Walmart Inc
Stocks making the biggest moves premarket: PepsiCo, Gap, Peloton and others
Check out the companies making headlines before the bell: PepsiCo (PEP) – The beverage and snack giant reported an adjusted quarterly profit of $1.86 per share, 12 cents above estimates, and revenue topped Wall Street forecasts. The company also raised its full-year forecast as consumer demand holds up even as prices rise. PepsiCo gained 1.2% […]
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Gap CEO Sonia Syngal is stepping down, effective immediately
Sonia Syngal, president and chief executive officer of Old Navy Inc., speaks during the Fortune’s Most Powerful Women Summit in Washington, D.C., on Tuesday, Oct. 22, 2019. Sarah Silbiger | Bloomberg | Getty Images Gap CEO Sonia Syngal is stepping down, effective immediately, the company announced on Monday, as the apparel retailer battles supply chain […]
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Amazon Prime Day is coming up: Here’s why deal experts say you might want to skip it this year
Prime Day prices may not be Amazon’s best-ever offer Just because something is discounted on Prime Day doesn’t mean it’s the best deal you’ll see anywhere, or even all year. Naturally, Amazon will offer the best prices on its own gear like the Kindle, Fire TV streamer and private-label clothing. For example, the e-commerce giant is […]
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Walmart won’t hold rival event to Amazon Prime Day, as it is already offering big markdowns
Walmart Rollback pricing signs are displayed while customers shop during the grand opening of a new Wal-Mart Stores location in Torrance, California. Patrick Fallon | Bloomberg | Getty Images Walmart won’t be doing its own event to rival Amazon Prime Day this year, according to a company spokesperson. The big-box giant, like other retailers, has […]
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Citi names its ‘highest conviction ideas’ for the second half of 2022 — and gives one upside of 85%
Citi has named a raft of stocks it thinks could do well in the second half of 2022, as investors continue to navigate market uncertainty and hot inflation. Stock markets suffered steep losses in the first six months of this year as an unrelenting sell-off brought major indexes to their knees. The S & P […]
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Why driving big rig trucks is a job fewer Americans dream about doing
A Walmart truck departs the company’s distribution center in Washington, Utah. Bloomberg | Bloomberg | Getty Images In April, Walmart made headlines by announcing that it will pay its private fleet truck drivers as much as $110,000 in their first year with the big-box retailer, up from an average starting salary of $87,000. Yellow Corp., […]
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Buy these stocks to insulate your portfolio from the next big market risk, Morgan Stanley says
Stock markets are emerging from the worst start to a year in half a century. But the volatility is far from over and investors should prepare for further risk to earnings ahead, Morgan Stanley says. The S & P 500 notched its worst first half since 1970 while the Nasdaq Composite fell deep into a […]
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Walmart is working on a response to the Supreme Court’s abortion decision, CEO says in memo
Walmart CEO Doug McMillon speaks at the CNBC Evolve conference November 19th in Los Angeles. Jesse Grant | CNBC Walmart CEO Doug McMillon told employees on Friday that the company is weighing how to respond to a Supreme Court decision that ended the federal right to an abortion. “We are working thoughtfully and diligently to […]
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CVS removes purchase limit on Plan B pills, says sales have ‘returned to normal’
Plan B One-step birth control in CVS Pharmacy, Boston, MA. Ucg | Universal Images Group | Getty Images CVS is removing the purchase limit it had put on emergency contraceptive pills following last week’s Supreme Court ruling, the chain said Tuesday. The reversal comes as sales have dipped back to normal levels and will be […]
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Amazon limits how many Plan B pills you can buy as demand surges
Amazon has limited sales of emergency contraceptive pills as demand spikes following last week’s U.S. Supreme Court ruling overturning Roe v. Wade and ending the constitutional right to have an abortion. The company has placed a temporary quantity limit of three units per week on emergency contraceptive pills, Amazon confirmed to CNBC. A review of […]
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