|Bid||100.72 x 800|
|Ask||100.90 x 2200|
|Day's Range||99.91 - 101.95|
|52 Week Range||81.78 - 106.21|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||35.29|
|Earnings Date||Aug 15, 2019|
|Forward Dividend & Yield||2.12 (2.06%)|
|1y Target Est||108.47|
PENJERLA/NEW DELHI, India (Reuters) - It was supposed to be Johnson & Johnson's biggest manufacturing plant in India. It was to eventually employ at least 1,500 people and help bring development to a rural area near Hyderabad in southern India. Two sources familiar with J&J's operations in India and one state government official told Reuters production at the plant, at Penjerla in Telangana state, never began because of a slowing in the growth in demand for the products.
Investing.com - After a week dominated by escalating trade tensions between the U.S. and China the trade war looks likely to remain to the forefront of investors’ minds, but this week will also feature Federal Reserve minutes, U.S. retail earnings and economic data as well as European Union elections.
Data from inMarket shows that many people are dropping into Whole Foods for a short period, though foot traffic has increased.
Walmart has revealed details for a new HQ in its home town of Bentonville, Arkansas as it looks to step up its digital strategy and attract the “next generation of talent”. “Associates have heard leadership say time and again, Walmart is people-led and tech-empowered. For that statement to continue to guide us, we need a modern, connected campus,” says Dan Bartlett, Executive Vice President, Corporate Affairs. “We expect this will accelerate Walmart’s digital transformation and help attract the next generation of talent with state-of-the-art technology and contemporary conveniences.” Demolition of existing buildings, infrastructure and utility construction will begin this summer. In the next 18-24 months, the support and office buildings will be designed and construction will begin. The goal is The post ‘Tech empowered’ Walmart is getting new digs appeared first on Coin Rivet.
Walmart Inc.’s first-quarter results, which include 37% growth in e-commerce sales, show the retail giant is taking e-commerce share from its strongest online competitor: Amazon.com Inc.
Global payments revenue is expected to grow 9% annually through 2022, which equates to roughly $1 trillion of net new revenue, according to an October 2018 McKinsey report. Interestingly, the report states that “in the U.S., in-person use of digital wallets will increase at a 45% compound annual growth rate to reach nearly $400 billion in annual flows by 2022. Although most of this growth is expected to be on ‘pass through’ wallets like Apple Pay, private-label wallets such as (SBUX) and (WMT) Pay—both of which have enjoyed impressive early adoption—will also continue to increase in popularity.” Even after growing that quickly, digital wallets will represent less than 10% of U.S. consumer in-person point-of-sale payments in 2022.
Find out how much money it takes to land on the list of 10 of the wealthiest families in the world, and why nobody is really sure what it takes to be number one.
Let's see if investors should consider buying TJX stock before its Q1 earnings results after retail bellwethers Walmart (WMT) and Macy's (M) showed positive same-store sales growth and continued e-commerce expansion.
The stock market sold off on the escalating China trade war, rebounded on upbeat comments from President Trump and a delay in U.S. auto tariffs, but then retreated again Friday. Growth stocks tended to outperform, but many chip stocks tumbled. Cisco Systems (CSCO), Walmart (WMT) and Alibaba (BABA) reported strong earnings, while Pinterest (PINS) plunged in its first quarterly report since...
BENTONVILLE, Ark. (AP) — Walmart has released additional plans for its new 350-acre (142-hectare) northwest Arkansas campus that will include four quadrants connected by bike and walking paths, an on-campus childcare facility and a fitness center.
Walmart is a retail titan, but earnings have struggled to grow amid fierce competition. Is Walmart stock a buy in 2019?
Hickory-based Kelly Hosiery Mill Inc. will make a pitch June 19 before Walmart Inc. execs to sell their socks in Walmart stores located in the U.S. The sock is already available in Walmart's Canada stores.
Retail behemoth Walmart Inc (NYSE: WMT) reported first-quarter results highlighted by a big earnings beat, a 3.4 percent U.S. comp growth and 37 percent e-commerce growth. Raymond James' Budd Bugatch maintains an Outperform rating on Walmart with an unchanged $110 price target. KeyBanc Capital Markets' Edward Yruma maintains at Overweight, unchanged $120 price target.
New corporate headquarters are springing up across the United States. Walmart Inc, the world's largest retailer and the country's biggest private sector employer, on Friday revealed plans for a new corporate campus, joining rivals Amazon.com Inc and Apple in expanding their corporate campuses as President Donald Trump pressures U.S. companies to make larger investments at home. The Bentonville, Ark. based-company is building a new headquarters in its hometown - a project it announced in September 2017 - that will spread over 300 acres and house its nearly 17,000 employees with room to accommodate more as it creates new jobs.
A North Philadelphia business owner will meet with Walmart buyers to pitch one of his products. At stake: shelf space with the retail giant.
Walmart is one step closer to moving into a new home office for more than 14,000 people, which will be outfitted with fitness centers for employees and their families, a child-care facility and more diverse dining options like food trucks.
Gordon Haskett analyst Chuck Grom upgraded the retailer’s stock to Accumulate from Hold and set a price target of $115. He cites “considerable progress in the U.S.” for Walmart.
The Trump administration putting Huawei -- and dozens of its affiliates -- on an export blacklist means “the U.S. government has halted China’s 5G push,” and is transforming the trade war “into a digital one,” Sean Darby, Jefferies’s chief global equity strategist, wrote in a note. The move may have ramifications well beyond the tech sector as well, analysts at MKM wrote.