Walmart raises forecasts, tops sales estimates as lower prices pull in shoppers
Walmart Inc raised its full-year forecasts and beat estimates for second-quarter sales on Thursday, underscoring its strength in
2023-08-17 19:18
Walmart names Sam's Club CEO as head of international division
(Reuters) -Walmart Inc on Wednesday named Sam's Club Chief Executive Kathryn McLay as new head of its international division, succeeding
2023-08-17 04:46
Walmart set to raise its full-year forecast as shoppers stick to essentials
(This Aug. 15 story has been corrected to clarify that CFRA is a research company and not a brokerage firm,
2023-08-17 02:46
Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
2023-08-15 04:22
Disney's ESPN inks $2 billion deal with Penn to launch sports betting business
Walt Disney's ESPN and casino-owner Penn Entertainment have agreed to jointly launch a sports betting business under the
2023-08-09 05:24
KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:58
Regulators fine Wall Street firms $549 million for using WhatsApp and other channels to discuss business
Wells Fargo and a slew of other Wall Street firms admitted Tuesday to using WhatsApp, Signal and other messaging platforms for "off-channel" communications in violation of federal recordkeeping requirements.
2023-08-08 23:16
Americans are pulling money out of their 401(k) plans at an alarming rate
More Americans are tapping their 401(k) accounts because of financial distress, according to Bank of America data released Tuesday.
2023-08-08 21:49
Walmart pays $1.4 billion to boost Flipkart stake - WSJ
Walmart has paid $1.4 billion to buy out a large investor in Flipkart, further cementing its control of
2023-07-31 07:22
Walmart in Mexico posts slightly higher profit amid June sales uptick
MEXICO CITY (Reuters) -Walmart's Mexico unit on Thursday posted a 5% year-on-year rise in its second-quarter net profit, boosted by
2023-07-28 07:18
Bill Gross Selling Regional Bank Holdings After Making ‘Mucho Bucks’
Bill Gross said he’s selling most of his regional bank holdings, three months after buying stocks including Western
2023-07-27 01:47
Bank Stocks Post Best Week Since 2022 as Earnings Spark Jump
US bank stocks were on a tear this week after a deluge of better-than-feared earnings reports lured investors
2023-07-22 04:50