Amazon.com Inc. (NASDAQ:AMZN) is offering to “help” its brick-and-mortar competitors by selling their merchandise on its website. It’s the second time in recent months that the website has made a bold move to work with companies that see it as their biggest disrupter. Amazon.com, Inc. (NASDAQ:AMZN) stock opened at $352.44 in last session, and closed at $346.76, while the day range of Amazon.com, Inc. (NASDAQ:AMZN) stock is $346.75 – $354.14. The stock showed a negative weekly performance of -2.92%.
Wal-Mart Stores, Inc. (NYSE:WMT) may consider 1914 in debate over minimum wage. One hundred years later, U.S. companies including Gap and Wal-Mart Stores, Inc. (NYSE:WMT) are caught up in the debate over raising pay – his time an increase in the federal minimum wage. Wal-Mart Stores, Inc. (NYSE:WMT) stock opened at $73.19, in last session and closed at $73.12, by losing -0.54%. The 52 week range of WMT is $69.89 – $81.37. Company’s market capitalization is $237.06billion.
A number of retailers are slated to report quarterly results next week including Target Corp. (TGT) and Macy’s Inc. (NYSE:M), giving investors an even clearer picture of the critical holiday season and start to the new year. Macy’s, Inc. (NYSE:M) stock advanced 0.47% and finished the last session at $53.71. The EPS of the stock remained 3.56. Company’s market capitalization is $19.79billion.
Vehicle rental giant, Hertz Global Holdings Inc. ( HTZ ), has teamed up with warehouse retailer Costco Wholesale Corp. (NASDAQ:COST) to provide its 24/7 van rental service to Costco Wholesale Corp. (NASDAQ:COST) members in the UK. Costco Wholesale Corp. (NASDAQ:COST) members will have the ease of renting a Long Wheel Base Ford Transit Van from any of the 25 Costco Wholesale Corp. (NASDAQ:COST) warehouses in the U.K., to drive the goods purchased to their homes without any delay. Costco Wholesale Corporation (NASDAQ:COST) stock opened the session at $115.40, and closed the session at $113.19. The 52 week range of the COST stock remained $98.95 – $126.12 and the day range was $112.92 – $115.49.
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