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Walmart Inc (WMT.N)

WMT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Axis Bank CEO Says Plans To Raise Capital, To Give Timeline at Board Meet
Thursday, 11 Jul 2019 

July 11 (Reuters) - Axis Bank Ltd ::AXIS BANK CEO SAYS WILL CONTINUE TO BUY SHADOW BANKING LOAN POOLS WHENEVER THE OPPORTUNITY ARISES.AXIS BANK CEO SAYS SAYS HAVE PLAN TO RAISE CAPITAL; WILL GIVE TIMELINE AFTER BOARD MEETING ON JULY 20.AXIS BANK CEO SAYS SAYS WILL WAIT FOR TOP COURT VERDICT ON ESSAR STEEL BANKRUPTCY CASE.AXIS BANK SAYS PLANS TO SELL 1 MILLION FLIPKART CO-BRANDED CREDIT CARDS IN A YEAR.  Full Article

Altaire Pharmaceuticals Issues Voluntary Recall Of Multiple Ophthalmic Products Sold At Wal-Mart
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Altaire Pharmaceuticals: :ALTAIRE PHARMACEUTICALS, INC. ISSUES VOLUNTARY RECALL OF MULTIPLE OPHTHALMIC PRODUCTS SOLD AT WAL-MART.ALTAIRE PHARMA - INITIATING RECALL DUE TO CONCERNS ABOUT SUFFICIENCY OF QUALITY ASSURANCE CONTROLS OVER CRITICAL SYSTEMS IN MANUFACTURING FACILITY.ALTAIRE PHARMACEUTICALS - RECALLED PRODUCTS ARE MANUFACTURED AND LABELED EXCLUSIVELY FOR WAL-MART.ALTAIRE PHARMA - NOTIFIED WAL-MART BY E-MAIL ON RECALLS OF PRODUCTS/LOTS IDENTIFIED, WITH SPECIFIC DIRECTIONS FOR RETURN OF ALL UNITS OF IMPACTED LOTS.  Full Article

Walmart Has Discussed The Potential Sale Of Both Bonobos And Modcloth To Separate Outside Buyers- Vox.Com
Wednesday, 3 Jul 2019 

July 3 (Reuters) - :WALMART HAS DISCUSSED THE POTENTIAL SALE OF BOTH BONOBOS AND MODCLOTH TO SEPARATE OUTSIDE BUYER- VOX.COM.WALMART'S JET.COM IS PROJECTING LOSSES OF MORE THAN $1 BILLION FOR ITS U.S. E-COMMERCE DIVISION THIS YEAR - VOX.COM.WALMART HAS DISCUSSED POTENTIAL SALE OF BOTH BONOBOS AND MODCLOTH TO SEPARATE OUTSIDE BUYERS (NOT BUYER) - VOX.COM.  Full Article

Greenspace Brands Says Will See Go Veggie Mexican Shred Go Into About 4400 Walmart Stores
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Greenspace Brands Inc ::GREENSPACE BRANDS TO HOST FOURTH QUARTER AND FISCAL 2019 RESULTS CONFERENCE CALL ON JULY 11, 2019, LAUNCHES A STRATEGIC REVIEW PROCESS AND ANNOUNCES A LARGE DISTRIBUTION WIN FOR PLANT BASED CHEESE BRAND.GREENSPACE BRANDS - DISTRIBUTION WIN WILL SEE GO VEGGIE MEXICAN SHRED GO INTO ABOUT 4400 NEW WALMART STORES ACROSS U.S..  Full Article

Walmart To Enter Into Administrative Agreement With U.S. Environmental Protection Agency
Thursday, 20 Jun 2019 

June 20 (Reuters) - Walmart Inc ::WALMART - ON JUNE 20, AGREED TO ENTER INTO ADMINISTRATIVE AGREEMENT WITH U.S. ENVIRONMENTAL PROTECTION AGENCY FOR 3-YEAR TERM - SEC FILING.WALMART - JUNE 20 ADMINISTRATIVE AGREEMENT WITH EPA REPLACES INTERIM ADMINISTRATIVE AGREEMENT BETWEEN CO AND EPA DATED MAY 28, 2013.  Full Article

Walmart Reaches Agreements With The DOJ And The SEC To Resolve Their FCPA Investigations
Thursday, 20 Jun 2019 

June 20 (Reuters) - Walmart Inc ::WALMART REACHES AGREEMENTS WITH THE DOJ AND THE SEC TO RESOLVE THEIR FCPA INVESTIGATIONS.WALMART - COMPANY HAS ESTABLISHED A GLOBAL ANTI-CORRUPTION COMPLIANCE PROGRAM.WALMART - SETTLEMENT RESOLVES SEVEN-YEAR GOVERNMENT INVESTIGATION.WALMART - AS PART OF RESOLUTION, WALMART ENTERED INTO A NON-PROSECUTION AGREEMENT WITH DOJ.WALMART - DOJ WILL NOT PROSECUTE COMPANY IF, FOR A PERIOD OF THREE YEARS, COMPANY MEETS ITS OBLIGATIONS SET FORTH IN AGREEMENT.WALMART - AGREED TO ADMINISTRATIVE ORDER WITH SEC TO RESOLVE SEC FINDINGS ON VIOLATIONS OF FCPA'S BOOKS & RECORDS AND INTERNAL CONTROLS PROVISIONS.WALMART - WMT BRASILIA S.A.R.L. HAS ENTERED A GUILTY PLEA IN U.S. DISTRICT COURT FOR EASTERN DISTRICT OF VIRGINIA AS PART OF AGREEMENT WITH DOJ.WALMART - ALSO AGREED WITH DOJ TO OVERSIGHT BY AN INDEPENDENT COMPLIANCE MONITOR WITH A LIMITED SCOPE FOR A PERIOD OF TWO YEARS.WALMART - WALMART HAS AGREED TO REPORT TO SEC ON ITS ANTI-CORRUPTION COMPLIANCE PROGRAM FOR A PERIOD OF TWO YEARS.WALMART - $4.3 MILLION PENALTY, INCLUDING FORFEITURE, AGAINST WMT BRASILIA S.A.R.L. WILL BE DEDUCTED FROM AMOUNT OWED BY CO UNDER NON-PROSECUTION AGREEMENT.WALMART - $282.7 MILLION AMOUNT WALMART AGREED TO PAY AS PER DOJ AND SEC SETTLEMENTS WILL NOT MATERIALLY IMPACT WALMART'S FINANCIAL RESULTS.  Full Article

Walmart ordered by judge to pay $101.9 mln in California wage statement, meal break case
Saturday, 1 Jun 2019 

June 1 (Reuters) - u.s. Judge orders walmart to pay $101.9 million in california class-action lawsuit over wage statements, compensation for missed meal breaks -- court ruling:.  Full Article

UK's CMA Issues Further Notice On Sainsbury-Asda Deal
Thursday, 23 May 2019 

May 23 (Reuters) - UK's CMA::UK'S CMA - GIVES NOTICE OF PROPOSED ORDER TO REMEDY, MITIGATE OR PREVENT SLCS AND ANY CUSTOMER DETRIMENT IDENTIFIED IN REPORT ON SAINSBURY-ASDA DEAL .UK'S CMA - REPRESENTATIONS MADE IN RESPONSE TO NOTICE REGARDING SAINSBURY-ASDA DEAL SHOULD REACH CMA BY 24 JUNE.  Full Article

Massmart Says HY Headline Earnings May Be At Least 50% Lower Than Prior Period
Thursday, 23 May 2019 

May 23 (Reuters) - Massmart Holdings Ltd ::FOR FIRST 20 WEEKS OF 2019 FINANCIAL YEAR, MASSMART'S SALES OF R33.5BN REPRESENTED TOTAL GROWTH OF 6.1% AND COMPARABLE SALES GROWTH 4.1%.FOR FIRST 20 WEEKS OF 2019 FINANCIAL YEAR TOTAL SALES GROWTH FROM OUR SOUTH AFRICAN (SA) STORES WAS 5.4%.FOR FIRST 20 WEEKS OF 2019 FINANCIAL YEAR TOTAL SALES GROWTH IN FOOD WAS 7.3%, LIQUOR 13.3%, DURABLE GOODS 2.2% AND HOME IMPROVEMENT 4.3%.APRIL 2019 YEAR-TO-DATE EBIT FOR ALL FOUR DIVISIONS IS BELOW EQUIVALENT PRIOR YEAR FIGURES.HIT BY MARGIN PRESSURE FROM LOWER SALES PARTICIPATION IN HIGHER-MARGIN DURABLES, HOME IMPROVEMENT CATEGORIES, PRESSURE FROM EXPENSE GROWTH.HY OPERATING EBITDA MAY BE AT A LEVEL SIMILAR TO PRIOR PERIOD (JUNE 2018: R1 211M).HY HEADLINE EARNINGS AND HEADLINE EARNINGS PER SHARE MAY BE AT LEAST 50% LOWER THAN PRIOR PERIOD (JUNE 2018: R204M).  Full Article

Walmart Qtrly Walmart U.S. Comp Sales Up 3.4%
Thursday, 16 May 2019 

May 16 (Reuters) - Walmart Inc ::WALMART QTRLY EARNINGS PER SHARE $1.33; QTRLY ADJUSTED EARNINGS PER SHARE $1.13.WALMART QTRLY TOTAL REVENUE WAS $123.9 BILLION, UP 1%.EXCLUDING CURRENCY, QTRLY TOTAL REVENUE WAS $125.8 BILLION, UP 2.5%.Q1 EARNINGS PER SHARE VIEW $1.02, REVENUE VIEW $125.03 BILLION -- REFINITIV IBES DATA.QTRLY WALMART U.S. COMP SALES UP 3.4%.QTRLY WALMART U.S. ECOMMERCE SALES UP 37%.QTRLY NET SALES $122.95 BILLION VERSUS $121.63 BILLION.QTRLY ADJUSTED EPS EXLCLUDES AN UNREALIZED GAIN, NET OF TAX, OF $0.20 ON CO'S EQUITY INVESTMENT IN JD.COM.QTRLY WALMART U.S. NET SALES $80.34 BILLION VERSUS $77.75 BILLION.QTRLY WALMART INTERNATIONAL NET SALES $28.78 BILLION VERSUS $30.26 BILLION.QTRLY SAM’S CLUB NET SALES $13.83 BILLION VERSUS $13.62 BILLION.QTRLY SAM'S CLUB COMPARABLE SALES, WITHOUT FUEL, UP 0.3%.QTRLY TOTAL U.S. COMPARABLE SALES, WITHOUT FUEL, UP 2.9%.  Full Article