Cowen Cuts Price target on Wal-mart (WMT) to $66 Following Investor Day

Merchandising & Online and Direct Sales Pivotal to Continued Success in Portable Humidifier Market

October 14, 2015 3:08 PM EDT

SAN ANTONIO, Oct. 14, 2015 (GLOBE NEWSWIRE) -- Verify Markets analysis of the North American Portable Humidifier Market shows that the market is valued at over $400 million in sales for 2014... More

Nurun Appoints Dawn Winchester As Global Managing Director

October 14, 2015 12:54 PM EDT

LONDON, Oct. 14, 2015 /PRNewswire/ -- Publicis Worldwide's global digital agency Nurun, has appointed Dawn Winchester, chief digital officer of Publicis North America, as its Global Managing Director. She will work alongside Steve Tremblay, Nurun's global chief technology officer, and will report on a global level to Arthur Sadoun, CEO, Publicis Worldwide while continuing to report to Andrew Bruce for her North America responsibilities. Winchester will take on a dual capacity across both roles with immediate... More

Walmart strategy drives growth and sustainable returns, Plans $20 billion share repurchase program over two years

October 14, 2015 10:48 AM EDT

The company provided a three-year strategic framework intended to strengthen its U.S. and e-commerce businesses. Net sales growth is expected to range between 3 and 4 percent annually over the next three years, translating to $45 to $60 billion over the period. Investments in people and technology to drive strong shareholder returns over time. Capital investments will be approximately $11.0 billion for fiscal year 2017 and will remain flat in fiscal years 2018 and 2019. This is below the revised fiscal year 2016 estimate of approximately $12.4 billion, primarily due to a moderation of... More

Aurora Brands Announces John J. Ling as New CEO

October 14, 2015 8:02 AM EDT

AURORA, NY -- (Marketwired) -- 10/14/15 -- Aurora Brands, the parent company of the two iconic American home and lifestyle brands MacKenzie-Childs and Jay Strongwater, announces the appointment of John J. Ling as CEO. Ling will take over responsibilities from Lee Feldman, Managing Partner of Twin Lakes Capital.

Following Twin Lakes' acquisition of MacKenzie-Childs in 2008 and Jay Strongwater in 2011, partners Lee Feldman and Howard Cohen took on active CEO and CFO... More

Wal-Mart Stores, Inc. announces FY 2017 earnings calendar, provides agenda for 22nd Annual Meeting for the Investment Community

October 13, 2015 9:55 AM EDT

BENTONVILLE, Ark.--(BUSINESS WIRE)-- Wal-Mart Stores, Inc. (NYSE: WMT) today provided its earnings calendar for fiscal year 2017. The dates are as follows:

First quarter Tuesday, May 17, 2016 Second quarter Tuesday, August 16, 2016 Third quarter Tuesday, November 15, 2016 Fourth quarter Tuesday, February 21, 2017

In addition, Walmart will webcast its 22nd Annual Meeting... More