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Walmart Inc (WMT.N)

WMT.N on New York Stock Exchange

91.08USD
18 Dec 2018
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Latest Key Developments (Source: Significant Developments)

A.G. Underwood Sues Target, Walmart, Importer Larose Industries Over Sales Of Lead-Contaminated Toys
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - NY A.G. Underwood::NY A.G. UNDERWOOD SUES TARGET, WALMART, AND IMPORTER LAROSE INDUSTRIES OVER SALES OF LEAD-CONTAMINATED CHILDREN’S TOYS IN NEW YORK.NY A.G. UNDERWOOD - COS ALLEGEDLY COMMITTED VIOLATIONS OF MULTIPLE STATE LAWS BY SELLING “CRA-Z-JEWELZ” JEWELRY-MAKING KITS WITH HIGH LEAD CONTENT.NY A.G. UNDERWOOD SAYS TOY PARTS CONCERNED CONTAINED TOXIC LEAD AT LEVELS UP TO 10-TIMES GREATER THAN THE FEDERAL LIMIT.NY A.G. UNDERWOOD - SUIT AGAINST TARGET, WALMART SEEKS MONETARY PENALTIES, COURT ORDER TO ENSURE "DANGEROUS TOYS" STAY OFF STORE SHELVES.NY A.G. UNDERWOOD - TARGET, WALMART HAVE REFUSED REQUESTS FROM AG’S OFFICE TO TAKE AFFIRMATIVE MEASURES RELATED TO LEAD-CONTAMINATED CHILDREN’S TOYS.  Full Article

UK's CMA Comments On Sainsbury's/Asda Judicial Review Application
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - UK's CMA::UK'S CMA ISSUES STATEMENT ON SAINSBURY’S/ASDA JUDICIAL REVIEW APPLICATION.IF IT GIVES SAINSBURY'S, ASDA EXTRA TIME, IT WOULD PUT ABILITY TO COMPLETE INVESTIGATION BY REQUIRED DEADLINE AT "VERY SERIOUS RISK".HAVE DONE EVERYTHING TO AID SAINSBURY'S, ASDA IN REVIEW, INCLUDING EXTENDING ADMINISTRATION TIMELINES WHERE APPROPRIATE.  Full Article

Walmart Announces Plans To Acquire The Assets Of Art.Com
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - :WALMART ANNOUNCE PLANS TO ACQUIRE THE ASSETS OF ART.COM.  Full Article

Walmart To Acquire Home Decor Site Art.Com - CNBC
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - :WALMART TO ACQUIRE HOME DECOR SITE ART.COM - CNBC.THE VALUE OF THE WALMART-ART.COM DEAL ISN'T DISCLOSED - CNBC.  Full Article

Walmart Says EVP Jacqueline Canney Reports Open Market Sale Of 4,026 Shares Of Co's Common Stock-SEC Filing
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Walmart Inc ::WALMART SAYS EVP JACQUELINE CANNEY REPORTS OPEN MARKET SALE OF 4,026 SHARES OF CO'S COMMON STOCK AT $97.95PER SHARE ON NOVEMBER 19 - SEC FILING.  Full Article

Walmart Reports Q3 Earnings Per Share $0.58
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Walmart Inc ::QUARTERLY EARNINGS PER SHARE $0.58.QUARTERLY ADJUSTED EARNINGS PER SHARE $1.08.QUARTERLY TOTAL REVENUE $124.9 BILLION VERSUS $123.2 BILLION.EXCLUDING CURRENCY, QUARTERLY TOTAL REVENUE WAS $126.1 BILLION, UP $2.9 BILLION, OR 2.4%.QUARTERLY NET SALES $123.90 BILLION VERSUS $122.14 BILLION.QUARTERLY ECOMMERCE SALES AT WALMART U.S. UP 43 PERCENT.QUARTERLY WALMART U.S. COMP SALES GREW 3.4 PERCENT.QUARTERLY WALMART U.S. NET SALES $80.58 BILLION VERSUS $77.72 BILLION.QUARTERLY WALMART INTERNATIONAL NET SALES $28.79 BILLION VERSUS $29.55 BILLION.QUARTERLY SAM'S CLUB NET SALES $14.52 BILLION VERSUS $14.86 BILLION.QUARTERLY SAM'S CLUB COMP SALES, WITHOUT FUEL UP 3.2 PERCENT.QUARTERLY TOTAL U.S. COMP SALES, WITHOUT FUEL UP 3.4 PERCENT.  Full Article

Claim Against Flipkart's Bansal Was Of Sexual Assault - Person Familiar With Matter
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - :CLAIM AGAINST BINNY BANSAL AT FLIPKART WAS OF SEXUAL ASSAULT - PERSON FAMILIAR WITH MATTER.CLAIM AGAINST FLIPKART'S BANSAL CAME TO LIGHT IN LATE JULY - PERSON FAMILIAR WITH THE MATTER.ALLEGATION AGAINST FLIPKART'S BANSAL WAS BY A FORMER ASSOCIATE WHO WAS NOT WITH FLIPKART AT THE TIME - PERSON FAMILIAR WITH THE MATTER.INVESTIGATION INTO FLIPKART'S BANSAL CONCLUDED VERY RECENTLY - PERSON FAMILIAR WITH THE MATTER.INCIDENT RELATED TO FLIPKART'S BANSAL'S MISCONDUCT HAPPENED A FEW YEARS AGO - PERSON FAMILIAR WITH MATTER.INVESTIGATION INTO FLIPKART'S BANSAL'S MISCONDUCT COULD NOT CORROBORATE THE ALLEGATION - PERSON FAMILIAR WITH MATTER.  Full Article

Walmart Announces Binny Bansal's Resignation As CEO Of Flipkart
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Walmart Inc ::SAYS EARLIER TODAY, BINNY BANSAL ANNOUNCED HIS RESIGNATION AS CEO OF FLIPKART GROUP, EFFECTIVE IMMEDIATELY.SAYS RESIGNATION "DECISION FOLLOWS INDEPENDENT INVESTIGATION DONE ON BEHALF OF FLIPKART AND CO INTO AN ALLEGATION OF SERIOUS PERSONAL MISCONDUCT".SAYS BANSAL "STRONGLY DENIES ALLEGATION".SAYS INVESTIGATION DID NOT FIND EVIDENCE TO CORROBORATE COMPLAINANT'S ASSERTIONS AGAINST BINNY.SAYS GOING FORWARD, KALYAN KRISHNAMURTHY WILL CONTINUE TO BE CEO OF FLIPKART.SAYS INVESTIGATION REVEALED "OTHER LAPSES IN JUDGEMENT", PARTICULARLY A "LACK OF TRANSPARENCY", RELATED TO HOW BANSAL "RESPONDED TO SITUATION".SAYS ANANTH NARAYANAN TO CONTINUE PROVIDING LEADERSHIP AS CEO OF MYNTRA AND JABONG, AND WILL REPORT INTO KALYAN - SEC FILING.SAYS SAMEER NIGAM WILL CONTINUE LEADING PHONEPE AS CEO.SAYS BANSAL HAS BEEN "CONTEMPLATING A TRANSITION" FOR SOME TIME, COS BEEN WORKING TOGETHER ON SUCCESSION PLAN, WHICH HAS NOW BEEN ACCELERATED.  Full Article

Genpact Says Partners with Walmart to Launch Digital Hub in Bentonville
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Genpact Ltd ::GENPACT LTD - PARTNERS WITH WALMART TO TRANSFORM WALMART'S FINANCE & ACCOUNTING BACK-OFFICE OPERATIONS LOCATED IN BENTONVILLE.GENPACT - WALMART'S BENTONVILLE-BASED FINANCE SOLUTIONS ASSOCIATES AFFECTED BY TRANSITION TO BE OFFERED EMPLOYMENT AT CO'S NEW DIGITAL INNOVATION HUB.  Full Article

Synchrony Issues Statement In Response To Lawsuit By Walmart
Friday, 2 Nov 2018 

Nov 1 (Reuters) - Synchrony Financial ::SYNCHRONY ISSUES STATEMENT IN RESPONSE TO LAWSUIT BY WALMART INC..BELIEVE WALMART'S COMPLAINT IS "COMPLETELY BASELESS AND WITHOUT MERIT", AND CO INTEND TO VIGOROUSLY DEFEND ITS POSITION.COMMITTED TO ENFORCING TERMS OF ITS CONTRACT WITH WALMART.  Full Article

UPDATE 1-Trump bans 'bump stocks' used in Las Vegas mass shooting

WASHINGTON, Dec 18 The Trump administration on Tuesday banned the high-power gun attachments of the type used in last year's Las Vegas shooting massacre of 58 people, giving the owners of "bump stocks" 90 days to turn in or destroy the devices and blocking owners from being able to register them.