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Walmart Shares Rise Following Better-Than-Expected Earnings Report

Walmart shares gained 5% in premarket trading on Tuesday after the retail giant forecast a smaller fall in profit than analysts expected. Despite recent price hikes amid the United States inflation struggles, Walmarts' discounts on clothing and electronics have assisted to attract U.S. shoppers...

Walmart Moves to Purchase Remaining Stake in Massmart

South African retail group Massmart confirmed that Walmart has made an offer of 6.4 billion ($373 million) to purchase the 47% stake in the company that it does not yet own. Furthermore, the U.S. retail giant intends to delist Massmart from the Johannesburg Stock...

Goldman Analyst Share 3 Reasons Why You Should Buy Walmart Stock

Things are not going great for retailers at the moment. However, according to Goldman Sachs, that shouldn’t be the reason not to buy Walmart stock. In this week’s note sent to clients, Goldman’s retail analyst Kate McShane shared three reasons why Walmart stock is a...

Investors Await Retail Earnings Reports

Investors are anxiously awaiting the release of the latest earnings reports in the retail sector in an effort to gauge the direction in which the industry as well as the U.S. economy at large is headed. Retail giants Walmart Inc and Target Corp are...

Walmart Slips, Other Companies Feel the Effects

It seems as though Walmart has missed the boat again. While the retail giant remains to be one of the most popular places people go to buy basic items such food, clothing, electronics, and more, they've missed a few steps as of late. At the...