In this regard, we have Wal-Mart supercentres, Sam's Clubs etc. Currently, the company's president is Mr. Mike Duke. Other key management positions in the firm include the position of chief financial officer, vice chairman, chief executive officer-international operations, and chief executive officer- Wal-Mart U.S.. These key positions are currently held by Mr. Charles M. Holley Jr., Mr. Eduardo Castro-Wright, Mr. Doug McMillon and Mr. William S. Simon respectively.
Part 9
Headline 1
"Stagnant Wages, High Unemployment Slam Wal-Mart U.S. Sales: Domestic Sales at World's Largest Retailer Post Two-Year Slump." (5/17/2011). (MSN n.p.)
Impact and Reason
In my own opinion, the news item above will bring about a decrease in the price of Wal-Mart's Store Stock. My reasoning in this case is that based on a decline in sales, investors will not be so keen on buying the stock hence effectively decreasing its demand. Decease in demand will depress the share price of the stock.
Headline 2
"Wal-Mart has First U.S. sales Rise in Two Years." (Oct 12th 2011). (Rappeport, n.p.)
Impact and Reason
In my own opinion, the news item above will bring about an increase in the price of the Wal-Mart's stock. In this case, investors will demand more of the stock as there is more to be gained going forward inform of dividends or otherwise should the company continue its profitability streak.
Headline 3
"Wal-Mart's Quiet Tax Haven." (Sept 23rd 2011). (LaRocco)
Impact and Reason
In my view, this news item is bound to bring about an increase in the price of Wal-Mart's stock. This is as investors come to the retaliation that Wal-Mart is making more savings (and hence more profits) from tax avoidance than its competitors.
Part 10
From its website, I learnt that Mike Duke, the retailer's president uses the Website as a platform to communicate with visitors through the header...
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