Wal-Mart Stores Inc (WMT.N)
17 Apr 2014
|Market Cap (Mil.):||$250,777.80|
|Shares Outstanding (Mil.):||3,229.18|
- Wal-Mart Stores Inc is launching a money transfer service in a direct challenge to the dominance of Western Union Co. and MoneyGram, aiming to broaden the financial services it offers to low-income customers and increase store traffic.
April 17 - Wal-Mart Stores Inc said on Thursday it was launching a new domestic money transfer service called "Walmart-2-Walmart" in partnership with Euronet Worldwide Inc subsidiary Ria Money Transfer, competing directly with Western Union Co.
NEW YORK - Wal-Mart Stores Inc said on Wednesday that it will announce a new service with electronic payments provider Euronet Worldwide Inc on Thursday, but gave no other details.
NEW YORK, April 16 - Wal-Mart Stores Inc said on Wednesday that it will announce a new service with electronic payments provider Euronet Worldwide Inc on Thursday, but gave no other details.
(The following statement was released by the rating agency) CHICAGO, April 16 (Fitch) Fitch Ratings has assigned an 'AA' rating to Wal-Mart Stores, Inc.'s (Walmart) $2.5 billion note issuance, consisting of: --$500 million of 1% notes due 2017; --$1 billion of 3.3% notes due 2024; and --1 billion of 4.3% notes due 2044. The Rating Outlook is Stable. The proceeds from the issuance will be used for general corporate purposes. A full list of ratings follows at the end of this release. KEY RATI
* French hypermarket sales up 0.1 pct in Q1 vs 2 pct decline in Q4
JOHANNESBURG - The chief executive of South Africa's Massmart Holdings Ltd will quit later this year, leaving the unit of Wal-Mart Stores Inc in the midst of a problematic expansion across Africa and growing competition at home.
* Founder Lamberti has resigned as chairman (Adds details and background)
JOHANNESBURG, April 11 - The chief executive of Massmart, the South African unit of U.S. retailer Wal-Mart Stores, will step down on June 1 after seven years at the helm of the discount retailer, the company said on Friday.
April 10 - Wal-Mart Stores Inc wants Americans, even those on a budget, to buy more organic food.
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