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Walmart Stock Has Lots of Room to Rise on International Growth
12:00PM 7/18/2011
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Walmart's numbers have been stagnating in the U.S. lately, but overseas in emerging markets, the world's biggest retailer has been coming on strong. Its stock has been hovering in the low $50s -- and you won't believe where Trefis puts its estimate for the real value of the low-price giant.
With U.S. gas prices near historic highs, Americans are anxious about the cost of filling up. But we still feel far less pain at the pump than drivers in many other developed nations. On the flip side, if you drive in the right world cities, you can still pay less than $1 a gallon.
Baseball Makes a Mighty Pitch in China and Africa
9:00AM 2/20/2011
Major League Baseball's worldwide spread is facing slow going in China and Africa. But America's favorite pastime is working hard to find friends in both areas, starting with footholds in Taiwan and South Africa. MLB is clearly keeping its eye on the ball overseas.
If you want to know how the rural developing world could get cheap, easy wireless Internet access, just follow the money: Remittances to those regions total tens of billions each year, and the money flow isn't very efficient. The profits from micro-telcos taking over the business could prime the pump for an information revolution in the hinterlands.
Yum Brands Inc, (YUM) owner of the KFC and Pizza Hut brands, is taking aim at the fast-growing African market for fast food.
The company, based in Louisville, Ky, plans to double the number of KFC restaurants in Africa to 1,200 by 2014, The Wall Street Journal said. It hopes to double its revenue...
Wal-Mart Plans $4.6 Billion Move for South Africa's Massmart
6:51AM 9/27/2010
Wal-Mart Stores (WMT) is planning a $4.6 billion offer for South African retailer Massmart.
The deal would value Massmart at 148 rand ($21.10) a share, Bloomberg News said. That's 9.8% higher than the company's last closing price.
"We are continuing to deploy our strategy to accelerate growth...
Wheat Rises as Russia Extends Ban, Mozambique Strike Continues
8:44AM 9/03/2010
Wheat prices rose after Russia extended an export ban on grains and high food prices prompted a strike in Mozambique.
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Wheat for December delivery rose as high as $7.2475 a bushel in Chicago trading, Bloomberg News reported. Russia, crippled by drought and wildfires in...
South Africa has some lofty expectations about the boost the World Cup will bring to its economy. Economists are skeptical that the soccer tournament will live up to those expectations and history shows that it most likely will not.
Forget Austin Powers. The real "international man of mystery" is President Umaru Yar'Adua of Nigeria, who hasn't been seen in public for weeks. The absence comes at a tricky time for U.S.-Nigerian relations, as a Nigerian has been charged with trying to blow up a U.S. airliner and Obama needs Nigeria's help to counter Al-Qaeda's growing influence in the region.
When the global economic crisis set in, few segments of the luxury market took it harder than jewelry. Big brands have been laid low and some fairly major retailers, including Fortunoff, Whitehall and Robbins Brothers have filed for bankruptcy. And hit hardest of all has been the diamond industry....
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| Symbol | Last | Change / % | Volume |
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Most Actives
| 8.09 | -0.10 -1.16% | 144.54M | |
| 2.19 | +0.25 +12.63% | 92.86M | |
| 29.64 | -2.35 -7.35% | 23.01M | |
| 18.82 | -0.32 -1.65% | 22.24M |
% Gainers
| 32.67 | +8.77 +36.69% | 11.64M | |
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| 10.56 | +1.16 +12.34% | 2.63M |
% Losers
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