News: Wal-Mart Stores Inc (WMT)

WMT on New York Consolidated

74.96USD
20 Aug 2014
Price Change (% chg)

$0.08 (+0.11%)
Prev Close
$74.88
Open
$74.83
Day's High
$75.05
Day's Low
$74.51
Volume
4,898,266
Avg. Vol
5,745,906
52-wk High
$81.37
52-wk Low
$71.51

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South Africa's Massmart sees lower FY earnings, shares plunge

JOHANNESBURG, Aug 20 - Massmart Holdings, the South African unit of Wal-Mart Stores, said on Tuesday its first-half earnings fell as much as 29 percent, sending the retailer's shares almost 7 percent lower.

On wings of endangered butterflies, critics attack Florida planned Walmart

MIAMI - A Florida real estate developer is putting on hold plans to build a Walmart store and hundreds of apartments after federal officials last week moved to protect two species of endangered butterflies on the proposed site, a rare tract of forest brimming with wildlife.

On wings of endangered butterflies, critics attack Florida planned Walmart

MIAMI, Aug 19 - A Florida real estate developer is putting on hold plans to build a Walmart store and hundreds of apartments after federal officials last week moved to protect two species of endangered butterflies on the proposed site, a rare tract of forest brimming with wildlife.

UPDATE 1-Market Chatter-Corporate finance press digest

Aug 19 - The following corporate finance-related stories were reported by the media:

Market Chatter- Corporate finance press digest

Aug 19 - The following corporate finance-related stories were reported by the media:

Dollar General enters race for Family Dollar with $8.95 billion bid

- Dollar General Corp offered to buy Family Dollar Stores Inc for $8.95 billion, trumping a bid by Dollar Tree Inc and aiming to strengthen its dominance of a growing segment of retailers serving penny-pinching customers. | Video

UPDATE 7-Dollar General enters race for Family Dollar with $8.95 bln bid

(Adds comments from Carl Icahn, FTC and antitrust lawyer; updates shares)

Robust manufacturing output buoys U.S. economic outlook

WASHINGTON - U.S. manufacturing output rose broadly in July and automobile production recorded its largest increase in five years, boosting the economy at the start of the third quarter.

U.S. retailers feel the pinch as frugal shoppers curb spending

- Weak results from the likes of Wal-Mart Stores Inc and Macy's Inc are the latest sign less affluent U.S. consumers are still pinching their pennies and the trend appears to be hurting upmarket retailers as well. | Video

UPDATE 2-J.C. Penney bucks weak retail sales trend, shares rise

Aug 14 - Department store chain J.C. Penney reported stronger- than-expected quarterly same-store sales, bucking a trend of disappointing sales from peers such as Wal-Mart Stores Inc and Macy's Inc.

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