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Activist Investor Wants Target’s Brian Cornell Completely Out
Yahoo Finance· 2025-10-01 21:29
Like rubbing salt into the wound, an activist investor is seeking to block outgoing Target chief executive officer Brian Cornell’s transition to executive chairman next February. In August, Cornell, under pressure due to a string of poor quarterly business results and declining stock price, said he would step down as Target’s CEO on Feb. 1 and transition into the role of executive chairman. Michael Fiddelke, Target’s chief operating officer, will succeed Cornell as CEO. More from WWD But on Wednesday, th ...
Walmart now plans to bring drone deliveries to ‘most areas that we operate in,’ exec says
Yahoo Finance· 2025-10-01 19:29
For more than half a decade, Walmart has been testing a variety of drones to assess the viability of airborne deliveries. On Tuesday, a Walmart executive said the company now believes drone deliveries are ready to become a key part of the retail giant’s operations. Drone delivery will “be in most areas that we operate in,” Walmart senior vice president of transformation and innovation Greg Cathey said Tuesday. While Cathey did not provide a specific timeline, he made it clear that the retail giant is movi ...
Walmart (WMT): A Core Holding for Dividend-Focused Portfolios
Yahoo Finance· 2025-10-01 17:59
Walmart Inc. (NYSE:WMT) is included among the 12 Best Dividend Aristocrat Stocks to Invest in Right Now. Walmart (WMT): A Core Holding for Dividend-Focused Portfolios Photo by Annie Spratt on Unsplash Walmart Inc. (NYSE:WMT) has grown from its small-town roots in Arkansas into one of the world’s leading retailers. While its era of rapid expansion may have passed, the company continues to deliver strong returns by capitalizing on its vast US presence and growing online operations to maintain its dominanc ...
An AI Wake-Up Call From Walmart's CEO
WSJ· 2025-10-01 14:08
Plus, Taylor Swift's engagement highlights a trend for women in the workplace and laid-off tech workers are skeptical of the new H-1B fee, in this edition of the Careers & Leadership newsletter. ...
Walmart Ditching Dyes, Other Artificial Ingredients in Its Food Brands
WSJ· 2025-10-01 12:00
Core Point - The retail giant is committed to eliminating synthetic dyes from all its store-brand food products, which include Great Value, Marketside, Freshness Guaranteed, and Bettergoods [1] Group 1 - The company is taking steps to enhance the quality and safety of its food offerings by removing synthetic dyes [1] - This initiative reflects a growing trend in the food industry towards cleaner and more natural ingredients [1]
KeyBanc Capital Markets Maintains an Overweight Rating on Walmart Inc. (WMT) with a Price Target of $110
Yahoo Finance· 2025-09-30 19:07
With strong profitability, Walmart Inc. (NYSE:WMT) secures a spot on our list of the 11 Most Profitable Blue Chip Stocks to Buy Right Now. KeyBanc Capital Markets Maintains an Overweight Rating on Walmart Inc. (WMT) with a Price Target of $110 Pixabay/Public Domain With significant upside potential, Walmart Inc. (NYSE:WMT) secures a spot on our list of the 11 Most Profitable Blue Chip Stocks to Buy Right Now. Despite rising input prices, KeyBanc Capital Markets maintained an Overweight rating on Walmar ...
Comparably Announces 2025 Happiest Employees, Best Perks & Benefits, and Work-Life Balance Awards
Businesswire· 2025-09-30 14:34
Share Adobe & ADP claim top spots for Employee Happiness, while Google surges to #1 in Perks & Benefits from 7th place VANCOUVER, Wash.--(BUSINESS WIRE)--Comparably (a ZoomInfo company) – a leading employee review platform for workplace culture and compensation – today announced the winners of its 2025 Happiest Employees, Best Perks & Benefits, and Best Work-Life Balance awards. Google made a dramatic leap from 7th place to #1 in Best Perks & Benefits, reflecting renewed focus on comprehensive employee rete ...
Boston Fed president: It may be appropriate to easy policy 'a bit further this year'
Youtube· 2025-09-30 13:56
Um, it's a busy day of Fed speak. We're getting Collins on the tape just now. Let's get to Steve Leeman.Morning, Steve. >> Morning, K. Boston Fed President Susan Collins saying it may be appropriate to ease policy a bit further this year if it's supported by the data.Hold on to those two thoughts. I'll come back to them. She says she can sees she sees continued modestly restricted policy stance as being appropriate.So maybe not going as far as the market is priced in. The Fed needs to restore price stabilit ...
Is This Undervalued Dividend King the Best Income Stock to Buy Today?
Yahoo Finance· 2025-09-30 12:00
Core Insights - The article highlights the contrasting dividend yields of Walmart and Target, with Walmart at 0.9% and Target at approximately 5.2%, suggesting that Target may be undervalued among Dividend Kings [1][2] Group 1: Company Comparison - Walmart has a market capitalization of around $800 billion, making it one of the largest consumer staples companies globally, while Target's market cap is nearly $40 billion, indicating a significant size disparity [3] - Both companies are fierce competitors in the U.S. retail market, particularly in grocery and big box store segments, serving as primary alternatives for consumers [4][5] - Current consumer preferences are leaning towards Walmart's everyday low-price strategy due to inflation concerns and recession risks, impacting sales performance [6] Group 2: Dividend Performance - Both Walmart and Target are classified as Dividend Kings, reflecting their long histories of reliable annual dividend increases [5][7] - Target's sales fell by 0.9% in the second quarter of 2025, with same-store sales down 1.9%, contrasting with Walmart's 4.8% increase in U.S. sales and 4.6% rise in same-store sales during the same period, leading to a shift in investor sentiment [9]
4 Singapore Dividend-Paying Blue-Chip Stocks Paying Out Additional Dividends
The Smart Investor· 2025-09-29 23:30
Core Insights - Blue-chip stocks are recognized for their strong performance and consistent dividend payments, providing a reliable source of passive income for investors [1] - Several blue-chip companies have announced additional dividends, enhancing their appeal to investors seeking income [2] DBS Group (SGX: D05) - DBS Group, Singapore's largest bank, reported a total income of S$11.6 billion for 1H 2025, a 5% increase year on year, driven by a 3.2% rise in net interest income [3] - Net profit decreased by 1% year on year to S$5.7 billion due to a 15% global minimum tax rate, but total income and profit before tax reached record levels for 1H 2025 [4] - The bank declared a core interim dividend of S$0.60 and a capital return dividend of S$0.15, totaling S$0.75, which is nearly 39% higher than the S$0.54 paid out the previous year [4][5] DFI Retail Group (SGX: D01) - DFI Retail Group reported flat revenue of US$4.4 billion for 1H 2025, while underlying net profit surged by 39% year on year to US$105 million [6] - The group declared a special dividend of US$0.443 per share, its first in 18 years, resulting from the divestment of its Singapore food business and a minority stake in Robinsons Retail [7] - The retailer raised its underlying profit guidance to between US$250 million and US$270 million, indicating positive outlook for its core business [7] Singtel (SGX: Z74) - Singtel reported stable operating revenue of S$14.1 billion for FY2025, with underlying net profit increasing by 9% year on year to S$2.5 billion [8] - The company achieved cumulative savings of around S$400 million by FY2025, targeting S$600 million by the end of FY2026 [9] - Singtel declared a core final dividend of S$0.067 and a value realisation dividend of S$0.033, totaling S$0.10, marking a 13% increase from the previous fiscal year's dividend [9][10] Venture Corporation Limited (SGX: V03) - Venture Corporation reported a revenue decline of 8.8% year on year to S$1.26 billion for 1H 2025, with net profit falling by 8.6% to S$113 million [12] - The company declared an interim dividend of S$0.25 and a special dividend of S$0.05, bringing the total dividend for 1H 2025 to S$0.30, higher than the previous year's S$0.25 [13] - Management expressed optimism about future business opportunities despite current volatility [14]