retail
Fashion and Financial Failures at Chico’s
Chico’s FAS (NYSE: CHS) said its growth story remains intact, even though consumer spending is expected to remain soft. Additionally, despite falling margins at its flagship stores and rising inventories, the women’s…
6:45am ET
Media
Media Digest (12/7/2011) Reuters, WSJ, NYTime, FT, Bloomberg
The board of Olympus may resign by late February. (Reuters) China says its annual rate of growth slowed between October and November. (Reuters) Congress pressures the CFTC for stronger regulation after the…
4:30am ET
Investing
India Kills Retail Plan The Would Have Helped Walmart (WMT)
A plan approved by India’s cabinet to allow retail firms from outside the country to take control of retailers inside its borders has been killed by the nation’s congress. A number of big…
Douglas A. McIntyre 6:21am ET
Media
Media Digest (12/6/2011) Reuters, WSJ, NYTimes, FT
S&P’s threat of a downgrade of eurozone nations puts huge pressure on the region’s leaders. (Reuters) An independent panel that reviewed the financial activity of Olympus suggests legal action be taken. (Reuters)…
6:51am ET
Retail
E-commerce Continues to Set Records, Advantage to Amazon.com
Holiday e-commerce sales continue to set records. Amazon.com (NASDAQ: AMZN), which is the leader in e-commerce sales by far as a single company, is likely to be among the major beneficiaries of…
6:50am ET
Retail
India’s Retail Plan Kills Its Credibility
The cabinet in India has set new rules that would allow large outside retailers like Walmart (NYSE: WMT) to own 51% of local multiproduct retail establishments. But it appears that parliament will turn down…
Douglas A. McIntyre 8:48am ET
Industrials
More Pain For Research in Motion: Lower Guidance On Playbook Inventory Charge (RIMM, AAPL, AMZN, GOOG, SSNLF, BBY, WMT)
Smartphone pioneer Research in Motion Ltd. (NASDAQ: RIMM) has lowered its third-quarter guidance and said that it will take a “predominantly” non-cash charge of $485 million on its existing inventory of the…
6:42am ET
Investing
The Newest Fortune 100 Companies
Most of America’s largest companies are also among its oldest companies. In fact, many of the Fortune 100 firms are more than a century old. Almost none were founded in the past…
6:31am ET
Investing
More DJIA Stocks Set to Hike Dividends Very Soon (DIS, DIA, T, VZ, CSCO, KO, IBM, JNJ, JPM, MMM, PFE, MRK, WMT, DVY, VIG, PFM, HDV)
Dividends are still rising and equity and income investors should expect more of the same for 2012. The Walt Disney Company (NYSE: DIS) joined in on the dividend hike brigade with another dividend…
9:05am ET
Investing
Groupon Has Impressive October Results–Yipit
The head of Groupon (NASDAQ: GRPN) said the company’s recent performance was strong. He spoke at the end of the firm’s IPO silent period, which drove shares 6% higher yesterday Now there…
6:36am ET
Investing
Hitwise: E-Commerce Surge At Walmart, Target, Best Buy, And JC Penney
Hitwise released its report about e-commerce activity at the top 500 online retailers on Cyber Monday. Overall activity rose 24%, which is in line with other data. The online research firm said…
5:18am ET
Retail
Online Retailers Stealing Bricks And Mortar Business
The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an increase of…