Walmart Inc
Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
Target plans to double down on its third-party marketplace, media network and same day delivery services to drive more than $15 billion in revenue growth over the next five years, it said Tuesday at an investor meeting in New York City. The retailer’s plans to grow its business and better compete against rivals like Walmart […]
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Target will report earnings before the bell. Here’s what Wall Street expects
Shoppers outside a Target store ahead of Black Friday in Clifton, New Jersey, on Nov. 26, 2024. Victor J. Blue | Bloomberg | Getty Images Target will report fiscal fourth-quarter earnings on Tuesday and show investors whether it is driving more full-price sales of discretionary merchandise, which has long been the retailer’s primary money maker. […]
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Paramount ends DEI policies, cites Trump executive order
The Paramount Global headquarters in New York on Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty Images Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In the memo sent to employees Wednesday, Paramount said it would comply with President […]
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Target strikes deal with sportswear brand Champion, as it tries to rev up apparel sales
Target will soon have another brand to dangle as the discounter tries to convince more shoppers to buy clothing and other discretionary merchandise — Champion. On Wednesday, the cheap chic retailer announced that it’s struck a multi-year deal with the sportswear brand long associated with hoodies and sweatpants. Authentic Brands Group bought Champion from HanesBrands […]
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Apple shareholders reject outside proposal to end DEI programs
CEO of Apple Tim Cook poses as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple shareholders on Tuesday rejected a request to abolish its Inclusion & Diversity program, signaling that investors still see value in the company’s diversity programs. […]
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Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Fast Money Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong Published Sat, Feb 22 20259:00 AM EST Stephanie Landsman@stephlandsman WATCH LIVE Source
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Expect more volatility ahead as market navigates shifting political winds, UBS says
Volatility in stocks won’t let up anytime soon, according to UBS. The Dow Jones Industrial Average on Thursday suffered its worst day since Jan. 10, dropping more than 400 points after a sell-off in Walmart shares. The stock dropped more than 6% after the country’s largest retailer issued weaker-than-expected fiscal-year guidance. Walmart also warned it […]
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5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day: 1. Stallmart Investors hope to end a lackluster week on a high note. Stocks dropped on Thursday, as the S&P 500 dipped 0.4%, the Nasdaq Composite lost 0.5% and the Dow Jones Industrial Average slid 1%. Walmart‘s stock fell more […]
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Asia-Pacific markets mixed as investors weigh Japan inflation data, Trump tariff threats
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets trade mixed Friday as investors assessed inflation data from Japan, while the threat of U.S. President Donald Trump’s tariffs dents investor sentiment. Japan’s Nikkei 225 slipped 0.43%, while the Topix declined 0.33%. Japan’s inflation rate in January climbed to […]
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Stock futures are little changed after Thursday’s sell-off on Wall Street: Live updates
Traders work on the New York Stock Exchange floor on Feb. 20, 2025. Spencer Platt | Getty Images U.S. stock futures were little changed on Thursday night after the major averages slid following a lackluster earnings forecast from retail giant Walmart. Dow Jones Industrial Average futures were trading near the flatline, as were S&P 500 […]
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