6 Most Important Things in Business Today
Philip Morris expands its smokeless cigarette business, Walmart to be more aggressive with shipping options for the holiday season, and other important business headlines.
Philip Morris expands its smokeless cigarette business, Walmart to be more aggressive with shipping options for the holiday season, and other important business headlines.
Investors may have been worried last week that the sky was falling, but Tuesday was a different story. Suddenly investors felt better and were more upbeat.
Walmart announced Tuesday morning that it is cutting fiscal year 2019 earnings per share guidance by about 8% due to dilution related to its $16 billion acquisition of Flipkart.
When old-line retailers begin to crumble and then go under, the major culprit for causing the demise is usually identified as Amazon.com. For Sears, that is only moderately true.
Walmart on Friday announced its acquisition of online intimate apparel retailer Bare Necessities. This marks the latest in a string of acquisitions and partnerships Walmart has announced over the past year or…
Walmart on Thursday announced another step into the world of streaming video. The company is creating a joint venture with video technology startup Eko to create content for the world's largest brick-and-mortar…
Macy's will open on Thanksgiving this year. That will give it a head start over some other retailers. But will it be enough to matter?
The top analyst upgrades, downgrades and initiations seen on Tuesday included Apple, Baker Hughes, Blackbaud, Box, CSX, Intuit, Mylan, Tesla, Vodafone and Walmart.
Walgreens, Walmart, Coca-Cola, and Travelers lifted the Dow to a modest gain after an awful start Monday.
Walmart and MGM Studios are about to announce a partnership under which MGM will provide original content for Walmart's Vudu streaming video service.
The top analyst upgrades, downgrades and initiations seen on Monday included Apple, Baker Hughes, Conagra Brands, Facebook, General Electric, Halliburton, Petrobras, Schlumberger, Vodafone and Walmart.
Goldman Sachs is the Dow's worst-performing stock for the year to date for the second consecutive week. New CEO David Solomon took over on Monday and he has his work cut out…
With tax breaks providing additional income, and companies raising salaries in some cases, it should be a jolly season for the big retail players.
Goldman Sachs has dropped into the Dow cellar after shares lost more than 4.5% last week. Next week the bank welcomes new CEO David Solomon who is taking over from Lloyd Blankfein.
It seemed that Walmart shares were on the right track after its most recent earnings report. But its good quarter has been buried by Amazon's success.