Walmart is being ordered to pay a former truck driver nearly $35 million after a jury determined it falsely accused him of committing fraud before firing him, according to court documents and several reports. Jesus "Jesse" Fonseca — a former Walmart truck driver for 14 years — was awarded $25 million in punitive damages, plus $9.7 million for lost wages and benefits and non-economic harm by a San Bernardino County jury this week, according to court documents and a tweet from one of his lawyers, David deRube ...

Walmart (WMT 2.32%) may be the largest company in the U.S. by sales, but it keeps making its top line bigger. For a while, it looked like competitor Amazon (AMZN -0.64%) was poised to overtake it, but Walmart is just too big and doing too well to catch. It's a battle of true titans, as both companies boast more than $600 billion in revenues over the last four quarters.Walmart delivered another outstanding quarterly report last week, and the growth drivers behind the results might surprise you. Two factors h ...

We also look at nicotine products' popularity.In this podcast, Motley Fool analyst Nick Sciple and host Ricky Mulvey discuss:Highlights from Walmart's quarter.What shoppers want from mac and cheese.Why nicotine pouches may be "the biggest consumer product story this decade."Then, Motley Fool personal finance expert Robert Brokamp kicks off a two-part series with Christine Benz, Morningstar's director of personal finance and the author of How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirem ...

You might not know it, but Walmart (WMT 1.39%) has quietly been one of the best-performing retailers in recent years.In fact, over the last three years, it's outperformed top retail stocks like Costco Wholesale, Amazon, Target, and Home Depot as the chart below shows. Walmart has reinvented itself over the last decade from a stodgy brick-and-mortar retailer losing ground to Amazon to a modern omnichannel operation, delivering everyday low prices and convenience for customers, and finding growth opportunitie ...

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As the holiday shopping season approaches, the competition between retail giants Walmart and Amazon intensifies, shaping the eCommerce landscape. Both companies have established themselves as formidable players, offering extensive product assortments, competitive pricing and efficient logistics networks that ensure quick delivery. This rivalry is particularly pronounced in categories like electronics and household essentials, where consumers often compare prices and availability across both platforms before ...

Walmart Chief Financial Officer John David Rainey warned that President-elect Trump's proposed tariffs could lead to higher prices for Walmart shoppers.  "Tariffs are going to be inflationary. There's no disputing that," Rainey said during an interview with Liz Claman on "The Claman Countdown" on Thursday. "Likely consumers are going to pay more for the items that they pay and that these tariffs are applied to."  Under the proposals, a universal 10%-20% tariff would be imposed on imports from all foreign co ...

Brian Gilmartin, is a portfolio manager at Trinity Asset Management, a firm he founded in May, 1995, catering to individual investors and institutions that werent getting the attention and service deserved, from larger firms. Brian started in the business as a fixed-income / credit analyst, with a Chicago broker-dealer, and then worked at Stein Roe & Farnham in Chicago, from 1992 - 1995, before striking out on his own and managing equity and balanced accounts for clients. Brian has a BSBA (Finance) from Xav ...

Walmart TodayWMTWalmart$87.18 +0.58 (+0.67%) 52-Week Range$49.85▼$88.29Dividend Yield0.95%P/E Ratio35.78Price Target$91.51Add to WatchlistWalmart’s NYSE: WMT Q3 report and guidance for Q4 revealed that the tailwinds driving its business remain strong and steady, driving outperformance and another increase to the outlook. The news sent shares to a new all-time high, firing a strong technical signal that suggests this market will continue to trend higher. It is a strong signal because the stock is already in ...

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