The WMT stock price is down 18.11% in the last year, and we just found another major bearish warning for the stock.
You see, Wal-Mart Stores Inc. (NYSE: WMT) is falling behind rivals in the explosive e-commerce marketplace despite heavy spending.
By Diane Alter, Contributing Writer, Money Morning -
The WMT stock price is down 18.11% in the last year, and we just found another major bearish warning for the stock.
You see, Wal-Mart Stores Inc. (NYSE: WMT) is falling behind rivals in the explosive e-commerce marketplace despite heavy spending.
And that will have a major impact on the WMT stock price for the rest of the year...
By Diane Alter, Contributing Writer, Money Morning -
The WMT stock price is down 18.11% in the last year, and we just found another major bearish warning for the stock.
You see, Wal-Mart Stores Inc. (NYSE: WMT) is falling behind rivals in the explosive e-commerce marketplace despite heavy spending.
And that will have a major impact on the WMT stock price for the rest of the year...
By Diane Alter, Contributing Writer, Money Morning -
Wal-Mart stock is outperforming the Dow Jones Industrial Average this year, having climbed 8% compared to a loss of 6% for the Dow.
That's left investors wondering if they should buy Wal-Mart stock after earnings.
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
Stock market news today, Thursday, April 2, features a big wage announcement from MCD, a WMT stock sell-off, GoDaddy's second day on the New York Stock Exchange, and more.
U.S. stock futures forecasted a 12-point retreat from yesterday's close.
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
The Dow Jones today soared 154 points as U.S. markets posted their largest gains in five weeks on Wednesday. Federal Reserve Bank of Chicago President Charles Evans urged the central bank to be "exceptionally patient" when deciding a timeframe on increasing interest rates.
Here are the top stories from the stock market today...
By Diane Alter, Contributing Writer, Money Morning -
A bad year to date for retailers doesn't appear to be getting any better.
Macy's Inc. (NYSE: M) stock swooned 5% to $56 Wednesday after reporting Q2 earnings shy of estimates and trimming its sales outlook for the full year.
By Diane Alter, Contributing Writer, Money Morning -
2014 Q2 Earnings Calendar: The unofficial start to earnings season launches today (Tuesday) with Alcoa Inc. (NYSE: AA) reporting second quarter numbers after the close.
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
Stock market news today, June 6, 2014: The Dow Jones Industrial Average reached a record high again on Thursday after the European Central Bank announced plans to cut interest rates and possibly consider stimulus efforts. The ECB slashed its main refinancing rate to a historic low from 0.25% to 0.15%. It also cut its deposit rate to -0.1%.
Here are the top stories to watch to make your Friday profitable:
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
Penny stocks to watch 2014: The best penny stocks can have huge profit potentials, and investors who buy in at the right time can see huge gains in a matter of days. But first, investors need to know where to look...
Some of the top penny stocks have been in on the ground-floor of burgeoning markets, while others have been the takeover targets of large corporations. Pharmaceutical companies working on breakthrough drugs can also be big winners.
With that in mind, here are three of the best penny stocks to watch in 2014…
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
Sears stock (Nasdaq: SHLD) slumped 4% in premarket trading this morning (Thursday) before announcing financial results for its first quarter, which ended May 3. Overall, Sears posted a loss of $2.24 per share, vastly widening from Q1 2013's loss of $1.29 per share. The numbers were way off from analysts' more optimistic expectations of a projected loss of $1.91 per share. Revenue fell 6.8% to $7.88 billion.
Not much has changed in recent years for the retailer, which merged with Kmart in 2005.
You see, today's earnings are just another "nail in the coffin" in a long line of hits to SHLD stock - in fact, they mark 28 straight quarters of revenue drops for the retailer.
Here’s why investors should continue to steer clear of this “death watch” stock…
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
Wal-Mart has been in the hot seat lately over low wages, and now its own shareholders have reason to complain. A perfect storm of controversy, bad weather, retail headwinds, and restructuring have the world’s biggest retailer on the ropes.
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
Thursday, Wal-Mart Stores Inc. (NYSE: WMT) will report fourth-quarter earnings before opening bell. A challenging retail environment and recent restructuring are likely to keep Wal-Mart from beating - or even meeting - expectations.
That's just one reason investors should steer clear of Wal-Mart stock.
The retail superstore has missed Wall Street expectations in three of the last eight quarters and averages a 1% stock loss in the week following earnings.
This time around, it is expected to report fourth-quarter earnings per share (EPS) of $1.37 on revenue of $130.55 billion, compared with a profit of $1.67 per share on revenue of $127.92 billion in the same quarter a year ago.
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By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
Cisco stock (Nasdaq: CSCO) plunged 7.17% today, and Wal-Mart (NYSE: WMT) stock 2.6%, after disappointing earnings reports drove investors to sell.
Cisco announced plans to cut 4,000 more jobs (5% of its global workforce); the sales forecast for the quarter came in surprisingly low.
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