Posted on 10/14/2015 1:56:22 PM PDT by ScottWalkerForPresident2016
http://www.usatoday.com/story/money/markets/2015/10/14/walmart-biggest-owners-loss/73937892/
How did you fake the early sign up date. Because anyone that's really been around since 2001 would know about the Updated FR Excerpt and Link Only or Deny Posting List due to Copyright Complaints http://www.freerepublic.com/focus/f-news/1111944/posts
Yeah.
And any slow-witted person can figure out how to say a few words about what the link is about.
Oh don’t encourage him. Humblegunner is nothing more than narcissist who for the life of me I cannot understand why the mods put up with him. Often wrong snd never in doubt I would opine he is a jackass...but I would hate to insult jackasses everywhere
The pre announced bad earnings.
The stock dropped about $5. Biggest one day loss in their history.
Oops. I thought there were “green shoots.” I guess not. Ha ha.
Exactly! Can’t help but wonder when these companies that back the liberal agenda will open their eyes and see that not only are they killing this country, they are killing the people that help them survive. Just sickening!
HG. Have a snickers bar, dude.
That sounds like my sis-in-law. For some reason I don't go over there much.
They didn't "lose" a cent - unless they sell in panic.
They still have just as many shares... and the stock will prolly come back.
Walmart hasn’t released it publicly, but they were recently subject of a serious data breach according to many IT security insiders.
I used to shop at WALTONS on the square in Bentonville as a kid, this was before they took a chance to become big. THEY SUCCEEDED! Let’s punish them for success!
At least I’m not scared to address folks directly.
As you apparently are.
He used to have a posse. They ganged up on me on a thread a few years ago. He seems to by flying solo most of the time these days. Just checked; a couple of his old buddies still seem to be active.
The headline provides adequate explanation. The stock tanked today.
Don’t know if the USA Today story went into it, but the reason the stock tanked is that they announced that wage increase they put in place is killing their profits.
You do remember that Hillary used to be on their board of directors, don’t you?
You got my message. Take it how you like.
The USA Today story does NOT go into it. There is a related story there about Amazon doing much better, but that's about it.
Do you have a link to the wage increase announcement (effect on profits)?
Walmart is the new face of crony Capitalism, using government to boost their business and hurt their competition. They could give a hoot about Obamacare. They already give health insurance to their employees. But by supporting Obamacare it forces other competitors who didn't have benefits to pay for them, hurting the competitor's bottom line without doing a thing to Walmart.
Another example would be Costco's support for raising the minimum wage. They already pay far more than minimum so lobbying for an increase does nothing to them but hurts their competition who pay less in wages. Why compete on value and service when you can get the government to hurt the competition for you?
Ah, never mind - I found it here.
http://investorplace.com/2015/10/stocks-gold-nflx-wmt-retail-dow-jones/#.Vh7lgsuD5aQ
I suppose it’s not unexpected, but it’s still a “wow”. Kinda like watching fireworks...
gee, you’d think by the 4th or 5th time, she’d duck out of the way. :)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.