walmart stock price – Page 2 – Business Insider Australia

Markets Feb. 27, 2018, 3:10 AM

MORGAN STANLEY: Here’s what Walmart needs to learn from Amazon

Shares of Walmart lost 10% last week after reporting an unexpected e-commerce slowdown. The Wall Street panic points to growing anxiety over Amazon’s dominance in the grocery marketplace. Morgan Stanley says the big-box retailer should look to Amazon for how to keep innovating. Walmart stunned Wall Street last week with […]

Markets Feb. 22, 2018, 1:21 AM

It’s ‘difficult to ignore the magnitude’ of Walmart’s e-commerce slowdown

Shares of Walmart lost 10% Tuesday after posting disappointing online sales growth. E-commerce growth slowed to half what it had been the previous quarter. The results triggered a slew of downgrades from Wall Street analysts. Walmart saw its worst day on Wall Street in more than 30 years Tuesday after […]

Markets Feb. 21, 2018, 12:21 AM

Walmart tumbles after online sales growth slows

Walmart is down more than 6% Tuesday morning after reporting disappointing earnings. The world’s largest retailer reported adjusted earnings of $US1.33 per share where Wall Street expected $US1.37. Revenue was better-than-expected, but contributions from e-commerce fell by 27 percentage points from last quarter. Shares of Walmart fell as much as […]

Markets Jan. 27, 2018, 1:48 AM

Walmart jumps after it partners with a Japanese e-commerce giant to take on Amazon

Walmart‘s stock was up in pre-market trading after announcing an alliance with Japanese e-commerce giant Rakuten. Walmart said it will sell Rakuten’s Kobo e-readers and content in the US, as well as jointly launch a grocery delivery service in Japan. The move is the latest step that Walmart is taking […]

Markets Jan. 19, 2018, 6:24 AM

Goldman Sachs says Walmart is ‘in control of its own destiny’ despite retail’s troubles

Walmart‘s stock jumped after Goldman Sachs upgraded the company to “Buy” from “Neutral.” Goldman added Walmart to its “Americas Conviction List,” a group of the bank’s favourite stocks to buy. Goldman said that Walmart will be a big beneficiary from the GOP’s tax reform law. View Walmart’s stock price here. […]

Markets Jan. 12, 2018, 12:23 AM

Walmart is raising wages and issuing bonuses after tax reform

Walmart is raising wages and issuing one time bonuses to employees. The company’s CEO said it’s a move to try and stay competitive. Watch Walmart trade in real time here. Walmart said it will raise the starting wage for its employees, and issue one time bonuses up to $US1,000, as […]

News Nov. 30, 2017, 2:39 AM

RBC upgrades Walmart, says its ‘narrative continues to shift’

Walmart is facing increased pressure from Amazon, as well as newer grocery entrants like Aldi and Lidl. This has forced the company into an investment cycle, RBC says, which could increase the chain’s stock price. The bank now has a $US96 price target for the stock, and has upgraded it […]