The world’s biggest retailer, Wal-Mart Stores Inc. (NYSE:WMT) said on Tuesday that it will increase its spending on food safety in China to 300 million yuan ($48.32 million) in 2013, 2014 and 2015, up from a previously announced 100 million yuan in the same period. Wal-Mart Stores, Inc. (NYSE:WMT) net profit margin is 4.10% and weekly performance is -0.60%. On last trading day company shares ended up $75.70. Analysts mean target price for the company is $80.52. Wal-Mart Stores, Inc. (NYSE:WMT) distance from 50-day simple moving average (SMA50) is -1.85%.
Amazon.com Inc. (NASDAQ:AMZN) is jumping into the smartphone market with a handset called Fire Phone that is closely tied to the Internet retailer’s other services, ramping up competition with Apple Inc. and Samsung Electronics Co. Amazon.com, Inc. (NASDAQ:AMZN) shares advanced 2.69% in last trading session and ended the day on $334.38. AMZN gross Margin is 27.80% and its return on assets is 0.90%.Amazon.com, Inc. (NASDAQ:AMZN) quarterly performance is -10.41%.
Telecom Italia SpA (NYSE:TI) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Tuesday. Telecom Italia SpA (ADR) (NYSE:TI) shares moved up 2.78% in last trading session and was closed at $12.93, while trading in range of $12.64 – $12.93. Telecom Italia SpA (ADR) (NYSE:TI) year to date (YTD) performance is 29.82%.
Shares of VimpelCom Ltd (NYSE:VIP) have earned an average rating of “Hold” from the eleven brokerages that are currently covering the stock, AmericanBankingNews.com reports. Three investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $10.22. VimpelCom Ltd (ADR) (NASDAQ:VIP) ended the last trading day at $8.47. Company weekly volatility is calculated as 2.81% and price to cash ratio as 3.28.VimpelCom Ltd (ADR) (NASDAQ:VIP) showed a negative weekly performance of -2.87%.
Deutsche Telekom AG (ADR) (OTCMKTS:DTEGY) owned Croatian service provider T-Hrvatski Telekom has launched new Android and iOS apps for its MAXtv service. On last trading day company shares ended up $17.17.