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

BofA/Merrill Lynch Downgrades Wal-Mart (WMT) to Neutral

BofA/Merrill Lynch downgraded Wal-Mart (NYSE: WMT) from Buy to Neutral with a price target of $65.00.

For an analyst ratings summary and ratings history on Wal-Mart click here. For more ratings news on Wal-Mart click here.

Shares of Wal-Mart closed at $60.03 yesterday.

Credit Suisse Downgrades Wal-Mart (WMT) to Neutral

Credit Suisse downgraded Wal-Mart (NYSE: WMT) from Outperform to Neutral with a price target of $62.00 (from $85.00) after the company reset expectations yesterday at its investor meeting.

Analyst M. Exstein commented, "In its meeting with the financial community yesterday, Wal-Mart attempted to "reset"... More

U.S. stocks up on earnings; data lifts dollar, bond yields

By Sinead Carew

NEW YORK (Reuters) - U.S. stocks rebounded from two days of losses to close higher on Thursday, helped by financial sector earnings, while stronger-than-expected economic data boosted the dollar and bond yields.

The dollar was up 0.5 percent after a three-day slide against a basket of currencies, on track for its biggest gain since Sept. 30. after a rise in September core U.S. consumer prices. The data also pushed up U.S. Treasuries yields slightly, as it renewed some hopes for a 2015 Federal Reserve interest rate hike.

In addition, the number of... More

Albertsons to postpone IPO until market improves: source

(Reuters) - U.S. grocery retailer Albertsons Companies Inc (NYSE: ABS) plans to delay its initial public offering beyond Thursday, until market conditions become more favorable, according to a person familiar with the matter.

Albertsons now has no timetable for... More

Notable 52-Week Highs and Lows 10/14: (MCD) (MXIM) High; (WMT) (CPHD) Low

52-Week High:McDonald's (NYSE: MCD) $104.93. Cleveland Research upgraded McDonald's from Neutral to Buy.

Maxim (Nasdaq: MXIM) $39.39. Maxim (Nasdaq:... More

Wal-mart (WMT) Ratings Affirmed by Moody's Amid New Common Stock Buyback Plan Announcement

Moody's Investors Service affirmed all ratings of Wal-Mart Stores, Inc. (NYSE: WMT), including the Aa2 senior unsecured and Prime-1 commercial paper ratings. The stable outlook is continued.

"We view Walmart's announcement today that it is increasing its share repurchase authorization to $20 billion, which is roughly $11 billion in 'new' availability, to be executed over the next two years or so, as within our band of tolerance for the ratings, especially as no new debt is necessary to execute the plan," stated Moody's Vice President Charlie O'Shea. "We have historically factored a reasonable... More

Wal-mart's (WMT) Fall Shows Who the Real Retail Giant Is

Wal-mart's (NYSE: WMT) reign as top retailer took a hit today.

With shares sliding as much as 9.9 percent, Wal-mart's market cap is now below $200 billion.

Amazon.com (Nasdaq: AMZN) is currently trading with a market... More

Streetinsider.com's Hot Lunchtime Reads 10/14: (WMT) (ZFGN) (TRIP) (SRPT)

The following is a list of notable articles to help get you through the lunch hour:Others Will Follow Wal-mart (WMT): Bill Gross ->... More

Others Will Follow Wal-mart (WMT): Bill Gross

Commenting on today's carnage in Wal-mart (NYSE: WMT), Janus Capital's Bill Gross said, "Wal-Mart is visible example of change in profit / labor force imbalance. Others will follow. Negative for risk... More

Wal-mart (WMT) Shareholders Take It On the Chin from Wage Hikes

Shares of retail giant Wal-mart (NYSE: WMT) are reeling after the company issued a steep profit warning... More

Wal-mart (WMT) Updates on Strategic Outlook; Sees FY17 EPS Down 6% - 12% from FY16

Wal-mart (NYSE: WMT) provided its strategic outlook and growth plans for the future at the companys 22nd annual meeting for the investment community. The investments outlined today are part of a framework designed to drive sales growth by strengthening the U.S. and e-commerce businesses. This framework is intended to enhance the experience in stores, leverage Walmarts unique supply chain capabilities to lower costs and build deep digital relationships with customers.

These are exciting times in retail given the pace and magnitude of change. We have strengths and assets to build... More

UPDATE: Target (TGT), Other Retail Peers Trade Lower in Sympathy with Wal-mart (WMT)

(Updated - October 14, 2015 10:54 AM EDT)

Target (NYSE: TGT) traded lower in sympathy with Wal-mart (NYSE: WMT) following comments during Wal-mart's annual meeting. Shares of Wal-mart fell by over 6.4% after it... More

Wal-mart (WMT) Approves $20B Common Stock Buyback Plan

Wal-mart (NYSE: WMT) CFO Holley said the company approves a new $20 billion stock buyback plan.

UPDATE: Wal-mart (WMT) CFO Holley Sees Adding $45B - $60B of Sales in Next Three Years

(Updated - October 14, 2015 10:39 AM EDT)

Wal-mart (NYSE: WMT) CFO Charles Holley says net sales growth relatively flat for 2016.

Holley also said that the company plans to add $45 - $60 billion of sales in the next three years.

UPDATE -... More

Weak U.S. retail sales, inflation data cloud rate hike outlook

By Lucia Mutikani

WASHINGTON (Reuters) - U.S. retail sales barely rose in September and producer prices recorded their biggest decline in eight months, raising further doubts about whether the Federal Reserve will raise interest rates this year.

The weak reports on Wednesday were the latest suggestion that the economy was losing momentum in the face of slowing global growth, a strong dollar, an inventory correction and lower oil prices that are hampering capital spending in the energy sector. Job growth braked sharply in the past two months.

"The softness of September's figures supports our... More

Wall St. falls after Wal-Mart's weak forecast; Netflix down after the bell

By Caroline Valetkevitch

(Reuters) - U.S. stocks fell on Wednesday as Wal-Mart Stores Inc (NYSE: WMT) skidded after issuing a weak profit forecast and as JPMorgan Chase & Co (NYSE: JPM) slipped on disappointing results.

The news added to worries about the outlook for U.S. earnings, with Standard & Poor's 500 profits forecast to have dropped more than 4 percent in the third quarter from a year ago, according to Thomson Reuters data.

After the market close, shares of Netflix (NASDAQ:... More

Global shares, dollar skid on weak U.S. economic data

By Herbert Lash

NEW YORK (Reuters) - Global equity markets slid for a second day and the dollar sank to a seven-week low on Wednesday as weak U.S. retail sales and a drop in producer prices boosted expectations the Federal Reserve will not raise interest rates until next year.

Mixed earnings from major U.S. banks, limp inflation figures from China and further declines in commodities also helped dampen the appetite for stocks and the dollar.

U.S. retail sales rose 0.1 percent last month as cheaper gasoline weighed on service station receipts, while sales in... More