Starbucks Is Back!
The so-called "reopening boom" is benefiting Starbucks (NASDAQ: SBUX) along with others from the consumer niche that were hit hard during strict social-distancing limitations over the past year.
ShipBob Adds Free 2-Day Shipping For Walmart Marketplace Sellers
ShipBob is now an official shipping and fulfillment partner on the Walmart (NYSE: WMT) Marketplace, giving small and medium-sized businesses new options for fulfilling their e-commerce orders within two days.
6 Reasons Dollar General Isn’t Worth Buying Right Now
Dollar General Corp. (NYSE: DG) shares traded lower by 3% on Monday following a downgrade.
The Analyst: Bank of America analyst Robert Ohmes downgraded Dollar General from Neutral to Underperform and cut his price target from $225 to $190.
Bill Gates’ Trust Offloads Apple Stake And Buys This Stock Instead
The Bill and Melinda Gates Foundation Trust sold its entire stake held in Apple Inc. (NASDAQ: AAPL) and Twitter Inc.
Walmart To Spend At Least 2% Of Marketing On Black-Owned Media
https://corporate.walmart.com/newsroom/2021/05/21/an-update-on-our-dei-efforts-in-marketing
Mid-Afternoon Market Update: Dow Falls 1%; Iovance Biotherapeutics Shares Plunge
Toward the end of trading Wednesday, the Dow traded down 1.08% to 33,693.98 while the NASDAQ fell 0.66% to 13,215.41. The S&P also fell, dropping 0.94% to 4,088.99.
Citigroup Maintains Buy on Walmart, Raises Price Target to $179
Citigroup analyst Paul Lejuez maintains Walmart (NYSE:WMT) with a Buy and raises the price target from $172 to $179.
UBS Maintains Buy on Walmart, Raises Price Target to $170
UBS analyst Michael Lasser maintains Walmart (NYSE:WMT) with a Buy and raises the price target from $160 to $170.
Walmart Beats Handily On First-Quarter Earnings Per Share, Revenue
Walmart Inc. (NYSE: WMT) on Tuesday reported first-quarter fiscal 2022 revenue of $138.7 billion, a 2.7% increase from the 2020 first quarter, while operating income rose 32% to $6.9 billion in what the company called strong across-the-board performance.
Walmart Q1 Adj. EPS $1.69 Beats $1.21 Estimate, Sales $138.30B Beat $131.95B Estimate
Walmart (NYSE:WMT) reported quarterly earnings of $1.69 per share which beat the analyst consensus estimate of $1.21 by 39.67 percent. This is a 43.22 percent increase over earnings of $1.18 per share from the same