|Bid||87.39 x 1200|
|Ask||87.40 x 1100|
|Day's Range||86.83 - 87.70|
|52 Week Range||75.55 - 109.98|
|PE Ratio (TTM)||29.17|
|Earnings Date||Aug 16, 2018|
|Forward Dividend & Yield||2.08 (2.46%)|
|1y Target Est||95.12|
Monday, July 16: President Donald Trump says America’s biggest global “foe” is the EU before meeting with Russian president Vladimir Putin; Elon Musk donated $40,000 to a GOP PAC; Amazon Prime Day starts and will last 36 hours. Yahoo Finance's Dan Roberts delivers today's news.
On July 12, Costco Wholesale (COST) reported its June sales results. The company reported an 11.7% rise in net sales to $13.5 billion in June compared to its net sales of $12.13 billion in the same period last year.
Walmart Inc. has hired a former senior executive at insurer Humana Inc. to run its health-care business, a move that could reignite speculation that the two companies will forge a closer partnership. The world’s largest retailer named Sean Slovenski as senior vice president of health and wellness, reporting directly to Greg Foran, who runs the company’s U.S. business, according to a July 12 internal memo from Foran. Slovenski spent three years at Humana, rising to become vice president of innovation, and most recently worked for a digital-health company that also partners with Walmart.
As Amazon Prime Day is round the corner, brick-and-mortar retailers are looking for ways to compete with the astounding sales that are almost scaling near the “Black Friday” level. This calls for investing in retailers poised to gain from their promotional sales campaigns during this Amazon Prime Day event. This year’s Prime Day starts off on Jul 16 and wraps up on Jul 17.
Ahead of Prime Day, Amazon has given us plenty of hints of late that show it's serious about breaking further into fashion. With Prime Day about to kick off Monday, Amazon AMZN is looking to prove it's a fashion destination beyond the basics. Industry analysts have already estimated Amazon is on track to become the No. 1 apparel retailer in the U.S. by year's end if it's able to keep the momentum going and win market share as others falter.
As the new trading week begins, Walmart (NYSE:WMT), Cisco (NASDAQ:CSCO) and State Street (NYSE:STT) are shaping up as the most compelling trading prospects. Back in January, Walmart shareholders were thrilled with their recent gains.
Three years ago, Amazon.com Inc. created a summer shopping holiday out of thin air for its most loyal customers. Retailers Target Corp., Best Buy Co., Macy’s Inc. and Walmart Inc. all have special promotions planned to coincide with Amazon’s Prime Day, which begins at noon in Seattle on Monday and runs for 36 hours in 17 countries. In a bid to distance the event from the Amazon brand, some companies are calling the day “Black Friday in July.” And while their deals on merchandise vary, the pitch is the same: No membership fee required.
The latest is U.S. giant Walmart Inc., which rolled out its new Winemakers Selection collection in 1,100 of its nearly 4,000 stores in May. In a telephone interview, Simpson explains that each of the wines is made by a family winery in California, Italy, or France specifically for Walmart, though she declines to identify her sources. The price range is higher than you might expect, too, as if Walmart is deliberately trying to go upscale and is using wine to reinforce an image of quality for its grocery section—and maybe, the entire store.