• Walmart's first quarter margins under pressure, e-commerce rebounds

    10 days ago - By Reuters

    NEW YORK - Walmart Inc on Thursday said profit margins during the first quarter remained under pressure due to price cuts and higher freight costs, weighing on its shares even as sales and earnings came in stronger than expected.
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  • Solid Walmart Results Keep Retail Parade Marching, But Bond Yields In Focus

    10 days ago - By Forbes

    The focus this morning is on Wal-Mart earnings, which beat Wall Street analysts' estimates. The company's e-commerce sales rose 33%. However, rising 10-year yields also are getting some attention as they pushed above 3.1% early Thursday.
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  • Walmart Gets Its E-Commerce Mojo Back But Needs Next Steps

    10 days ago - By Washington Post


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  • Ocado shares soar on major deal with Kroger to enter the U.S

    10 days ago - By Reuters

    LONDON - Britain's online supermarket Ocado clinched a game-changing deal with Kroger as its exclusive partner in the U.S., securing its entry into the world's biggest market and sending its shares soaring more than 50 percent on Thursday.
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  • Maersk shares sink, joins others with Iran warning

    10 days ago - By Reuters

    A.P. Moller-Maersk has said it would shut down its business in Iran to abide with reimposed sanctions after Washington pulled the U.S. from a nuclear accord. As Ciara Lee reports, the world's largest container shipping firm also missed first quarter profit expectations and warned trade tensions and politics were clouding its outlook.
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  • U.S. weekly jobless claims rise; unemployment rolls smallest in 45 years

    10 days ago - By Reuters

    New applications for U.S. jobless benefits increased more than expected last week, but the number of Americans on unemployment rolls fell to its lowest level since 1973, pointing to diminishing labor market slack.
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  • Dow Jones Industrial Average Rises As Volatility Continues To Decline

    10 days ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis takes a deep dive into the underlying technicals for the major U.S. averages, which are climbing within striking distance of all-time highs once again.
    Equities opened higher on Wednesday as economic numbers came in as expected. After the prior session's loss, equities were quick to bounce to the upside. The 10YR was still a concern, as it ended at 3.10%. After the Euro close, the major indices continued to move higher, with Semi's again showing strength for the second straight session. The major averages pulled back somewhat...
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  • Walmart U.S. Sales Beat Forecasts as E-Commerce Sales Get Back on Track

    10 days ago - By Fortune

    It looks like Walmart's wmt tepid e-commerce growth over the holiday season may have been a blip after all.
    The mass merchandise retailer said on Thursday that U.S. online sales had risen 33% in the first fiscal quarter of 2018, well above the pace during the fourth quarter last year , and said it continued to believe e-commerce would be up 40% for the full year.
    That came as a relief to investors, who sent shares up 1.4% in premarket trading, given the billions of dollars Walmart has spent in recent years on beefing up its e-commerce muscles to better compete with Amazon.com amzn and on...
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  • Walmart's U.S. e-commerce growth rebounds, shares rise

    10 days ago - By Reuters

    NEW YORK - Walmart Inc, the world's biggest retailer, on Thursday posted a 33 percent rise in U.S. e-commerce sales, rebounding from the 23 percent growth witnessed in the previous quarter, sending its shares up in premarket trade.
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