811 followers • 9 symbols Watchlist by Yahoo Finance
This basket consists of stocks that have attracted bad press.
Walmart Inc told staff on Friday it will stop selling e-cigarettes and electronic nicotine delivery products at its U.S. stores, amid a growing crackdown on surging teenage use of such products, reports of vaping-related lung disease and some deaths. Walmart's move comes on the heels of bans on sales of flavoured vaping products in New York and Michigan and after the Trump administration announced plans to remove all flavoured e-cigarettes from store shelves as officials warned that sweet flavours had drawn millions of children into nicotine addiction. President Donald Trump and other top U.S. officials also expressed concern about the growing use of such products as health officials investigate the matter.
Walmart is getting out of the vaping business. The nation's largest retailer said Friday that it will stop selling electronic cigarettes at its namesake stores and Sam's Clubs in the U.S. when it sells out its current inventory. The nation's largest retailer said the move is due to "growing federal, state and local regulatory complexity" regarding vaping products.
Atlas Technical Consultants Plans to Go Public via Combination with Boxwood Merger Corp. By John Jannarone From New York’s airports to crumbling roads in California, it’s no secret that U.S. infrastructure needs a helping hand. Fortunately for investors, there’s a soon-to-list company whose job is to be just that. Atlas Technical Consultants is a leading […]
Target's (TGT) healthy cash flow generation capability and efficient capital allocation efforts help it to enhance shareholder value. The company announces share repurchase plan of $5 billion.
Bernstein downgraded Costco stock to “underperform” due to its high valuation and competitive pressure. Jim Cramer suggests a “buy” on the downgrade.
Deutsche Bank (DB) makes progress in meeting the radical restructuring targets it had announced in July 2019 to free up capital for other productive business lines.
Walmart is to stop selling e-cigarettes, cutting off a significant source of sales for the vaping industry as it grapples with a backlash over teenage usage and the emergence of mysterious health problems associated with the products. regarding e-cigarettes” for the decision announced Friday, which will further narrow the route to market for brands such as Juul. It comes at the end of another difficult week for the vaping sector, during which US health officials said they had identified 530 cases of lung damage linked to e-cigarette use.
Ping An Insurance's OneConnect financial technology unit is aiming for a stock market debut in New York in mid November this year, a person with direct knowledge of the matter said. Ping An Insurance Group Co of China Ltd, China's biggest insurer by market value, changed the listing venue to New York from Hong Kong a few months ago in the hope of achieving a higher valuation. OneConnect, which provides technology solutions to small and medium-sized financial institutions, was eyeing a valuation of about $8 billion and raise up to $1 billion in the IPO, sources had told Reuters in June.
Microsoft (MSFT) stock appears to be one of safest mega-cap tech buys out there at the moment, even at its new all-time highs. And it just raised its dividend and announced a new share buyback program.
The Business Roundtable, a group that represents the most powerful companies in America, has named Walmart President and CEO Doug McMillon as its new chairman. McMillon succeeds JPMorgan Chase Chairman and CEO Jamie Dimon in the role. McMillon will serve as Business Roundtable chairman at the beginning of the new year, with a two-year term.
Benchmarks closed mixed on Wednesday as the Federal Reserve cut federal funds rates by a quarter percentage point, but gave mixed signals for further cuts this year.
In fact, imposition of tariffs has left some of the retailers with no other choice than to go for selective price increases, while trying not to hurt sales during the holiday season.
The Fed seeks to remain focused on analyzing incoming economic data to determine future moves. Heathy domestic economy and several streamlining efforts are likely continue supporting bank stocks.
The List 4 tariffs sparked concerns for the retail sector and American consumers making everyday goods expensive. Some retailers lowered outlooks for the current year due to the tariff woes.