Walmart recalled 3.9K bottles of Better Homes and Gardens essential oils » 19:5310/2610/26/21
The company states:…
The company states: "Walmart continues to assist the Consumer Product Safety Commission and Centers for Disease Control and Prevention in their investigation and on Oct. 22 voluntarily recalled about 3,900 bottles of Better Homes and Gardens-branded- Essential Oil Infused Aromatherapy Room Spray with Gemstones in six different scents due to the possible presence of a rare and dangerous bacteria. Walmart quickly enacted plans on behalf of its customers after federal agencies alerted the company of concerns with an aromatherapy room spray manufactured by Flora Classique Inc. and sold under the Better Homes & Gardens brand."
Cboe open-close data identifies long-dated Stitch Fix call buyer at 200% » 15:2010/2610/26/21
Cboe open-close data…
Cboe open-close data identifies long-dated Stitch Fix call buyer at 200% strike. Shares off $1.43, or 4%, this afternoon near $33.55 with notable flow in the Jan23 70 strike calls where nearly 4k contracts have been bought in the $2.75-$3 range in a number of sweeps. Cboe open-close data confirms the buyer(s) to be opening for a customer account with market-makers positioning about 66% of the flow. Today's flow appears to add to 1700 contracts bought to open Friday near $3 with shares $35.
Walmart says expanding in-store bill payment services with InComm Payments » 13:1610/2610/26/21
Walmart and InComm…
Walmart and InComm Payments announced "a more convenient and efficient way for millions of customers to pay their bills or fund prepaid accounts nationwide" at more than 4,700 Walmart locations in the U.S. through VanillaDirect. Walmart said: "Bringing this service to Walmart stores creates additional convenience for Walmart shoppers by allowing them to quickly and easily pay bills or fund accounts in the InComm Payments VanillaDirect network which includes more than 15,000 billers and account providers across a variety of sectors, such as utility, telecommunication, tolling, banking, rental companies and insurance providers. The offering adds to the retailer's already extensive financial services and shows Walmart's continued commitment to serving un- and under-banked customers." Reference Link
Fly Intel: What to watch in auto sector earnings reports » 13:0910/2610/26/21
F, GM, LYFT, WMT, T, TU, AMZN
Ford (F) is scheduled to…
Five Below raises $1.5M for St. Jude Children's Research Hospital » 08:4010/2610/26/21
Five Below announced that…
Five Below announced that the Company has raised nearly $1.5 million during its recent fundraising campaign for St. Jude Children's Research Hospital and the important research and treatment it provides. Thanks to the generosity of its incredible customers, since first partnering with St. Jude in 2008, Five Below has raised more than $8.9 million for the hospital.
Chipotle to open virtual restaurant on Roblox » 08:1210/2610/26/21
Chipotle announced it…
Chipotle announced it will celebrate the 21st year of Boorito, a fan favorite Halloween event, by becoming the first restaurant brand to open a virtual location on Roblox, a global platform bringing millions of people together through shared experiences. In the Chipotle Boorito Maze experience, Chipotle will make $1M in free burritos available and offer access to new virtual Halloween costumes and exclusive Roblox items.
BJ's Restaurants price target lowered to $45 from $49 at Deutsche Bank » 06:4710/2610/26/21
Deutsche Bank analyst…
Deutsche Bank analyst Brian Mullan lowered the firm's price target on BJ's Restaurants to $45 from $49 and keeps a Buy rating on the shares. The company last week reported an "unusually bad" quarter in which sales came in below expectations and expenses came in above, "which is typically not a great combination," Mullan tells investors in a research note.
Best Buy price target raised to $155 from $150 at Piper Sandler » 06:0310/2610/26/21
Piper Sandler analyst…
Piper Sandler analyst Peter Keith raised the firm's price target on Best Buy to $155 from $150 and reiterates an Overweight rating on the shares following further analysis of the company's Totaltech membership program and Mastercard's holiday spending outlook for consumer electronics. The analyst's Totaltech pricing analysis suggests membership discounts are attractive, which he believes should help drive adoption and repeat purchase behavior.
Citi Trends management to meet with Benchmark » 04:5510/2610/26/21
Meeting to be held in…
Meeting to be held in Albany NY on October 26 hosted by Benchmark.
Best Buy, Home Depot stop selling Chinese surveillance products, TechCrunch says » 17:4410/2510/25/21
HD, BBY, LOW
Home Depot (HD) and Best…
Home Depot (HD) and Best Buy (BBY) have removed the Chinese video surveillance technology makers Lorex and Ezviz from their stores amid connections to human rights abuses, particularly China's ongoing efforts to suppress ethnic minorities in Xinjiang, TechCrunch's Zach Whittaker reports. Home Depot told TechCrunch that it is "committed to upholding the highest standards of ethical sourcing and we immediately stopped selling products from Lorex when this was brought to our attention." A spokesperson for Home Depot also confirmed that the retailer will no longer sell Ezviz products. Meanwhile, Best Buy said it was "discontinuing its relationship" with both companies, the author says, noting that Lowe's (LOW) has also pulled Lorex from its shelves. Reference Link