Company
Walmart Inc
NYSE:WMT
Walmart Inc. is a technology-powered omni-channel retailer. The company provides the opportunity to shop in both retail stores and through e-commerce and to access its other service offerings. It offers an assortment of merchandise and services at everyday low prices (EDLP). It operates through three segments: Walmart U.S., Walmart International and Sam's Club.
330 stories · page 1 of 4
Dow slides as rising yields rattle Wall Street
An exasperated President Trump used Truth Social to promise an "economic D-Day"
Nasdaq jumps, Dow slips as Wall Street eyes Nvidia earnings
Markets are in a cautious holding pattern as investors await Nvidia
Archive
Nasdaq, S&P 500 recoup early August losses as US consumer and job data shine
Positive economic data saw US stocks take off
Archive
FTSE 100 Live: Index surges as US retail sales surge; GDP up but productivity falls; Admiral soars
London's blue chips surged on Thursday, after the US boosted by strong retail sales and easing unemployment
Archive
Dow breaks four-day winning streak as November rally takes a hiatus
The Dow closed Thursday down 46 points, 0.1%, at 34,945, the Nasdaq Composite climbed 10 points, less than 0.1%, to 14,114 and the S&P 500 added 5 points, 0.1%, to 4,508
Walmart sets aside US$3.1bn to settle opioid-drug related lawsuits
Walmart has joined other pharmacies in announcing a settlement in opioid-related lawsuits
Walmart, Walgreens and CVS agree to pay $13.8B to settle US opioid claims
CVS said on Wednesday it had agreed to pay about $5 billion over 10 years, and Walgreens said that it had agreed to pay about $5.7 billion over 15 years
FTSE 100 ends lower after UK inflation jump; Wall Street weak on flat retail sales ahead of Fed minutes
At the close, the UK blue-chip index was down 20.31 points, or 0.3% at 7,515.75, above the day’s low of 7,501.54 but well below the session peak of 7,554.04
Walmart raises guidance as second quarter not as bad as feared
Revenues in total rose by 8.4% to US$152.9bn helped by a 6.5% improvement in the US home market.
Walmart expects top-line boost at expense of margins
Inflation, discretionary spending and discounting make for an average outlook for tomorrow’s second quarter earnings
Walmart issues profit warning amid bubbling recession fears
Profit margins and earnings expected to take a second-quarter hit
Hardware & electrical equipment
WalMart eyes benefits of hydrogen delivery vehicles in wider trials
Due to the manifold benefits that hydrogen provides, the company said it is also an option for its long-haul over the road tractors
Walmart prepares to make own cryptocurrency and NFT
The company filed to use its name and logo in augmented and virtual reality, while a Bloomberg article said filing for names like ‘verse to home’ and ‘verse to store’ is a good indicator of its intent to make a virtual shopping experience i
Chemist chains helped drive US opioid crisis, jury concludes
Walmart Inc, CVS Health Corporation and Walgreens Boots Alliance Inc fuelled an opioid crisis in two Ohio counties
Walmart’s third-quarter earnings marginally beat expectations despite supply chain issues
“Our momentum continues with strong sales and profit growth globally,” said CEO McMillon
Fake Walmart litecoin claim sparks chaos on crypto markets
A press release purporting to be from the shopping giant was faked
Walmart sales beat forecasts but profits drop by a third
The world's largest retailer also hiked its sales forecasts for the third quarter and the full year
Archive
Dow ends down more than 250 points after late-session dive
The Dow ended Tuesday down 268 points, 0.8%, at 34,069
Asda announces restructuring with up to 5,000 jobs at risk
A consortium made of billionaire Issa brothers and TDR Capital snapped up the grocer for £6.8bn in October
Archive
Banks, BAT and miners among the big hitters in the coming week, UK inflation and retail data eyed
Both Barclays and Natwest will report final results over the week, while other firms in the diary include trading firm Plus500 and recruitment group Hays
Asda's new owners sell off petrol forecourts to themselves
The new owners also announced a big new debt package to pay for growth plans
Walmart and Asda see sales improve thanks to surge in online demand
There has been a surge in demand for key Christmas products as customers were stocking up earlier than in previous years
US stocks close lower on coronavirus concerns and weak retail data
US retail sales rose 0.3% last month, which confirmed the weakest rate of growth in six months
The new Luddites: Walmart reverses store automation and Primark remains offline
Walmart’s US chief executive was worried about what customers would think seeing robots in the company’s stores
Asda makes net-zero carbon emissions pledge by 2040, opens new sustainability store
It also launched a national price promise that loose and unwrapped products will not cost more than wrapped equivalents
Asda snapped up by billionaire Issa brothers, TDR Capital for £6.8bn
The consortium is acquiring a majority ownership stake in Asda, while seller Walmart will retain an equity investment
Asda interest steps up with private equity groups eyeing £6.5bn deal, says report
Asda is facing a growing threat from discount rivals and online competition from Amazon
Asda gets boost from camping equipment as online sales double
The grocer added it intends to increase the number of delivery slots it has available to one million by 2021
Walmart’s Asda, Lidl to hire temporary staff
Grocers are hiring extra workers as they are faced with unprecedented demand
Weak finish for Asda fails to put a dent in Walmart
Walmart international boss Judith McKenna said last year that the group was “seriously considering” floating Asda
Walmart’s ASDA may lose sales over contract scandal
Analysts say Asda needs to consolidate as a standalone business as it considers a demerger from Walmart
Sainsbury’s boss Mike Coupe set to face a frosty reception at tomorrow’s AGM
The troubled CEO looks set for a pasting on Thursday as questions over strategy and executive pay are likely to bubble over
Investments and investor services
FTSE 100 closes higher again as bullish sentiment continues
Footsie closed around 50 points higher at 7,609 on Wednesday