Wal-Mart Stores Inc


  • Market Insider/Tuesday Look Ahead Monday, 22 Oct 2007 | 7:21 PM ET

    As I reported last week, tech was the bright lure in an otherwise fishy market. Well, we saw just how stinky that market could become Friday when not even tech brought buyers in the door. But those buyers were the first ones back in on Monday, and Apple promises to keep the tech fire burning. It reported a 67% jump in fiscal fourth quarter profits earnings to $904 million or $1.01 per share, well above expectations. Apple shares were sharply higher after hours.

  • Stocks Close Higher After Wild Trading Session Monday, 22 Oct 2007 | 4:29 PM ET

    Stocks rallied late in the session to end a seesaw trading session higher as bargain hunters stepped in despite economic concerns and worries about global credit markets. "It seems like a little bit of a bounce back from Friday's Armageddon," said Mike Burnick, director of research at the Sovereign Society.

  • Joe Torre And Wal-Mart's Lee Scott: Parallel Lines? Monday, 22 Oct 2007 | 3:56 PM ET

    The world's largest retailer has spawned this blog's biggest response ever! The anti-Wal-Mart emails (some 655, almost all I would say from Wal-Martwatch.com readers) keep pouring into the Retail Detail inbox. We'll continue to post your thoughts and responses so keep them coming. I've yet to hear from any on the pro Wal-Mart side.

  • SanDisk Debuts Service to Download TV Shows Monday, 22 Oct 2007 | 11:15 AM ET

    Flash memory maker SanDisk on Monday debuted an online video service and a USB flash drive that can carry television programs and videos from a computer for playback on TVs.

  • Dell to Sell PCs, Electronics in Staples Retail Stores Monday, 22 Oct 2007 | 11:12 AM ET

    Dell plans to sell computers and other electronics gear at 1,400 Staples stores, the latest departure from the direct-to-customer business model pioneered by the No. 2 computer maker.

  • Wal-Mart to Gobble Up Rest of Japan Retailer Seiyu Monday, 22 Oct 2007 | 3:41 AM ET

    Wal-Mart Stores will spend up to 100 billion yen ($878 million) to buy out minority shareholders in Japanese supermarket unit Seiyu in an effort to turn around the loss-making chain.

  • Wal-Mart Is Set to Make a Seiyu Wholly Owned Unit Monday, 22 Oct 2007 | 1:23 AM ET

    Wal-Mart Stores is in final talks to buy out minority shareholders in its Japanese unit Seiyu, local media said on Monday, in an effort to turn around the struggling business.

  • Wal-Mart: To Grow or Not to Grow? Sunday, 21 Oct 2007 | 10:43 AM ET

    Twice in the past year, Wal-Mart Stores has given its stock a shot in the arm by announcing plans to rein in expansion in the United States.

  • Wal-Mart Study And My Blog Stir Up The Action Friday, 19 Oct 2007 | 5:42 PM ET

    Wow--I've never had the type or volume of response to a blog posting as I got today! Mention the world's largest retailer and readers and TV viewers take notice. Suggest or discuss whether Wal-Mart has actually had a positive impact on competitive pricing and inflation and you get more than 200 blog responses! At least I did.

  • Wal-Mart Savings Study: My Interview With Author Friday, 19 Oct 2007 | 4:24 PM ET

    As promised, here's the transcript of my interview with Chris Holling of Global Insight. He's the Economist who authored the Wal-Mart savings study that I blogged about yesterday. Here's the explanation of how he came up with the math behind the "Wal-Mart Effect."

  • New Regulations? Food Industry Unlikely to Be Fazed Friday, 19 Oct 2007 | 2:29 PM ET

    Tighter food regulations under consideration could benefit consumers and companies alike, as Congress looks to help the industry through a crisis in confidence driven by a spate of high-profile recalls.

  • Wal-Mart: Really Out To Save You Money? Thursday, 18 Oct 2007 | 6:37 PM ET

    Wal-Mart announced today that it is rolling out a second round of pre-holiday price cuts this time on an additional 15,000 items. The cuts are 20% more than last year, according to Wal-Mart public relations.

  • European Stocks Close Lower on Bank of America Miss Thursday, 18 Oct 2007 | 11:39 AM ET

    European stocks finished in negative territory Thursday, after a sharper-than-expected drop in Bank of America's third-quarter profit caused by the credit crisis dragged financial and banking stocks lower.

  • Wal-Mart Cuts Prices on 15,000 More Items Thursday, 18 Oct 2007 | 10:42 AM ET

    Wal-Mart Stores said Thursday that it is cutting prices on 15,000 more items this week as the world's largest retailer continues its push to boost sales headed into the holiday season.

  • SAP Confident About 2007 After Robust Third Quarter Thursday, 18 Oct 2007 | 3:28 AM ET

    SAP said it should reach the top of its full-year sales guidance range after a solid third quarter in which it met market expectations, and forecast demand for its software would stay strong into 2008.

  • ConAgra Foods said on Thursday that it was voluntarily recalling all varieties of Banquet brand frozen pot pies and all varieties of store brand frozen pot pies following concerns that its poultry pot pie products may be linked to an outbreak of salmonella.

  • Stocks End Lower Amid Selloff in Tech Stocks Thursday, 11 Oct 2007 | 5:42 PM ET

    After hitting record intraday highs, stocks closed lower led by a selloff in tech shares. "We've certainly had a good run in the market and it's been driven by momentum and not necessarily valuation,"  said John Massey, portfolio manager at AIG SunAmerica Asset Management.

  • Same Store Sales: Why Numbers Are So Bad Thursday, 11 Oct 2007 | 3:19 PM ET

    Bloodletting was the term one source used. Bad and weak were the most common and perhaps the most descriptive term was anemic. I am referring, of course, to September's same store sales results. Wall street knew that September's sales would be soft but what the Street didn't know was how widespread the results would be.

  • Retailers Ring Up Weakest Growth in Three Years Thursday, 11 Oct 2007 | 12:13 PM ET
    Cash Register

    September same-store sales growth falls to its slowest pace in three years, forcing a number of retailers to cut their third-quarter earnings forecast.

  • Retail "Food Fight" Eating Up Stocks? Thursday, 11 Oct 2007 | 11:18 AM ET

    A real food fight breaking out over the September retail sales numbers. No hiding the facts: they were below expectations, which had already been lowered. Men's Warehouse, American Eagle, Target, Limited, Nordstrom, JC Penney lowered earnings; Kohl's said earnings would be at the low end of the range.

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