http://www.cnbc.com/2016/08/18/wal-mart-reports-second-quarter-earnings.html http://www.usatoday.com/story/money/2016/08/18/walmart-posts-second-quarter-earnings/88907676/ http://stockcharts.com/h-sc/ui?s=wmt Trade: With WMT at 72.84 Dec 65/62.5 bull put spread for a net credit of $21 Yield = 21/229 = 9.2% in 105 days or 31% annualized Prob = 93% Expectation = .93(21) - .03(229) - .04(115) = 19.5 - 6.9 - 4.6 = 8 Price...... Profit / Loss...... ROM % 45.00......... (229.00).......... -91.60% 55.00......... (229.00).......... -91.60% 62.50......... (229.00).......... -91.60% 64.28........... (51.30).......... -20.52% 64.79.............. 0.00............. 0.00% 65.00............. 21.00............ 9.20% 75.00............. 21.00............ 9.20% 80.00............. 21.00............ 9.20% 90.00............. 21.00............ 9.20%
Exclusive: Wal-Mart not considering a bid for Whole Foods - source http://www.reuters.com/article/us-whole-foods-m-a-exclusive-idUSKBN19E2DE
Birchbox has held acquisition talks with Walmart Birchbox has recently been discussing a potential sale with several retailers, multiple sources told Recode. One potential acquirer who has spoken with the beauty subscription startup is Walmart, these people said, with conversations taking place between Walmart’s U.S. e-commerce chief Marc Lore and Birchbox co-founder and CEO Katia Beauchamp. It’s not clear how far along any of the talks are. Walmart has been on an acquisition tear snatching up Bonobos and ModCloth.(Recode)
Ex-Walmart exec claims cheating in race with Amazon In its race to catch Amazon in online retailing, Walmart issued misleading e-commerce results and fired an executive who complained the company was breaking the law, according to a lawsuit by the executive. Tri Huynh, a former director of business development at Walmart, claims he was terminated "under false pretenses" after repeatedly raising concerns about the company's "overly aggressive push to show meteoric growth in its e-commerce business by any means possible – even, illegitimate ones."(Ad Age)
Walmart expands car-buying service to 250 stores Walmart Inc. will expand a car-buying service offered to its customers by opening 250 CarSaver Shopping Centers at its stores. The program, run on CarSaver's digital automotive marketplace, has essentially been in pilot mode at 14 Walmart stores since it was announced early last year. CarSaver, of Miami, uses a network of certified dealerships, banks and insurance companies to support its car-shopping assistance to Walmart customers. Every vehicle bought through CarSaver comes with a lifetime warranty.(Ad Age)
Walmart gets wired. Walmart has opened its first high-tech supermarket in partnership with Chinese online retailer JD.com. The newly launched supermarket in the southern tech hub of Shenzhen stocks products that customers can purchase with their smartphones via JD.com's JD Daojia platform or Tencent's WeChat messaging app. Walmart first partnered with JD.com two years ago as both companies struggled to overcome the retail dominance of Alibaba, and Walmart last week announced that it would drop Alibaba's Alipay services in stores in favour of Tencent's WeChat payments. Reuters