Wal-Mart Stores, Inc. (NYSE:WMT) has sued Visa Inc (NYSE:V) for $5 billion in damages, alleging the card issuer, in league with some US banks, forced merchants to pay excessively high card swipe charges including interchange and network fees. Wal-Mart Stores, Inc. (NYSE:WMT) shares after opening at $76.26 moved to $76.60 on last trade day and at the end of the day closed at $76.01. Company price to sales ratio in past twelve months was calculated as 0.52 and price to cash ratio as 37.04. Wal-Mart Stores, Inc. (NYSE:WMT) showed a negative weekly performance of -0.12%.
Target Corp (NYSE:TGT) investment-grade credit rating was lowered by Standard & Poor’s on Friday by one notch to “A” from “A+.” The ratings agency said the downgrade came because of the company’s bigger-than-expected losses in its Canadian unit and the data breach that worsened decline in traffic and hurt overall sales and profitability. Target Corporation (NYSE:TGT) shares advanced 0.40% in last trading session and ended the day on $59.98. TGT return on equity ratio is recorded as 12.10 % and its return on assets is 4.40%. Target Corporation (NYSE:TGT) yearly performance is -8.62 %.
Costco Wholesale Corporation (NASDAQ:COST) is now proposing a new $30M location in Woodlands which is expected to cover around 150,000 square-feet & bring at minimum of 75 new jobs to this community. Costco Wholesale Corporation (NASDAQ:COST) shares moved down -0.33% in last trading session and was closed at $111.66 while trading in range of $111.15- $112.78 – Costco Wholesale Corporation (NASDAQ:COST) year to date (YTD) performance is -5.93%.
Big Lots Inc (NYSE:BIG) shares rose 2%. The company was upgraded to a buy rating from hold on Monday by KeyBanc Capital Markets because of progress being made on turnaround initiatives from the new management team, wrote KeyBanc analysts led by Bradley Thomas. The firm also initiated a 12-month price target of $45 on Big Lots. Big Lots, Inc. (NYSE:BIG) weekly performance is -2.16%. On last trading day company shares ended up $37.20. Big Lots, Inc. (NYSE:BIG) distance from 50-day simple moving average (SMA50) is 22.04%. Analysts mean target price for the company is $40.64.
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