The Most Important Thing to Stop the Bloodletting in Wal-Mart (WMT) Stock
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Wal-Mart (WMT) Bucks Market Downdraft as Dividend Approaches 3%
August 20, 2015 10:30 AM EDTNotably Wal-Mart (NYSE: WMT) is up (+0.3%) in a sea of red. Yesterday, dividend support was highlighted at Credit Suisse.
... MoreCowen Remains Bullish on Target (TGT) Following Signature Changes
August 20, 2015 8:02 AM EDTCowen maintained an Outperform rating and $90.00 price target on Target (NYSE: TGT) following signature changes. Analyst Oliver Chen views TGT's newness in signature categories, in particular, the strength in home/ apparel is showing structural improvement in traffic trends. Cowen is hosting the... More
UBS Cuts Price Target on Wal-mart (WMT) to $75 Following 2Q16
August 19, 2015 10:07 AM EDTUBS maintained a Neutral rating on Wal-Mart (NYSE: WMT), and cut the price target to $75.00 (from $80.00) Wal-mart (NYSE: WMT), following the company's 2Q16 earnings results. The company reported its 2nd strongest quarter of traffic growth since 3Q10. WMT reported... More
Wal-Mart's (WMT) Q2 Results Were 'Mixed Bag', Says Deutsche Bank
August 18, 2015 1:15 PM EDTDeutsche Bank affirmed a Hold rating on Wal-Mart (NYSE: WMT) but trimmed its price target to $76.00 (prior $80.00). The change follows Q2 results, which analyst Paul Trussell called a "mixed bag."
"2Q was a mixed bag as comp surprised to the upside at 1.5%,... More
Wal-Mart profit misses estimates; cuts outlook as pharmacy margins bite
August 18, 2015 7:19 AM EDTBy Nathan Layne
(Reuters) - Wal-Mart Stores Inc (NYSE: WMT) reported weaker quarterly earnings and lowered its annual forecast on Tuesday, as it copes with higher labor costs, a squeeze on pharmacy margins and sliding sales at its British supermarket chain.
Shares of the world's largest retailer fell 3 percent to $69.75 after trading at its lowest in 2-1/2 years.
The results showed how a move to lift wages and other costs have kept Wal-Mart from taking full advantage of a strengthening U.S. economy, although there was a bright spot in its report: a fourth... More
Wal-mart (WMT) Misses Q2 EPS by 4c; Lowers Outlook
August 18, 2015 7:02 AM EDT(Updated - August 18, 2015 7:06 AM EDT)
Wal-mart (NYSE: WMT) reported Q2 EPS of $1.08, $0.04 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $120.2 billion versus the consensus estimate of $119.77 billion. On a constant currency basis, total revenue was $124.5... More
