This post was just published on ZYX Buy Change Alert WMT just reported EPS of $1.08 vs consensus of $1.07; revenues of $113.9 billion vs consensus $114.95 billion. For the next quarter WMT projects $1.53 – $1.58 vs consensus of $1.59. For the year, WMT projects $4.88 – $4.93 vs consensus of $4.94. Earnings are a
October was not a kind month to Apple. There has been a big management shakeup, the Street does not like the price of the iPad mini, iPhone 5 is experiencing supply issues, and earnings–as well as projections–were below expectations. As if Apple needed it, the Israeli-U.S. start-up, Boxee, is now bringing
The Federal Reserve provides a gold mine of both medium-term investment opportunities and short-term trading opportunities. The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings every year. One of those is being held this week, with a rate decision set to be announced at 2:15 p.m. Eastern on
There is not much doubt thatBest Buy (BBY) will go out of business eventually unless it changes the way it does business. Finally there is a big leap at Best Buy to arrest the company’s downward spiral. Best Buy founder and former chairman Richard Schulze has resigned. Schulze owns 20.1% of the company.
This morning Wal-Mart (WMT) reported blowout earnings. As of this writing, Wal-Mart stock is up $3.20, or 5.4%, even though the overall market is down. Here is why I recently bought Wal-Mart and recommended it as a buy to my subscribers on the news of bribery scandal in Mexico. Investment
This post was just published on ZYX Buy Change Alert Consider taking profits on a 5% tranche on WMT right here at $62.10.
This post was just published on ZYX Buy Change Alert Wal-Mart (WMT) reports $1.09 vs consensus of $1.04; reports revenues of $112.3 billion vs consensus of $110.54 billion. WMT sees Q2 EPS $1.13 – $1.18 vs consensus of $1.16. Commentary in the earnings release is positive. In the pre-market, the stock is
When does $1.00 equal $720? When Wal-Mart Stores Inc. /quotes/zigman/245476/quotes/nls/wmt WMT +2.69% loses $720 in market value for every $1 of alleged bribes in Mexico. But maybe the larger question is whether or not that loss provides an opening for investors. I think that it does. The bribery accusations According
This post was previously posted on ZYX Buy Change Alert Scaremongers are out in full force predicting dire consequences for Wal-Mart (WMT) arising out of New York Times article regarding bribery charges in Mexico. It is a great topic to gain publicity for the scaremongers. However, their predictions are not consistent with
This post was published earlier on ZYX Buy Change Alert Wal-Mart (WMT) is being hit hard on revelation of bribes in Mexico. As a short term trade, only aggressive traders may consider buying no more than 25% of full core position size in the zone of $58.31 to $59.36. Target $62 to