WMT

Walmart and unspun Collaborate on 3D Fabric Weaving Technology, Aiming To Reduce Apparel Manufacturing Waste and Drive US-Based Manufacturing

Retrieved on: 
Thursday, March 14, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240314778881/en/
    Walmart and unspun work together to reduce the environmental impact of garment production.
  • These issues, combined with the emissions generated from transporting garments and fabrics supplied offshore, have created demand for more sustainable apparel manufacturing supply chain solutions.
  • In July 2023, Walmart announced a pilot for innovative carbon capture and conversion technology also for the apparel manufacturing supply chain.
  • In its own operations, Walmart has set a goal to be powered 50% by renewable energy by 2025 and 100% by 2035.

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of VZIO; Are Shareholders Getting a Fair Deal?

Retrieved on: 
Tuesday, February 20, 2024

You can click on the following link to join this investigation:

Key Points: 
  • You can click on the following link to join this investigation:
    On February 20, 2024, VZIO announced that it had entered a deal to merge with Walmart.
  • Under the terms of the deal, VZIO shareholders will receive only $11.50 per share in an all-cash offer.
  • Nationally recognized, Johnson Fistel is investigating whether the proposed deal represents adequate consideration, especially given analysts' projections for future earnings growth and VZIO shares traded over $26, several years ago.
  • and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker ( [email protected] ) at 619-814-4471.

Walmart Leadership to Participate in Upcoming Investor Events

Retrieved on: 
Monday, February 26, 2024

Walmart Inc. (NYSE: WMT) announced today that company leadership will participate in upcoming investor events.

Key Points: 
  • Walmart Inc. (NYSE: WMT) announced today that company leadership will participate in upcoming investor events.
  • March 5: Raymond James Institutional Investors Conference – Steph Wissink, senior vice president of investor relations and Kary Brunner, senior director of investor relations will participate in meetings.
  • March 13: UBS Global Consumer and Retail Conference – Steph Wissink, senior vice president of investor relations and Kary Brunner, senior director of investor relations will participate in meetings.
  • April 10: Wolfe Research Spring Small Group Conference – Walmart Investor Relations will participate in virtual group meetings.

Walmart raises annual dividend 9 percent to $0.83 per share, the largest increase in over 10 years, marking 51st consecutive year of dividend increases

Retrieved on: 
Tuesday, February 20, 2024

We're proud to be increasing our annual dividend for the 51st consecutive year.

Key Points: 
  • We're proud to be increasing our annual dividend for the 51st consecutive year.
  • Trading in the company’s common stock on a post-split basis will begin on February 26, 2024.
  • For additional information, refer to our Report on Form 8-K filed with the SEC dated January 31, 2024.
  • Each week, approximately 255 million customers and members visit more than 10,500 stores and numerous eCommerce websites in 19 countries.

Thinking about trading options or stock in Advanced Micro Devices, Pfizer, Samsara, New York Community Bancorp, or Walmart?

Retrieved on: 
Friday, March 8, 2024

NEW YORK, March 8, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, PFE, IOT, NYCB, and WMT.

Key Points: 
  • NEW YORK, March 8, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, PFE, IOT, NYCB, and WMT.
  • Click a link below then choose between in-depth options trade idea report or a stock score report.
  • Options Report – Ideal trade ideas on up to seven different options trading strategies.
  • The report shows all vital aspects of each option trade idea for each stock.

Walmart To Host Fourth Quarter Earnings Conference Call Feb. 20, 2024

Retrieved on: 
Tuesday, February 13, 2024

Walmart Inc. (NYSE: WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Tuesday, Feb. 20, 2024, to discuss the company’s fourth quarter and full-year earnings results for fiscal year 2024.

Key Points: 
  • Walmart Inc. (NYSE: WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Tuesday, Feb. 20, 2024, to discuss the company’s fourth quarter and full-year earnings results for fiscal year 2024.
  • Doug McMillon, president and chief executive officer, and John David Rainey, executive vice president and chief financial officer, will host the call to discuss the results and answer questions.
  • The event will be webcast live and is accessible by visiting corporate.walmart.com/news/events and selecting the Fourth Quarter Earnings Release event.
  • The company will release its fourth quarter and full-year earnings results and related materials at 6 a.m. CST Feb. 20.

Pitney Bowes Announces Continued Refreshment of its Board of Directors

Retrieved on: 
Wednesday, January 31, 2024

“It has been a privilege to lead the Board of Pitney Bowes, a storied business with a more than 100-year history of change and innovation.

Key Points: 
  • “It has been a privilege to lead the Board of Pitney Bowes, a storied business with a more than 100-year history of change and innovation.
  • I look forward to working with management and the rest of the Board, including our newest members, to build on this momentum between now and the Annual Meeting.
  • Mr. Simon is an experienced public company director and former executive, with skills and perspectives that will be additive to Pitney Bowes’ Board.
  • Ms. Sutton is a public company director and former executive with extensive experience that will be additive to Pitney Bowes’ Board.

Walmart Announces 3-for-1 Stock Split

Retrieved on: 
Tuesday, January 30, 2024

Walmart Inc. (NYSE: WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1.​ The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach.

Key Points: 
  • Walmart Inc. (NYSE: WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1.​ The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach.
  • As part of the benefits provided to its associates, Walmart has had an Associate Stock Purchase Plan for almost 30 years.
  • Walmart's common stock will begin trading on a post-split basis at the market open on Monday, Feb. 26, 2024, under the company's existing trading symbol “WMT.” The stock split and final ratio were approved by Walmart's board.

  • The company expects that the stock split will increase the number of shares of Walmart’s outstanding common stock from approximately 2.7 billion shares to approximately 8.1 billion shares.

Browning West Issues Letter to Gildan Activewear Shareholders Announcing Intent to Requisition Special Meeting to Reconstitute Board of Directors

Retrieved on: 
Friday, December 29, 2023

Today, Browning West issued a letter to shareholders announcing its intent to requisition a Special Meeting of Gildan Shareholders (the “Special Meeting”) to provide shareholders an opportunity to reconstitute Gildan’s Board of Directors (the “Board”) by removing five incumbent directors and installing five highly qualified individuals: Michael Kneeland, Glenn Chamandy, Peter Lee, Karen Stuckey, and J.P. Towner.

Key Points: 
  • Today, Browning West issued a letter to shareholders announcing its intent to requisition a Special Meeting of Gildan Shareholders (the “Special Meeting”) to provide shareholders an opportunity to reconstitute Gildan’s Board of Directors (the “Board”) by removing five incumbent directors and installing five highly qualified individuals: Michael Kneeland, Glenn Chamandy, Peter Lee, Karen Stuckey, and J.P. Towner.
  • Browning West is a significant and long-term shareholder of Gildan, with a beneficial ownership position of approximately 5.0% of the Company’s outstanding shares.
  • We expect that Mr. Kneeland and the re-constituted Board will reassess committee composition and reassign committee chair roles.
  • Gildan’s Board has demonstrated it is unwilling to act in the best interest of the Company and its shareholders.

World Mobile Leads the Telecommunications Revolution With a Decentralized Approach; Accelerates Rural Connectivity With Its African Expansion

Retrieved on: 
Thursday, December 21, 2023

World Mobile utilizes blockchain to create a sharing economy within the trillion-dollar global telecom market to reach its goal of connecting the unconnected.

Key Points: 
  • World Mobile utilizes blockchain to create a sharing economy within the trillion-dollar global telecom market to reach its goal of connecting the unconnected.
  • World Mobile is also recognized for its AirNodes , radios strategically deployed in a sharing economy model, providing connectivity.
  • Led by CEO Micky Watkins, World Mobile is actively combating the digital divide, particularly in emerging markets and the United States.
  • World Mobile's approach, combining cutting-edge technology with a robust economic model and regulatory compliance, establishes it as a frontrunner in the decentralized mobile network industry.