Wal-Mart (WMT) Sell-Off Punishes Market Vectors Retail ETF (RTH)
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Wal-Mart (WMT) Sees Mid-day Weakness, Shares Down 1.8%
April 18, 2013 11:55 AM EDTWal-Mart Stores Inc. (NYSE: WMT) is seeing notable mid-day weakness which appear to be related to negative analyst commentary about weak trends.
The comments are in contrast to earlier comments from Jefferies, which said business is tracking around flat, which is in-line with plan.
Shares are down 1.8 percent.... More
Jefferies Bullish on Wal-Mart (WMT) into Q1 Earnings
April 18, 2013 7:59 AM EDTJefferies reiterated a Buy rating and $88 price target on Wal-Mart (NYSE: WMT) ahead of Q1 earnings season for the hardline retailers and Wal-Mart's own results on May 16.
"We think the US business is on plan to be at least flat and could be... More
