WMT Jan 2025 46.670 call
- Reuters
Mexico's Walmex expects final ruling from antitrust watchdog soon
MEXICO CITY (Reuters) -Mexico's Walmex, the local unit of U.S.-based retail giant Walmart, expects antitrust watchdog Cofece to soon announce its final ruling stemming from a probe into alleged anti-competitive practices, a senior executive said on Tuesday. "It will probably happen in just a few days or weeks," Javier Trevino, Walmex's senior vice president for corporate affairs, told reporters during a press conference. Later Alberto Sepulveda, the firm's Legal & Prevention senior vice-president, estimated the resolution will be announced "before the end" of October.
- Business Wire
Walmart Expands Pet Care Offerings with New Service Locations, Online Vet Access and Prescription Delivery to Offer Unparalleled Value & Convenience
BENTONVILLE, Ark., October 08, 2024--Walmart today announced key expansions to its core pet care offerings, widening access to affordable in-person and virtual veterinary care, pet prescription delivery, grooming services, pet food and supplies, all in one convenient experience for pet owners.
- Yahoo Finance
Amazon stock sinks as Wells Fargo downgrades shares
Amazon stock dropped amid a downgrade from Overweight to Equal Weight by Wells Fargo. Wells Fargo said Monday that Amazon's strength in the cloud services market won’t be enough to stave off hurdles: rising competition from Walmart, easing income from its advertising business, and high costs linked to its satellite project.
