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JSAIY

J Sainsbury

$0.00

(0.00%)

, WMT

Walmart

$102.23

2.23 (2.23%)

06:33
02/20/19
02/20
06:33
02/20/19
06:33

J Sainsbury, Asda say CMA findings 'fundamentally misunderstand how people shop'

Commenting on the Competition and Markets Authority provisional findings, a spokesperson for Sainsbury's and Asda said: "These findings fundamentally misunderstand how people shop in the UK today and the intensity of competition in the grocery market. The CMA has moved the goalposts and its analysis is inconsistent with comparable cases. Combining Sainsbury's and Asda would create significant cost savings, which would allow us to lower prices. Despite the savings being independently reviewed by two separate industry specialists, the CMA has chosen to discount them as benefits. We are surprised that the CMA would choose to reject the opportunity to put money directly into customers' pockets, particularly at this time of economic uncertainty. We will be working to understand the rationale behind these findings and will continue to press our case in the coming weeks." Reference Link

JSAIY

J Sainsbury

$0.00

(0.00%)

WMT

Walmart

$102.23

2.23 (2.23%)

  • 03

    Mar

  • 06

    Mar

JSAIY J Sainsbury
$0.00

(0.00%)

04/30/18
BARD
04/30/18
NO CHANGE
Target $105
BARD
Outperform
Walmart continues transformation with Asda deal, says Baird
Walmart's (WMT) plans to merge Asda with U.K. rival J Sainsbury (JSAIY) represents the latest move in CEO Doug McMillon's effort to transform/optimize the company's asset portfolio, Baird analyst Peter Benedict tells investors in a research note. He believes the deal signifies Walmart's continued focus on positioning itself for growth in "tomorrow's retail world." Benedict reiterates an Outperform rating on the shares with a $105 price target.
WMT Walmart
$102.23

2.23 (2.23%)

02/14/19
FBCO
02/14/19
NO CHANGE
FBCO
Rising prices in HPC/grocery an incremental benefit for Walmart comps, says Credit Suisse
Following recent comments about price increases from a number of suppliers, Credit Suisse analyst Seth Sigman analyzed pricing trends in the Mass retail channel, confirming that prices are indeed on the rise in HPC and grocery categories. For Walmart, this could be an incremental benefit for comps, even with a modest volume loss, he contends. The analyst also notes that prices in the Mass Channel, while now increasing year over year, are still growing at a lower rate versus other channels, and Mass still seems to be gaining "unit" share.
02/19/19
DBAB
02/19/19
NO CHANGE
DBAB
Buy
Deutsche Bank says Walmart investors relieved after company backs guidance
Deutsche Bank analyst Paul Trussell reiterated his Buy rating on Walmart following the company's Q4 earnings report, stating that its "high-quality beat" was driven by Walmart U.S. comps, 43% growth in e-commerce and improving leverage at Walmart U.S. "Perhaps more importantly," fears around greater Flipkart dilution were refuted as the company reiterated 2019 guidance, said Trussell, who believes rearmed expectations for continued EBIT and EPS growth excluding Flipkart "should provide a green light to accumulate shares."
02/19/19
RBCM
02/19/19
NO CHANGE
RBCM
Sector Perform
Walmart re-rating unlikely without earnings acceleration, says RBC Capital
RBC Capital analyst R. Scot Ciccarelli said Walmart's improvements and investments continue to deliver impressive sales growth and market share gains, though earnings flow-through "remains subdued." The analyst, who thinks that a sustained acceleration in profit growth is needed for Walmart shares to re-rate meaningfully higher, remains on the sidelines with a Sector Perform rating on the stock.
02/20/19
LOOP
02/20/19
NO CHANGE
Target $102
LOOP
Hold
Walmart Q4 benefited from strong U.S. sales and low tax rate, says Loop Capital
Loop Capital analyst Andrew Wolf kept his Hold rating and $102 price target on Walmart following its Q4 results, saying the earnings beat was "driven by a lower-than-guided tax rate and better-than-forecasted U.S. Segment same-store sales growth of 4.2%". The analyst also notes that while the company's e-commerce sales growth of 43% was "strong", its variable cost structure will remain a headwind on profitability this year. Wolf adds that Walmart shares are valued "in line with the mean of its closest peers" but also trade at about a 27% premium to their historical averages on expected forward earnings basis.

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MDR

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McDermott off lows after resuming, still down 44% »

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CYRX

Cryoport

$17.77

0.02 (0.11%)

13:56
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Cryoport collaboration with Vineti provides broad-based solution, CEO says »

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NFLX

Netflix

$288.50

-10.09 (-3.38%)

13:56
09/18/19
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13:56
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13:56
Periodicals
Netflix plans filmmaker bonus for successful movies, Bloomberg reports »

Netflix plans to pay…

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  • 23

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PLUG

Plug Power

$2.80

0.08 (2.94%)

13:55
09/18/19
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13:55
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13:55
Conference/Events
House Science, Space & Technology Committee to hold a hearing »

The Energy Subcommittee…

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  • 18

    Sep

13:55
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Conference/Events
Joint Economic Committee to hold a hearing »

The Joint Economic…

13:50
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09/18
13:50
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13:50
General news
Fed SEP forecasts: t »

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BYND

Beyond Meat

$150.50

-9.87 (-6.15%)

, QSR

Restaurant Brands

$73.02

-0.83 (-1.12%)

13:48
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09/18
13:48
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13:48
Periodicals
Restaurant Brands tells Bloomberg Tim Horton's Beyond Meat items were LTOs »

Restaurant Brands (QSR)…

BYND

Beyond Meat

$150.50

-9.87 (-6.15%)

QSR

Restaurant Brands

$73.02

-0.83 (-1.12%)

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CVGI

Commercial Vehicle Group

$7.20

0.02 (0.28%)

13:47
09/18/19
09/18
13:47
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13:47
Recommendations
Commercial Vehicle Group analyst commentary  »

Commercial Vehicle Group…

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13:45
09/18/19
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13:45
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13:45
General news
Breaking General news story  »

FOMC Forecasts to be…

13:45
09/18/19
09/18
13:45
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13:45
General news
FOMC Meeting Announcement Federal Funds Rate to be reported at 14:00 »

FOMC Meeting Announcement…

ACA

Arcosa

$34.14

-0.4 (-1.16%)

13:43
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13:43
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13:43
Initiation
Arcosa initiated  »

Arcosa initiated with a…

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  • 13

    Nov

CYRX

Cryoport

$17.95

0.2 (1.13%)

13:40
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13:40
Hot Stocks
Cryoport focused on providing 'reliable' solutions for life sciences, CEO says »

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MDR

McDermott

$3.00

-2.88 (-48.98%)

13:40
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13:40
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13:40
Hot Stocks
Breaking Hot Stocks news story on McDermott »

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  • 23

    Sep

MDR

McDermott

$3.00

-2.88 (-48.98%)

13:40
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13:40
Hot Stocks
McDermott says 'routinely hires external advisers' to evaluate opportunities »

McDermott International…

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  • 23

    Sep

MDR

McDermott

$3.00

-2.88 (-48.98%)

13:36
09/18/19
09/18
13:36
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13:36
Periodicals
McDermott hires AlixPartners to advise on turnaround, WSJ reports »

Following a second…

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  • 23

    Sep

STX

Seagate

$56.92

0.88 (1.57%)

13:35
09/18/19
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13:35
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13:35
Options
Seagate put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 19

    Sep

NLSN

Nielsen

$22.45

-0.13 (-0.58%)

13:34
09/18/19
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13:34
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13:34
Periodicals
Nielsen acquires minority stake in brand-safety company Open Slate, WSJ reports »

Nielsen Holdings has…

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BX

Blackstone

$52.93

-0.57 (-1.07%)

13:30
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Periodicals
Blackstone near $2.9B deal to buy Great Wolf Resorts, Bloomberg says »

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RUBI

Rubicon Project

$9.36

-0.05 (-0.53%)

, TLRA

Telaria

$8.03

-0.195 (-2.37%)

13:26
09/18/19
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13:26
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13:26
Recommendations
Rubicon Project, Telaria, Trade Desk analyst commentary  »

Google auction shift…

RUBI

Rubicon Project

$9.36

-0.05 (-0.53%)

TLRA

Telaria

$8.03

-0.195 (-2.37%)

TTD

Trade Desk

$209.29

-3.72 (-1.75%)

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FDX

FedEx

$149.76

-23.77 (-13.70%)

13:25
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09/18
13:25
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13:25
Downgrade
FedEx rating change  »

FedEx downgraded to Hold…

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