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Walmart Inc (WMT.N)

WMT.N on New York Stock Exchange

112.05USD
20 Aug 2019
Change (% chg)

$-1.76 (-1.55%)
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Volume
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Latest Key Developments (Source: Significant Developments)

JD.com Joint Venture in Talks to Raise $500 Million in U.S. IPO- The Information
Friday, 16 Aug 2019 

Aug 16 (Reuters) - :JD.COM JOINT VENTURE IN TALKS TO RAISE $500 MILLION IN U.S. IPO - THE INFORMATION.DADA-JD DAOJIA, A JOINT VENTURE CONTROLLED BY JD.COM AND 10% OWNED BY WALMART, IS IN TALKS WITH BANKERS TO LIST SHARES IN THE U.S. NEXT MAY- THE INFORMATION.  Full Article

Massmart Sees HY Headline Loss Per Share Between 240.5 Cents To 249.8 Cents
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Massmart Holdings Ltd ::SALES AND BUSINESS UPDATE AND TRADING STATEMENT FOR THE 26 WEEK PERIOD ENDED 30 JUNE 2019.FOR 26 WEEKS, CO'S SALES OF R43.8BN REPRESENT TOTAL GROWTH OF 5.5%, COMPARABLE SALES GROWTH OF 3.6%, WITH YTD PRODUCT INFLATION OF 2.7%.MARGINS WERE LOWER THAN ANTICIPATED ACROSS ALL DIVISIONS IN MAY AND JUNE.26 WEEKS TOTAL SALES GROWTH FROM SOUTH AFRICAN (SA) STORES WAS 4.9%, WHILE SAME FIGURE FROM OUR EX- SA STORES WAS 11.8% IN RANDS.SEES HY HLPS 240.5 TO 249.8 CENTS.SALES GROWTH SLOWED NOTICEABLY IN SIX-WEEK PERIOD SINCE PREVIOUS UPDATE WITH TOTAL GROWTH OF 3.3% AND COMPARABLE GROWTH OF ONLY 1.9%.SEES HY BASIC LOSS PER SHARE 264.3 TO 273.2 CENTS.  Full Article

Walmart Announces Executive Shuffle To Further Integrate Stores And Digital - CNBC
Friday, 19 Jul 2019 

July 19 (Reuters) - :WALMART IS BRINGING U.S. SUPPLY CHAIN TEAMS TOGETHER, WHICH WILL BE LED BY GREG SMITH- CNBC.WALMART ANNOUNCES EXECUTIVE SHUFFLE TO FURTHER INTEGRATE STORES AND DIGITAL - CNBC.  Full Article

Postmates Has Explored A Sale To Uber Or Doordash Instead Of Going Public - Vox
Friday, 12 Jul 2019 

July 11 (Reuters) - :POSTMATES HAS EXPLORED A SALE TO UBER OR DOORDASH INSTEAD OF GOING PUBLIC - VOX.  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

Walmart: listing Seiyu while keeping majority stake in line with strategy
Wednesday, 26 Jun 2019 

June 26 (Reuters) - Walmart Inc ::WALMART EXEC SAYS LISTING SEIYU UNIT IN JAPAN, WHILE WALMART KEEPS MAJORITY STAKE, IN LINE WITH COMPANY'S GLOBAL STRATEGY -STATEMENT.  Full Article

Perrigo Issues Voluntary Recall For Parent's Choice Advantage Infant Formula Milk-Based Powder With Iron
Friday, 21 Jun 2019 

Perrigo Company PLC ::PERRIGO ISSUES VOLUNTARY RECALL FOR PARENT'S CHOICE ADVANTAGE INFANT FORMULA MILK-BASED POWDER WITH IRON.PERRIGO - ISSUING VOLUNTARY NATIONWIDE RECALL OF 35-OUNCE, 992-GRAM CONTAINERS OF PARENT'S CHOICE ADVANTAGE INFANT FORMULA MILK-BASED POWDER WITH IRON.PERRIGO COMPANY - THE RECALL IS BEING CONDUCTED IN CONSULTATION WITH U.S. FOOD AND DRUG ADMINISTRATION (FDA).PERRIGO COMPANY PLC - PARENT'S CHOICE ADVANTAGE INFANT FORMULA MILK-BASED POWDER WITH IRON PRODUCT IS SOLD EXCLUSIVELY AT WALMART.PERRIGO - PARENT'S CHOICE ADVANTAGE INFANT FORMULA MILK-BASED POWDER WITH IRON BEING RECALLED DUE TO POTENTIAL PRESENCE OF METAL FOREIGN MATTER.PERRIGO - PARENT'S CHOICE ADVANTAGE INFANT FORMULA MILK-BASED POWDER RECALL IS OUT OF AN ABUNDANCE OF CAUTION STEMMING FROM A CONSUMER REPORT.PERRIGO COMPANY - TOTAL NUMBER OF CONTAINERS OF PARENT'S CHOICE ADVANTAGE INFANT FORMULA MILK-BASED POWDER WITH IRON AFFECTED BY RECALL IS 23,388.  Full Article

Fitch Says New U.S., China Trade Restrictions Could Be Broadly Disruptive
Monday, 10 Jun 2019 

June 10 (Reuters) - Fitch::FITCH SAYS NEW U.S., CHINA TRADE RESTRICTIONS COULD BE BROADLY DISRUPTIVE.FITCH SAYS A POSSIBLE BLACKLISTING OF U.S. COMPANIES AS RETALIATION FOR RESTRICTIONS ON HUAWEI WOULD BE DISRUPTIVE FOR U.S. TECHNOLOGY SECTOR.FITCH SAYS A BAN ON RARE EARTH METALS EXPORTS TO U.S. AS RETALIATION FOR RESTRICTIONS ON HUAWEI WOULD BE DISRUPTIVE FOR U.S. TECHNOLOGY SECTOR.FITCH SAYS FINANCIAL EFFECTS OF TRADE RESTRICTIONS ON TECH COS GETTING SIGNIFICANT REVENUE FROM CHINA/USING RARE EARTH MINERALS IN MANUFACTURING MAY BE MATERIAL.FITCH SAYS IT IS TOO EARLY TO ASSESS POTENTIAL CREDIT IMPLICATIONS ON TECH COS DUE TO NEW U.S., CHINA TRADE RESTRICTIONS.FITCH - BELIEVE EFFECTIVENESS OF UNILATERAL SANCTIONS WILL BE COMPLICATED BY CHINA'S DEPENDENCE ON CRITICAL COMPONENTS MADE BY FOREIGN COS, EXPORTS.FITCH SAYS SANCTIONS AGAINST QUALCOMM, CISCO AND GOOGLE ARE VIEWED AS LESS LIKELY AS CHINA IS DEPENDENT ON THEIR TECHNOLOGIES.FITCH SAYS LARGE RETAILERS INCLUDING WALMART, AMAZON MAY BE LESS VULNERABLE TO SANCTIONS DUE TO THEIR GLOBAL SCALE AND CHINA'S RELIANCE ON EXPORTS.FITCH SAYS VIEWS APPLE, DELL, HP AS POTENTIAL BLACKLIST CANDIDATES IF CHINA BLACKLISTS U.S. COMPANIES IN RETALIATION FOR RESTRICTIONS ON HUAWEI.FITCH SAYS BANS FOR NATIONAL SECURITY REASONS, ASSUMING CHINA'S ACTIONS ALIGN TO THOSE OF U.S., MAY ALSO BE A REACH FOR U.S. RETAILERS.  Full Article

M2e Pro Announces Global Strategic Partnership With Walmart Marketplace
Monday, 13 May 2019 

May 13 (Reuters) - M2E Pro::M2E PRO ANNOUNCES GLOBAL STRATEGIC PARTNERSHIP WITH WALMART MARKETPLACE.  Full Article

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Walmart sues Tesla for negligence after repeated solar system fires

Walmart Inc on Tuesday sued Tesla Inc , accusing it of "widespread negligence" that led to repeated fires of its solar systems and asking a court to force Tesla to remove solar panels from more than 240 of its U.S. stores.