Far from killing retail, as initially feared, Covid-19 wound up being a boon for the industry. It’s the recovery that looks more perilous. The pandemic was a great time for retailers. Consumers were f...
Tag: WMT
PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.
Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday that it had named John Rainey as its chief financial officer. Rainey currently holds the same pos...
Costco Stock Is Challenging Amazon as the Most Richly Valued Retailer
Text size Costco Wholesale continues to grow its membership, to 61.7 million members in the latest fiscal year. Mario Tama/Getty Images Costco Wholesale is challenging Amazon . com as the most richly ...
Walmart Is Removing Cigarettes in Some Stores. Philip Morris and Altria Stock Fall.
Text size Bruce Bennett/Getty Images Shares of cigarette makers fell Monday as Walmart plans to end cigarette sales in some U.S. stores, The Wall Street Journal reported, citing people familiar with t...
Where to buy Walmart (WMT) stock: it has steadily risen over the past month
The price of Walmart (WMT) stock has been on an exponential rise for the past month and investors are positive that the stock shall continue rising as the retailer continues to expand its base. Today,...
Best Buy Stock: Earnings Reveal Tough Christmas Quarter. Company Raises Dividend.
Text size Best Buy is contending with short-term headwinds, but the electronics retailer is expecting business to pick up by fiscal 2025. Scott Olson/Getty Images Best Buy stock rose Thursday despite ...
Coke, Walmart, and 8 More Companies That Boosted Their Stock Dividends
Text size Things go better with Coke, as the company’s long-ago jingle proclaimed. Things are also going better for the beverage company’s stockholders, thanks to the news that its dividend will be in...
Walmart (WMT) earnings Q4 2022
A worker delivers groceries to a customer’s vehicle outside a Walmart Inc. store in Amsterdam, New York, on Friday, May 15, 2020. Angus Mordant | Bloomberg via Getty Images Walmart topped quarte...
Forget About Inflation. Contrarians Expect a Recession and a Drop in Bond Yields.
“Something that everyone knows isn’t worth knowing,” as the famed financier Bernard Baruch once observed. And so I was reminded by a long discourse in the New York Times this past week on why bond yie...