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25 Jul

Walmart 'train wreck' profit warning sends shares down 10%

NEW YORK (Reuters) -Top U.S. retailer Walmart Inc on Monday slashed its profit forecast as surging prices for food and fuel prompted customers to cut back on discretionary purchases, and its shares slid 10% in trading after the bell.

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25 Jul

Walmart 'train wreck' profit warning sends shares diving 10% in late trade

NEW YORK (Reuters) -Top U.S. retailer Walmart Inc on Monday said its 2022 profits would drop much further than previously forecast as surging prices for food and fuel prompted customers to cut back on discretionary purchases, and its shares slid 10% in trading after the bell.

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25 Jul

First Ukraine Black Sea grain shipments could move in days - U.N., Ukraine

KYIV/UNITED NATIONS (Reuters) -The first shipments of Ukrainian grain could leave Black Sea ports within days under a U.N.-brokered deal to tackle a global food crisis that has worsened since Russia invaded its neighbor, the United Nations and Ukraine said on Monday.

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25 Jul

Walmart cuts profit forecast, blames food and fuel inflation

(Reuters) -Walmart Inc on Monday said it was cutting its forecast for full-year profit, due to pricing actions aimed to improve inventory levels at Walmart and Sam’s Club in the United States.

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25 Jul

Former Goldman banker, ex-FBI trainee charged with insider trading

NEW YORK (Reuters) -A former Goldman Sachs banker, a former FBI agent trainee, a technology executive and others were charged on Monday with insider trading in separate schemes that together generated millions of dollars in profits, U.S. prosecutors said.

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25 Jul

Walmart cuts full-year profit forecast

Walmart Inc on Monday trimmed its forecast for full-year profit.

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25 Jul

Investment banker, ex-FBI trainee charged with insider trading

A former investment banker, a former FBI agent trainee and several others were charged on Monday with insider trading in separate schemes that together generated millions of dollars in illegal profits, U.S. prosecutors said.

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