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Infosys Ltd ADR (NYSE:INFY) Financial Results Dampens Hopes Of A Quick Turnaround

Infosys Ltd ADR (NYSE:INFY), India’s software services exporter company, reported quarterly net profit that was below analyst expectations. The dismal numbers indicate that it will take time for the new management to bring back the company on the strong growth path. The company, once a leading entity of India’s $150 billion IT services market, has […]

Wal-Mart Stores, Inc. (NYSE:WMT) Faces More Scrutiny Over Job Losses Tied To Store Closings

Wal-Mart Stores, Inc. (NYSE:WMT) is facing layoff inquiries by its workers who stood up against the company for the recent closure of five stores that the company owns. The workers claimed that the company’s move to close the five stores was retaliation against workers at thePico Rivera Walmart, due to their protest in advocacy for […]

Union In Talks With Labor Board Over Wal-Mart Stores, Inc. (NYSE:WMT) Issue

The protest in U.S. concerning better pay hasn’t come to an end yet. A union has requested the National Labor Relations Board to ask Wal-Mart Stores, Inc. (NYSE:WMT) to reinstate a few employees at five different stores. As per the reports, it has accused Wal-Mart of closing its stores at multiple locations to fly in […]

Sewer Problems Renders 2,200 Wal-Mart Stores, Inc. (NYSE:WMT) Staff Jobless

Wal-Mart Stores, Inc. (NYSE:WMT) sewer problems in three states seem to have reached fever pitch seen by the move to lay off more than 2,200 staff as the giant retailer moves to carry out repairs in the next six months. The announced shut down affects stores in Texas, California, Florida and Oklahoma. Employees are taking […]

Former Wal-mart Stores Inc. (NYSE:WMT) CEO Joins Carlyle Group LP (NASDAQ:CG) as An Operative Executive

Former Wal-Mart Stores, Inc. (NYSE:WMT) CEO, Mike Duke, has been enlisted by the Carlyle Group LP (NASDAQ:CG) to join the firm as an operating executive. Mr. Duke retired from Wal-Mart in 2014 after five years at the helm. At Carlyle, Mr. Duke will work with a group of deal makers for Carlyle. The position of […]

Thousands Of Wal-Mart Stores, Inc. (NYSE:WMT) And Other Workers Come Out On Rally For Higher Minimum Wage

On Wednesday thousands of Wal-Mart Stores, Inc. (NYSE:WMT) workers, fast food joint workers, health care providers, airline workers and adjunct professors pushed for a $15 an hour minimum wage in marches across the country. The march is being held by the Service Employees International Union and will include marches on street and rallies. The news […]

Alibaba Group Holding Ltd (BABA) Strikes $2.5 Billion Deal With Its Hong Kong-Based Affiliate And Another Investor To Consolidate Its Online Healthcare Business Unit

Alibaba Group Holding Ltd (NYSE:BABA) is consolidating its online pharmacy business in a $2.5 billion transaction involving its affiliate listed in Hong Kong and another investor. The step is expected to accelerate Alibaba Group’s ride in the booming Chinese online healthcare business, which will soon include prescription drugs. The affiliate that will take charge of […]

Wal-Mart Stores, Inc. (NYSE:WMT) And DirectHealth.com Come Together For Comprehensive Health Insurance Program

Boston, MA 10/07/2014 (wallstreetpr) – According to reports, Wal-Mart Stores, Inc. (NYSE:WMT) and Directhealth.com have decided to adjoin hands together to launch very attractive and one of its kinds comprehensive health insurance programs. Need for this partnership: In today’s time, 60% people have difficulty in understanding various options that come along with their health insurance […]

Wal-Mart Stores, Inc. (NYSE:WMT) Expands Its Financial Business With Checking Accounts Offering

Boston, MA 09/25/2014 (wallstreetpr) – Wal-Mart Stores, Inc. (NYSE:WMT) entered into a deal with Green Dot Corporation (NYSE:GDOT) to facilitate opening of checking accounts of its customers. Special Features According to a news covered by Bloomberg, Wal-Mart Stores, Inc. (NYSE:WMT)’s latest move build on its recent endeavor of expanding into financial services, which U.S.-based banks had […]

Wal-Mart Stores, Inc. (NYSE:WMT) Spokesman David Tovar Resigns Over False Information in Resume

Boston, MA 09/16/2014 (wallstreetpr) – The problems are not getting over for the world’s largest retail brand. According to a report, the chief spokesman of Wal-Mart Stores, Inc. (NYSE:WMT) named David Tovar has decided to resign over false information in the resume. WMT found that Tovar lied about his academic record in the resume at […]

Wal-Mart Stores, Inc. (NYSE:WMT) Rejects Apple Pay For A Friendlier Service

Boston, MA 09/15/2014 (wallstreetpr) – Wal-Mart Stores, Inc. (NYSE:WMT) may be struggling with declining sales and shrinking profits, but the retailer would not simply jump on any service that appears to offer hopes for better sales. The company said it would not implement the newly launched mobile payment platform known as Apple Pay. Instead, it […]

Wal-Mart Stores, Inc. (NYSE:WMT) To Establish New Supercenter Store In Memphis

Dallas, Texas 09/09/2014 (ustradevoice) – Wal-Mart Stores, Inc. (NYSE:WMT) is planning another Supercenter store in Memphis, but the company would not discuss the plans just yet. However, people with insider knowledge said that the plans for such a facility are underway, almost to an advanced stage. Although the retailer already has a number of stores […]

Walmart Receiving a beating from Amazon.com, Inc. (NASDAQ:AMZN) on the Online Side of Business

Boston, MA 09/08/2014 (wallstreetpr) – Amazon.com, Inc. (NASDAQ:AMZN) goes without saying is the king of online transactions and with modern shopping patterns shifting to online, Wal-Mart Stores, Inc. (NYSE:WMT) will have to do a lot if it is to capture a sizeable amount of share from Amazon. Total amount of traffic seems to be the biggest […]

Office Depot Inc. (NYSE:ODP) Reiterates Full Year Guidance Amidst increased Headwinds

Boston, MA 09/05/2014 (wallstreetpr) – Office Depot Inc. (NYSE:ODP) has moved to calm its shareholders amidst increased concerns on the amount of headwinds that it is currently facing. Increased competition, as well as reduced demand for the company’s office products continues to be some of the main challenges that the company is grappling with according […]

Family Dollar Stores, Inc. (NYSE:FDO) Receives Improved Takeover Bid from Dollar General Corp. (NYSE:DG)

Boston, MA 09/03/2014 (wallstreetpr) – Family Dollar Stores, Inc. (NYSE:FDO) Dollar might find itself in a tricky situation with its shareholders after Dollar General Corp. (NYSE:DG) tabled an improved bid that looks set to derail a deal with another discounter. The Los Angeles Times reports that a $9.1 billion takeover-bid was’ tabled by Dollar General. […]

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