Walmart closes outlet amid difficulties in China
The world’s largest retailer, Walmart Stores (WMT, quote), on Wednesday closed an outlet in east China’s Hangzhou city, in its seventh closure in the Chinese mainland since March.
The world’s largest retailer, Walmart Stores (WMT, quote), on Wednesday closed an outlet in east China’s Hangzhou city, in its seventh closure in the Chinese mainland since March.
Wal-Mart Stores Inc (WMT, quote) , the world’s largest retailer by revenue, plans to shut down another underperforming store-in Hangzhou, Zhejiang province-in late April, while a compensation dispute with employees from an inland store that closed in March remains unsolved.
Option Alert Service Signal New Trade Suggestion
Turmoil in Emerging Markets hit investor confidence in January and, after a stellar February, the crisis in the Ukraine could lead to profit taking this month. Indeed, volatility spiked to a similar level and the S&P came off its all-time-high on Friday as fears started to set in.
The thought of investing in Qatar or Kuwait may seem like a daunting task for most American investors. When in reality it could be as simple as buying one ETF in your online brokerage account.
Welcomes to today’s Morning Coffee Break – U.S. markets are coming of the largest single day gains since early September. Depending on which analysts have the airways the move was due to an extreme oversold condition while others point to the growing confidence in a deal to avoid the fiscal cliff.
Welcome to Monday’s Morning Coffee Break – U.S. futures are suggesting a positive open this morning after Friday’s sharpest one day drop in nearly four months. Market participants will be starting the week off with no economic data releases putting the focus on earnings and U.S. politics. Headlines in the Euro Zone will have a stronger impact on U.S. markets as well.
Welcome to Friday’s Morning Coffee Break – U.S. equity futures are suggesting lower open on final session of the week, weak Google (GOOG, quote) results dampened investor expectations for the remaining earnings season, especially those names in the tech sector.
Welcome to Monday’s Morning Coffee Break – U.S. markets this week start off behind the eight ball as markets come off their largest weekly losses in 4 months. Market participants find themselves about to embark into the fast lane of earnings season with the S&P 500 at a low point not seen since last month on the September 4. The tech heavy NASDAQ is worse off sitting on a low
Welcome to Thursday’s Morning Coffee Break – As we count down the final two sessions of the week U.S. indexes are on pace for the largest weekly drop since week ending on June 1st. Will bulls be able to muster the first daily gain this week for S&P 500 and NASDAQ?