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Walmart's stock sliding, Netflix to report, and Uber expands

Yahoo Finance
Yahoo Finance

U.S. stocks are having an up-and-down day. The major indicies (^DJI, ^GSPC, ^IXIC) climbed off the open before sliding into the red. One of the biggest movers lower was Walmart. CEO Doug McMillion says he expects sales at the world's largest retialer to be flat for fiscal year 2016 and investors reacted with a sell-off to the tune of about 9%. McMillion's comments, coupled with a mixed retail sales report, dragged down some other big retailers such as target (TGT), Costco (COST) and Sears (SHLD).

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Here are some of the other stories Yahoo Finance is keeping an eye on today:

Netflix to report
Netflix (NFLX) is set to report after the bell today. The streaming darling said in July it expected to add more than a million new domestic subscribers and 2.4 million internationally. CEO Reed Hastings has announced the second price hike for new subscribers in 18 months. Can the company keeps costs down even as they grow their original offerings?

Martha Stewart's missed opportunity
Kmart could have been KMartha... that would be if Martha Stewart had her way. The Associated Press reports that Stewart regrets not buying the retailer outright when she had the chance. While she once had a cozy relationship with the discount store she parted ways with the company in 2009.

Uber expands delivery service
Uber is unveiling an expanded version of its delivery service, UberRush. If you live in New York City, Chicago or San Francisco, Uber will deliver items including clothes, food, and flowers to your door.