|Bid||0.00 x 1400|
|Ask||0.00 x 800|
|Day's Range||83.06 - 83.99|
|52 Week Range||73.13 - 109.98|
|PE Ratio (TTM)||27.93|
|Forward Dividend & Yield||2.08 (2.47%)|
|1y Target Est||N/A|
Consumers are staying home more than ever before and, increasingly, even when they're eating out, they're eating in. How can you invest in America's growing appetite for delivery?
Amazon's acquisition of Whole Foods has rattled the grocery industry, leading to a spate of ecommerce deals. One year ago Saturday, Amazon announced it would take over Whole Foods in a $13.7 billion deal that shook the grocery industry . In the last year, the search giant has become an increasingly attractive partner for retailers looking for ways to compete with Amazon, allowing it to explore new business models and alliances.
You walk into your local Walmart. Within moments a drone flies down from above and hovers in front of you, then leads you to the item you’re trying to find. Yes, it’s real! Walmart has filed a patent for drones to help shoppers in its stores.
When you think retail, Microsoft Corporation (NASDAQ:MSFT) probably doesn’t immediately come to mind. Let’s face it, Microsoft stock isn’t generally considered a retail play. A report in Reuters claims Microsoft is testing automated checkout technology for retailers, working on a system that would take on Amazon.com Inc.’s (NASDAQ:AMZN) Amazon Go.
Amazon (AMZN) might have forever changed the grocery industry exactly one year ago when the e-commerce giant bought Whole Foods for roughly $14 billion on June 16, 2017. Today, grocery delivery is commonplace across the entire industry.
Microsoft wants to help traditional retailers keep up with Amazon Go, a new store concept that expedites shopping by eliminating store cashiers. Microsoft’s push to automate store check-out is good news for neighborhood stores which find it hard to compete with Amazon’s razor thin operating margins, as minimum wage hikes take effect around the country.
With the disease flourishing in the food supply, it's not safe to go back in the watermelon.
Representatives of the Walmart company heirs deny any involvement in the Georgia governor's race after a candidate was secretly recorded saying he backed a school choice law because campaign money from the family's non-profit foundation was at stake. Republican Lt. Gov. Casey Cagle admits making the remarks that surfaced in the past week. Cagle is heard saying he supported a bill in the recent legislative session expanding tax credit vouchers for private schools because millions of dollars in Walton foundation money were at stake in the gubernatorial race.
BATON ROUGE, La. (AP) — A Connecticut man has been sentenced to 10 years in prison on charges that he defrauded Walmart nearly $1 million through identity theft and hundreds of bogus checks.
Elizabeth Holmes, the founder of Theranos, was criminally charged with wire fraud along with former company president Ramesh "Sunny" Balwani on Friday. Holmes' charges and departure as CEO come three months after the Securities and Exchange Commission sued Holmes and Theranos for a "massive fraud" at the company. Elizabeth Holmes , the college dropout who founded the blood-testing company Theranos, and the firm's ex-president Ramesh "Sunny" Balwani were indicted Friday on criminal charges related to false claims they made about the accuracy of their much-hyped testing devices.
If meal delivery services could deliver the aromas their recipes create to consumers, they might sell a lot more meal kits. As it is, analysts see a $10 billion industry soon.
With President Donald Trump’s decision to impose 25% tariffs on $50 billion worth of Chinese products roiling the markets on Friday, June 15, investors may want to brace for a protracted trade battle. After all, TD Ameritrade chief market strategist J.J. Kinahan is predicting that it could last for awhile. "We're in about the second inning, and this could be on the front page for a while as the two combatants squawk at each other," wrote the TD Ameritrade Holding Corporation ( AMTD) market strategist in a blog post. "There's a school of thought that suggests tech stocks might not be hurt as much by a tariff war because their products are difficult to replicate, making them tough to put tariffs on.
Fewer Americans on food stamps could mean lower sales for discount retailers. Purchases made using the Supplemental Nutrition Assistance Program, or SNAP, the acronym for food stamps, make up a good portion of sales for such retailers as Dollar Tree Inc. "At the dollar stores, SNAP benefits amount to about a mid-single-digit percentage of total sales," Joseph Feldman, senior managing director at Telsey Advisory Group told TheStreet on Thursday, June 14.
U.S. President Donald Trump has offended Canada enough, and now, Canadian consumers are fighting back in the most effective way they know how to: boycotts. According to CTV News, angry Canadian consumers are starting to shop “Trump-free.” That means Canadian consumers are boycotting U.S. products, companies, travel and just about anything that could potentially result in dollars flowing from Canadian consumers to U.S. corporations. At risk to this boycott are multinational U.S. corporations with a big Canadian presence, such as McDonald’s Corporation (NYSE:MCD), Starbucks Corporation (NASDAQ:SBUX) and Walmart Inc (NYSE:WMT).
The ratings on the five P&I Classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 4.2% of the current balance. Moody's provides a current list of base expected losses for conduit and fusion CMBS transactions on moodys.com at http://www.moodys.com/viewresearchdoc.aspx?docid=PBS_SF215255.
In a market environment that overwhelmingly encourages constant activity by investors who seemingly want to double their money every week, a discussion of stocks to buy and hold forever seems comically out of place. Conversely, the fact that Warren Buffett’s favorite holding period is “forever” and how he’s got a track record most investors would envy is just as telling. With that as the backdrop, here’s a rundown of 10 stocks to buy and hold forever … or at least until something significant changes with your life plans or the companies themselves.
Reportedly, Microsoft (MSFT) is working on a technology to eliminate the role of a cashier and is in talks with retailers, including Walmart, Inc. (WMT).
Walmart (WMT) stock was trading at a forward PE (price-to-earnings) multiple of 17.3x as of June 13, which is higher than that of Target (TGT) but significantly below Costco (COST). Moreover, the company is trading almost on par with the S&P 500 Index (SPY). Given the company’s 2.5% dividend yield and its expected 9.1% increase in fiscal 2019 EPS, Walmart’s valuation seems fair. In comparison, Target and Costco stock were trading at forward PE multiples of 14.6x and 27.3x, respectively.
Walmart Answers Amazon Threat Well: When Will Its Stock Rise? Walmart (WMT) is transforming its global strategy, which has turned around its sales in international markets. Walmart’s expansion of e-commerce offerings and aggressive push for private label products, which are seeing higher growth, are driving its comps.
Two South Florida companies have landed deals with Walmart after participating in the company's annual Open Call event.
Walmart and Target shoppers aren’t passing on the opportunity to shop at Amazon.com, too. The overlap between the retailers—people who shopped at either of the traditional retailers, as well as the fast-growing digital giant—continues to trend upward, according to a chart published Thursday by Cowen & Co. analysts. Both numbers were down from Q4, but still reflected an upward trend since the start of 2013.
Last week it was China’s expanding financial presence in Latin America that raised eyebrows. Meanwhile, state-owned Bank of China opened in Chile, with plans to expand into Argentina and Mexico. This week, fittingly, it is China’s growing role in Latin American football that is drawing attention.
Jan Kniffen, J. Rogers Kniffen Worldwide Enterprises CEO, weighs in on how Whole Foods has fared in the year since Amazon's takeover of the grocer.