Top

Category: Retail & Wholesale


Industries, Retail & Wholesale

Walmart tumbles after online sales growth slows (WMT)

February 20, 2018

Via: Business Insider

Shares of Walmart fell as much as 6% in early trading Tuesday after the retailer posted a 42% drop in fourth quarter earnings that missed Wall Street’s expectations. However, the word’s largest retailer reported better-than-expected revenues of $136.27 billion, where […]


Finance Tech, Industries, Liquidity, Retail & Wholesale

Retail investors would ‘bear the brunt’ of a cryptocurrency market collapse, study says

February 19, 2018

Via: CNBC

Retail investors would feel the impact of a cryptocurrency market collapse the most, while institutional investors would be better protected against such an event, according to researchers. “At this stage, we think that retail investors would be the first to […]


Industries, Retail & Wholesale

Walmart jumps after it partners with a Japanese e-commerce giant to take on Amazon (WMT, AMZN)

January 26, 2018

Via: Business Insider

Shares of Walmart rose in pre-market trading on Friday after the company announced a deal with Japanese e-commerce site Rakuten to sell Rakuten’s Kobo e-readers and content in the US mass market. The alliance brings two of the biggest retailers […]


Industries, Retail & Wholesale

Walmart Is Boosting Its Starting Hourly Wage to $11 Because of Tax Reform

January 11, 2018

Via: Fortune

Wal-Mart Stores is boosting its starting hourly wage to $11 and delivering bonuses to employees, capitalizing on the U.S. tax overhaul to stay competitive in a tightening labor market. The increase takes effect next month and will cost $300 million […]


Finance Tech, Industries, Retail & Wholesale, Trading

Citi says Amazon is its favorite internet stock, raises price target to $1,400

January 5, 2018

Via: CNBC

It will be another great year for Amazon shareholders, according to one Wall Street firm. Citi Research reiterated its buy rating for the internet giant’s shares, predicting Amazon will generate strong growth. “We remain bullish on the consumer Internet sector, […]


Industries, Retail & Wholesale

The 3 best retail stocks of 2017

December 29, 2017

Via: USA TODAY

The so-called retail apocalypse has caused all sort of havoc in 2017. Malls are struggling, stores are closing, and bankruptcies have been prevalent. But just because the climate has been bad for some retailers, does not mean that every player […]


Finance Tech, Industries, Retail & Wholesale, Trading

Buy Amazon because Alexa will drive $10 billion in sales by 2020, RBC’s Mahaney predicts

December 21, 2017

Via: CNBC

Amazon’s innovative voice-recognition Alexa device will boost the company’s financial results, according to one Wall Street firm. RBC Capital Markets reaffirmed its outperform rating for the e-commerce giant, citing the firm’s positive consumer survey results for the company’s Alexa product. […]


Finance Tech, Industries, Retail & Wholesale, Trading

Buy Costco shares because it’s in the ‘early stages’ of an online sales surge, BMO says

December 18, 2017

Via: CNBC

Costco shares tumbled over the summer on worries the Amazon and Whole Foods Market merger will hurt the retailer’s business. But one Wall Street firm says the retailer’s e-commerce growth will be a catalyst to lift the stock to new […]


Finance Tech, Industries, Retail & Wholesale, Trading

Amazon’s amazing run is headed for trouble, technical strategist says

December 4, 2017

Via: CNBC

Shares of Amazon have been under pressure, and the charts are pointing to more downside, according to one technical strategist. The stock posted its first negative week after five-straight weeks of gains, its longest winning streak since March. Despite the […]


Finance Tech, Industries, Retail & Wholesale, Trading

Amazon shares to pop another 20% thanks to ‘rapid’ innovation: Goldman Sachs

November 28, 2017

Via: CNBC

Amazon shares will soar in the next year thanks to its rapid pace of innovation and increased price flexibility, according to Goldman Sachs. Goldman expects big things from the e-commerce giant at its annual re:Invent conference this week, where analyst […]