|Bid||2.2200 x 200000|
|Ask||2.2400 x 200000|
|Day's Range||2.2000 - 2.2800|
|52 Week Range||1.8600 - 2.8800|
|Beta (5Y Monthly)||0.02|
|PE Ratio (TTM)||21.57|
|Forward Dividend & Yield||0.05 (2.10%)|
|Ex-Dividend Date||Jun 22, 2020|
|1y Target Est||N/A|
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in May 2020.
The European Commission on Wednesday unveiled a historic plan to invest billions of euros into a greener future as part of its recovery from the coronavirus-induced economic crisis. In a budget proposal, the commission is seeking €750bn for a recovery programme that would dole out grants and loans to member states that prioritise spending for green projects.
United Parcel Services Inc. (NYSE: UPS) is imposing an additional fee for delivery requests from e-commerce companies that is common during peak seasons, Reuters reported Thursday.The move will come into effect on May 31 and apply to "large, high-volume shippers and companies that send oversized items," according to Reuters.Major UPS clients include Amazon.com Inc. (NASDAQ: AMZN), Walmart Inc. (NYSE: WMT), and Target Corporation (NYSE: TGT), and all these companies are likely to be affected by the latest policy.The e-commerce companies have seen a sudden rise in business as authorities across the United States lifted the lockdowns and the companies are planning to restart deliveries of non-essential items.Delivery services like UPS, or rival FedEx Corporation (NYSE: FDX), typically impose these surcharges during the holiday season shopping surge.UPS and FedEx are also set to benefit from Amazon reportedly suspending its delivery service for third-party sellers on its platform starting June 1.UPS Price Action UPS shares closed 0.1% higher at $99.72 on Thursday and were mostly unchanged in the after-hours session.See more from Benzinga * FedEX, UPS Shares Surge As Amazon To Suspend Delivery Service For Third-Party Sellers Due To Increased Demand(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Both retailers saw surging sales volumes as social distancing spiked. But Dollar General's business stood out in a few key ways.
Restrictions on sales of non-essential items during the COVID-19 lockdown hurt the two e-commerce giants in India.
In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Emily Flippen and Ron Gross about the latest news from Wall Street. They talk about the work-from-home culture and the changes it brings.
Who's in, who's out, who's been promoted and hired — find out all the industry moves in one place, brought to you by FN.
When it comes to the discussion of major retailers, Target (NYSE: TGT) sometimes becomes an afterthought. Particularly with regard to the COVID-19 pandemic, retail analysts have tended to focus on Target's principal competitors, Walmart, Costco, and Amazon. This probably helped Target stock over the past few months as a run on consumer staples helped to drive revenue increases.
Walmart (NYSE: WMT) shoppers can now browse pre-owned apparel when they visit the retailer's e-commerce site. "We are absolutely seeing this as an opportunity to support a bigger portion of our customers' closets," a Walmart executive told CNBC. Walmart's e-commerce business was a standout performer in its last quarterly report.
Retail giant Walmart (NYSE: WMT) had a fabulous fiscal first quarter, with sales rising 9%, and online sales up 74%. Probably the biggest revelation from Walmart's report, however, was this: Racking up all those sales in the midst of a pandemic cost Walmart $900 million in cash bonuses and pay raises, safety equipment costs, and expenses related to sanitizing and otherwise making its stores safe to shop in. In a recent earnings call, Walmart CFO Brett Biggs said it was a "reasonable assumption" that Walmart would spend another $900 million on COVID-19-related expenses this quarter as well.
Walmart Inc. (NYSE: WMT) announced early Wednesday it had partnered with clothing and accessories reseller ThredUp.What Happened The retailing giant said that about 750,000 pre-owned items from ThredUp are now available at its e-commerce platform for purchase.Walmart is only selling pre-owned apparel and shoes that ThredUp has deemed "new" or "like new," it said. Accessories and handbags that are tagged "gently used" will also be available, in addition to the two categories mentioned previously.Customers who purchase the ThredUp catalog through Walmart will receive all benefits offered by the platform, including free deliveries for purchases above $35 and free returns of defective goods. Walmart said these are "exclusive perks that have not been available to ThredUP customers before."Why It Matters The retailer has been looking to expand its clothing commerce for a long time but has found relatively less success.Walmart noted that second-hand clothing is especially popular with millennials.The idea of resale has particularly caught on due to rising environmental concerns. According to ThredUp's annual report for 2020, as many as 70% of consumers have either bought or are now willing to buy second-hand clothing."We think [customers will] be surprised and delighted by what they find, and we're excited to inspire customers to look and feel their best," Walmart said.The move also expands Walmart's e-commerce line at a time when it has seen a surge in business due to the novel coronavirus (COVID-19) pandemic.Through resale, ThredUp will bring brands such as PVH Corp. (NYSE: PVH) subsidiary Calvin Klein, Nike Inc. (NYSE: NKE), and Tapestry Inc. (NYSE: TPR) Coach to its platform.Price Action Walmart shares closed 0.4% lower at $123.86 on Tuesday and were mostly unchanged in the after-hours.See more from Benzinga * McDonald's Faces Class Action Over Lack Of Worker Protection Against Coronavirus * General Atlantic To Invest 1M In India's Jio Platform, Joining Facebook, Vista, Silver Lake As Stakeholders * Amazon Calls For Federal Law Against Price Gouging During National Crises(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Walmart is continuing its foray into fashion e-commerce, announcing a strategic partnership with fashion resale marketplace thredUP to list a large number of items on Walmart’s digital storefront. With this partnership over 750,000 items from thredUP will be available on walmart.com/thredup, starting today.
Walmart Inc (NYSE: WMT), alongside Green Dot Corporation (NYSE: GDOT), formally announced an update of features and benefits for the MoneyCard Reloadable Debit Card program.The Walmart MoneyCard, issued by Green Dot Bank, will provide account holders a 2% annual yield on money saved in integrated savings accounts, as well as up to 4 additional MoneyCards for family members over 13 years of age, free cash deposits, and the ability to add money from existing bank accounts."Now more than ever, consumers are looking for ways to manage their money for less, while saving as much as they can. The new Walmart MoneyCard allows customers to do both," said Mike Keeslar, General Manager of Consumer Products, Green Dot. "Whether you have a specific savings goal in mind, or just want to set aside cash for an unexpected emergency, we have a free and easy savings solution, combined with other features Walmart customers depend on to more effectively manage their money."The development comes as the Walmart MoneyCard is already the number one retail-branded debit card in the United States. With mobile banking capabilities a priority, Walmart has honed in on money management and financial wellness.To learn more about Walmart's MoneyCard, please visit WalmartMoneyCard.com.Photo by Noelle Otto from Pexels.See more from Benzinga * 3 Tips To Make Money In The Stock Market * Rocket Mortgage Classic 'Changing The Course' To End Detroit's Digital Divide * Strategic Investment To Fuel Innovation, Expansion At Tourmaline Partners(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Dividend stocks are a great option for a retirement account since you're earning income simply for holding shares. The coronavirus pandemic caused many companies to cut or cancel dividends. While other businesses saw substantial revenue declines from the current economic slowdown, there were at least three that delivered revenue and dividend increases in these tough economic times.
While it's not the end-all indicator of a company's staying power, a company that has consistently raised its dividend for decades is likely one that possesses a durable competitive advantage that allows it to grow its revenue and profits over time. Here are two stocks that have delivered a good balance of capital appreciation and rising dividend payments for more than 25 years. Walmart (NYSE: WMT) currently pays a dividend yield of 1.72%.
Back in late March, I outlined the reasons why I purchased shares of Walmart (NYSE: WMT) and Target (NYSE: TGT) as the economic lockdown to bring COVID-19 to heel got under way. Much has changed during the last two months, and migrating to e-commerce will continue to be a top priority for Walmart and Target as they play catch-up to Amazon (NASDAQ: AMZN). The first quarter (February to April 2020 for Walmart and Target) was a banner moment for both big box stores.
Amazon (NASDAQ: AMZN) has been forced to delay its Prime Day shopping holiday, typically held in mid-July, as it faces an unexpected surge in demand. With the coronavirus pandemic leading to more online shopping, Amazon has had to make several moves to limit the sale of items it doesn't deem essential. The ultimate marketing event for Amazon is Prime Day.
* Benzinga has examined the prospects for many investor favorite stocks over the last week. * This week's bullish calls included a couple of big-box retailers. * Big banks featured recently in both bullish and bearish calls.As the reopening of the economy gears up, leading to some optimism on Wall Street, the major U.S. indexes ended last week with 3%-plus gains.Tensions between the United States and China are on the rise, and a variety of opinions about economic recovery came from the likes of Mark Cuban, Jamie Dimon, Jerome Powell and George Soros in the last week. Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are some of the last week's most bullish and bearish posts that are worth another look.Bulls Spencer Israel's "Big Banks: Playing A Rebound Within The Financial Sector" says investors already may be looking ahead to a potential recovery of Bank of America Corp (NYSE: BAC) and its peers in the financial sector.In "A Modern Retail Winner: Wall Street Bullish On Walmart Following Big Q1," Wayne Duggan shares what several analysts had to say about Walmart Inc (NYSE: WMT) since its impressive report.Home Depot Inc (NYSE: HD) has fared well despite a shaky housing market. So says Elizabeth Balboa's "Who Could Win, Lose As US Homebuilding Starts Decline: Home Depot 'Performing Well' During Coronavirus Crisis.""9 Nvidia Analysts On Q1 Beat, Ampere GPU: 'A Pure Play In Accelerated Computing'" by Shanthi Rexaline shows that a top analyst considers NVIDIA Corporation (NASDAQ: NVDA) its top sector pick.For additional bullish calls, also have a look at "This Analyst Likes Kraft Heinz Stock And Its 40% Discount To Peers" and "CSX Is Set For Recovery In 2021, UBS Says In Upgrade."Bears Wayne Duggan's "JPMorgan Option Trader Bets M On Downside Ahead" looks at several bets made this last week that the recent rally in JPMorgan Chase & Co. (NYSE: JPM) stock reverses course soon."Guggenheim Predicts 'Tough Road' Ahead For Comcast, Downgrades Stock" by Jayson Derrick discusses how the coronavirus crisis is likely to impact each Comcast Corporation (NASDAQ: CMCSA) business unit.In Tom Meilleur's "Carvana: A Questionable Used Car Business Model," see how Carvana Co (NYSE: CVNA) has been growing very fast since its initial public offering, but has not produced a single profitable quarter in that that time.Many smaller businesses may struggle to remain afloat, especially if the economy reopens only partially, according to "Square Faces Risk From Struggling Smaller Businesses, BofA Says In Double Downgrade" by Priya Nigam. See what that means for Square Inc (NYSE: SQ).Be sure to check out "Generic Threat To Amarin's Vascepa Overrides Positive Sentiment On Coronavirus Announcement" and "Unemployment Prospects, Rate Environment Sends Bank of America Neutral On Charles Schwab" for additional bearish calls.At the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.See more from Benzinga * Barron's Picks And Pans: Berkshire Hathaway, Carvana, Madison Square Garden And More * Barron's Picks And Pans: Berkshire Hathaway, Disney, SoftBank And More * Notable Insider Buys In The Past Week: Carvana, MGM And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The coronavirus market rally kept running this week on vaccine hopes despite weakness in Alibaba and other China stocks. Nvidia, Walmart, Target and Splunk were key earnings reports.
Discover how Walmart (NYSE: WMT) is winning in the retail space and some other retail news. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Jason Moser: Good to see you.
Consumers' spending priorities shifted dramatically as the COVID-19 threat progressed in recent weeks.
Amazon Inc. (NASDAQ: AMZN) is rescheduling its Prime Day sale to September due to pressures on its warehouses caused by rising pandemic driven demand.What Happened Moving the two-day annual Prime Day sale to September is one of the measures Amazon is taking in an attempt to return to pre-pandemic business operations. The e-commerce retailer is also allowing unlimited shipments of nonessential goods back to its warehouses, according to the Wall Street Journal.The Prime Day event is usually held in July, and the sale features deeply discounted goods. The postponement to September is a result of the increased pressure on Amazon's warehouses caused by the increased demand.Why It Matters In April, the company began restocking nonessential items from third-party sellers at an increased pace.Amazon is preparing to ship a wider variety of merchandise. There are indications that the company can now ship orders more quickly, and there is more room to store inventory, sources revealed to the WSJ.The e-commerce retailer has already begun one-and two-day deliveries of nonessential goods on its platform. These had been suspended for two months in the United States due to the COVID-19 pandemic. Despite the surge in demand, the increase in hiring during the pandemic, hazard pay for staff, and shipping costs, negatively affected Amazon's income, which fell 29% in the first quarter.Walmart Inc. (NYSE: WMT) is offering stiff competition to Amazon and has the advantage of being able to offer curbside pickup, which is cheaper than shipping to the door, according to WSJ.Walmart saw a 74% increase in online shopping and a 4% rise in earnings. Price Action Amazon shares traded 0.21% higher at $2,451.80 in the after-hours session on Thursday. The shares had closed the regular session 2.05% lower at $2,446.74.See more from Benzinga * Alibaba Invests .4B In AI And Internet of Things Systems For Its Smart Speakers * Amazon Warehouse Workers In Seattle Area Can Now Have Access To Company's Virtual Medical Clinic * Mark Cuban On Consumer Demand, Small Businesses Dilemma And Market Uncertainty(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Walmart's (WMT) e-commerce expansion paid off in a big way during the first quarter, as the coronavirus forced people to stay at home...