Wal-Mart (WMT) PT Raised to $112 at KeyBanc Following Strong 3Q

Wal-Mart (WMT) PT Raised to $88 at Deutsche Bank

Deutsche Bank raised its price target on Wal-Mart (NYSE: WMT) to $88.00 (from $84.00) while maintaining a Hold rating following solid Q3 results with SSS slightly above views.

Analyst Paul Trussell notes SSS results were solid in 3Q with 10 of 11 markets reporting positive comps as... More

Wal-Mart (WMT) PT Raised to $120 at BofA/Merrill Lynch Following 3Q Release

BofA/Merrill Lynch raised its price target on Wal-Mart (NYSE: WMT) to $120.00 (from $100.00) while maintaining a Buy rating following the company's 3Q. Adjusted EPS of $1.00 (vs. consensus of $0.98) reflected strong WMT US same-store sales of 2.7% (above consensus of 1.7% even excluding the 30-50bps... More

Wal-Mart (WMT) PT Raised to $94 at MKM Partners

MKM Partners raised its price target on Wal-Mart (NYSE: WMT) to $94.00 (from $92.00) while maintaining a Neutral rating following an "impressive" Q3.

Analyst Patrick McKeever notes U.S. comps accelerated to 2.7%, the biggest increase since 1Q09, and Sam's Club notched a slightly better... More

Increasing unusual call option volume: INDA R POST PLD TIME COT FL WMT

Increasing unusual call option volume: INDA R POST PLD TIME COT FL WMT

Wal-Mart (WMT) PT Raised to $110 at Guggenheim

Guggenheim raised its price target on Wal-Mart (NYSE: WMT) to $110.00 (from $100.00) while maintaining a Buy rating.

Wal-Mart (WMT) PT Raised to $110 at Jefferies

Jefferies raised its price target on Wal-Mart (NYSE: WMT) to $110.00 (from $105.00) while maintaining a Buy rating.

Analyst Daniel Binder said the company is finally seeing expense leverage.

Popular options with increasing unusual volume: CSCO WMT CBS BBY

Popular options with increasing unusual volume: CSCO WMT CBS BBY

Pre-Open Movers 11/16: (TIME) (RH) (NTAP) (CSCO) (WMT) Higher; (AXGN) (LB) (APPN) Lower (more...)

Today's Pre-Open Movers

EVINE LIVE (Nasdaq: EVLV) 32.4% HIGHER; Marvin Segel, founder of Segel Vision, LLC, announced today a plan to acquire EVINE LIVE (Nasdaq:... More

Late arrival of iPhone X clouds Best Buy's results

By Uday Sampath Kumar

(Reuters) - Best Buy Co Inc (NYSE: BBY) took a $100 million hit in the third quarter from the late launch of the iPhone X and gave a profit forecast for the holiday period that fell short of analysts' estimates, as it competes in a brutal U.S. retail market.

The United States' largest electronics chain raised its revenue guidance for the full year and said earnings in the crucial fourth quarter when U.S. consumers spend the most would be $1.89 to $1.99 per share, roughly flat from a year earlier.

Wall Street rallies powered by Cisco, Walmart; House tax vote supports

By Rodrigo Campos

NEW YORK (Reuters) - Wall Street's main indexes rose sharply on Thursday boosted by earnings-related gains in Wal-Mart and Cisco, while a tax bill expected to boost corporate earnings passed its first, if smallest, hurdle.

Wal-Mart (NYSE: WMT) surged as much as 11 percent to a record high of $99.68 after reporting its strongest U.S. revenue growth since 2009 and soaring online sales. It ended up 10.9 percent at $99.62.

Cisco (NASDAQ: CSCO) touched $36.67, its highest since February 2001, a day after quarterly profit beat... More

Wal-Mart shares jump on strong U.S. sales growth

By Nandita Bose

CHICAGO (Reuters) - Wal-Mart Stores Inc (NYSE: WMT) reported better-than-expected U.S. comparable sales on Thursday, as customers stocked up on food and other supplies ahead of hurricanes and online purchases soared, sending its shares up more than 8.5 percent.

The third quarter marked Wal-Mart's strongest U.S. sales growth since 2009 despite sluggish demand and competition from Amazon.com Inc (NASDAQ: AMZN) that has hurt brick-and-mortar rivals. The retailer has notched more than three straight years of overall comparable sales growth.

"Momentum... More

Wal-mart (WMT) Tops Q3 EPS by 3c; Raises Outlook

Wal-mart (NYSE: WMT) reported Q3 EPS of $1.00, $0.03 better than the analyst estimate of $0.97. Revenue for the quarter came in at $123.2 billion versus the consensus estimate of $121 billion.

GUIDANCE:

Wal-mart sees FY2018 EPS of $4.38-$4.46, versus the consensus of... More

Options expected to have increasing volume: WMT VIAB RH HAS MAT

Options expected to have increasing volume: WMT VIAB RH HAS MAT

Stocks with Implied Volatility Movement

Wal-Mart (NYSE: WMT) implied volatility has had increased movement

Global stocks, dollar climb as U.S. House OKs tax overhaul

By Caroline Valetkevitch

NEW YORK (Reuters) - U.S. stocks rose and the dollar edged higher against a basket of major currencies on Thursday after the U.S. House of Representatives passed its version of a tax overhaul bill.

Earnings-related gains in Wal-Mart (NYSE: WMT) and Cisco (NASDAQ: CSCO) also boosted stocks, and the MSCI index of world stocks rose after five consecutive daily losses.

The Dow Jones Industrial Average and the S&P 500 chalked up their biggest percentage gains in over two months.

Amazon cuts prices again at Whole Foods ahead of the holidays

By Sruthi Ramakrishnan

(Reuters) - Amazon.com Inc (NASDAQ: AMZN) said on Wednesday it will offer more discounts and steeper price cuts at Whole Foods Market on many organic foods and groceries popular during the holidays.

The plan was announced just ahead of Thanksgiving and is on the heels of price cuts in August when Amazon completed its $13.7 billion acquisition of Whole Foods.

"Price cuts are permanent," Brooke Buchanan, a spokeswoman for Whole Foods, told Reuters in an email.

Investors have been closely watching for price cuts at Whole... More

Wal-Mart (WMT) PT Raised to $100 at Oppenheimer; Sees Continued Momentum

Oppenheimer raised its price target on Wal-Mart (NYSE: WMT) to $100.00 (from $90.00) while maintaining a Outperform rating.

Analyst Rupesh Parikh said WMT remains well positioned to drive both a sales and earnings acceleration in coming quarters.

"A potentially strengthening consumer spending backdrop, benefits from... More

Loblaw says to close 22 stores by early 2018

By Taenaz Shakir

(Reuters) - Canadian grocery and pharmacy chain Loblaw Cos Ltd (NYSE: L) said on Wednesday it would shut 22 unprofitable stores as the company revamps its business in the face of challenges in a brutal retail environment.

Like many other Canadian retailers, Loblaw has lost market share to bigger rivals like Wal-Mart (NYSE:... More

Target signals another weak holiday quarter, shares tumble

By Richa Naidu and Sruthi Ramakrishnan

(Reuters) - Target Corp's (NYSE: TGT) holiday-quarter profit forecast fell short of analyst expectations, sending its shares down 10 percent on Wednesday as hopes faded that the retailer would make a shopping season comeback.

Target has missed Wall Street's fourth-quarter profit expectations for the past two years. It is gearing up for the holidays by cutting prices and introducing delivery options to compete with Wal-Mart Stores Inc (NYSE: WMT) and online sellers, moves that can lure customers but crimp margins.