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Wal-Mart Shares Could Grind Higher If This Happens
Friday, August 19, 2016 - 1:15pm | 317Read More...Baird has maintained its Outperform rating and $80 target price on Wal-Mart Stores, Inc. (NYSE: WMT) as it is encouraged by early signs of progress, thus adding to the defensive appeal of shares amid the tough retail environment. "[I]nvestments in employees/wages, customer service, merchandising,...
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Wal-Mart To Wrap Up Retail Earnings Season Thursday
Wednesday, August 17, 2016 - 3:29pm | 382Read More...Wal-Mart Stores, Inc. (NYSE: WMT) is the last big retailer to report its earnings, scheduled for release on Thursday. Until now, the majority of the retailers have revealed better-than-estimated EPSs. Ahead of the results, the stock traded down on Wednesday. Investor focus is likely to shift toward...
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E-Commerce Strategy May Be The Key To Survival
Tuesday, August 16, 2016 - 1:45pm | 429Read More...The importance of e-commerce sales in the retail world has hit an all-time high. Wal-Mart Stores, Inc. (NYSE: WMT)'s high profile purchase of jet.com to take on Amazon.com, Inc. (NASDAQ: AMZN) $111 billion e-commerce empire highlights how key an online strategy is for a brick-and-mortar business....
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The Story Of One Smart Investor And Walmart's Jet.com Deal
Thursday, August 11, 2016 - 11:13am | 349Read More...Eric Martin works for a custom bath installation company, but is expected to walk away a multi-millionaire from Jet.com's sale to Wal-Mart Stores, Inc. (NYSE: WMT) According to Bloomberg, Martin entered a contest sponsored by Jet.com to see who can get the most people to sign up for a...
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What Do Jet.com, Uber And Dollar Shave Club Have In Common?
Tuesday, August 9, 2016 - 12:28pm | 368Read More...What do Jet.com, Uber and Dollar Shave Club all have in common? According to The Wall Street Journal, the three companies decided to sell themselves (in Uber's case it sold its China unit) rather than hanging on to losses en-route to an initial public offering. Jet.com sold itself to Wal-...
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Despite Rumors Of Another Bidder, Wal-Mart Was Only Company Looking To Buy Jet.Com
Tuesday, August 9, 2016 - 10:43am | 335Read More...Wal-Mart Stores, Inc. (NYSE: WMT)'s $3 billion purchase of Jet.com has been confirmed, but some investors are justified in asking the question why did the retailer agree to buy the ecommerce startup for a hefty premium? As reported by The Wall Street Journal, Jet.com was valued at $1.35...
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Wal-Mart Confirms $3 Billion Deal For Jet.com
Monday, August 8, 2016 - 10:06am | 336Read More...Wal-Mart Stores, Inc. (NYSE: WMT) and Jet.com, Inc. confirmed earlier reports by announcing they have reached a definitive agreement. This is considered a step in the right direction to take on Amazon.com, Inc. (NASDAQ: AMZN) within the e-commerce space. Accordingly, Wal-mart would buy Jet for...
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How Would Jet.com Fit Into Wal-Mart's Operations?
Wednesday, August 3, 2016 - 1:31pm | 414Read More...Wal-Mart Stores, Inc. (NYSE: WMT) is reportedly in discussions with Jet.com to buy it. While the former is the world's biggest retailer, the latter online firm is a start-up that has attracted a lot of attention. Therefore, how would it help the biggest retailer's operations as both companies stand...
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Will Jet Hurt Amazon Or Costco?
Sunday, August 9, 2015 - 5:55pm | 666Read More...A few days ago, Marc Lore, founder and former CEO of Quidsi (owner of famed website Diapers.com) launched a new e-commerce website Jet.com. The site guarantees its subscribers access to the lowest prices across approximately 10 million items. After meeting with Lore, Morgan Stanley analysts...
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Benchmark's Kurnos: It Wouldn't Shock Me If Amazon Bought Jet.com
Tuesday, July 21, 2015 - 1:25pm | 341Read More...On Tuesday, Marc Lore, founder and former CEO of Quidsi (owner of famed website Diapers.com) launched his new e-commerce website Jet.com, which guarantees its subscribers will access the lowest prices across roughly 10 million items. In a recent note, Benchmark analyst Daniel Kurnos looks into...
