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WMT Aug 2024 67.000 call
- Reuters
Walmart beats key claim in US FTC lawsuit over money transfer fraud
A U.S. judge threw out a central claim in a Federal Trade Commission lawsuit accusing Walmart of turning a blind eye to scam artists who used its money transfer services to fleece consumers out of hundreds of millions of dollars. In a decision on Wednesday, U.S. District Judge Manish Shah in Chicago rejected a claim that Walmart owes monetary damages for violating the federal Telemarketing Sales Rule. The rule prohibits deceptive and unfair acts in telemarketing, and bans money transfers to pay for goods and services offered through telemarketing.
- Yahoo Finance
Stocks are at record highs. Investors keep playing the hits.
Stocks were rallying on Friday and many of the most familiar names in the market were leading the way.
- Zacks
Walmart (WMT) Up 14% in 3 Months: Is Now a Good Time to Buy?
Walmart's (WMT) strategic investments in technology, e-commerce and omnichannel capabilities place it well for growth amid an evolving retail landscape.
