Wal-Mart Stores, Inc. (NYSE:WMT) the world’s largest retailer, is planning to open 50 cash and carry or wholesale retail outlets in India over the next four to five years. It already has 20 wholesale stores in India under the brand Best Price Modern Wholesale. These stores are not open to consumers but restricted to other retailers. Wal-Mart Stores, Inc. (NYSE:WMT) shares after opening at $78.86 moved to $78.95 on last trade day and at the end of the day closed at $78.62. Company price to sales ratio in past twelve months was calculated as 0.53 and price to cash ratio as 38.29. Wal-Mart Stores, Inc. (NYSE:WMT) showed a negative weekly performance of -1.43%.
Johnson & Johnson (NYSE:JNJ) has announced that it would be increasing the quarterly dividend rate. Johnson & Johnson had also released the financial results for Q1 2014 recently. The results look positive and portray that the company is headed towards growth and development. Johnson & Johnson (NYSE:JNJ) shares advanced 0.69% in last trading session and ended the day on $100.00. JNJ return on equity ratio is recorded as 21.50% and its return on assets is 11.90%. Johnson & Johnson (NYSE:JNJ) yearly performance is 20.06%.
Apple Inc (NASDAQ:AAPL) granted its new retail chief 113,334 restricted stock units, the company said in a regulatory filing on Monday, valuing at $68.1 million based on Monday’s closing share price. Apple Inc. (NASDAQ:AAPL) shares moved up 1.41% in last trading session and was closed at $600.96 while trading in range of $590.00 – $601.00 – Apple Inc. (NASDAQ:AAPL) year to date (YTD) performance is 7.76%.
Wells Fargo & Co (NYSE:WFC) Insurance, part of Wells Fargo & Company (WFC), has completed a transaction withUSI Insurance Services to sell 40 of its primarily smaller regional insurance brokerage and consulting locations. The sale is part of Wells Fargo’s strategy to focus investments and resources in markets where the insurance business has the greatest growth potential and stronger partnerships with the bank’s commercial customers. Wells Fargo & Co (NYSE:WFC) weekly performance is 1.27%. On last trading day company shares ended up $49.56. Wells Fargo & Co (NYSE:WFC) distance from 50-day simple moving average (SMA50) is 2.49%. Analysts mean target price for the company is $52.04.
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