Wal-Mart Stores Inc. (NYSE:WMT) has raised its investment in a Chinese eCommerce firm.

Wal-Mart Stores Inc. eCommerce China Investment Boosted

Wal-Mart Stores Inc. (NYSE:WMT) announced that it has inked an agreement to increase its investment in the holding company of Yihaodian.

The investment in this fast-growing eCommerce website in China will bring Wal-Mart Stores Inc. (NYSE:WMT)’s total ownership stake to approximately 51 percent.

Neil Ashe, President and CEO of Wal-Mart Stores Inc. (NYSE:WMT) Global eCommerce, said that, “This investment further enables Wal-Mart Stores Inc. (NYSE:WMT) to deliver a superb customer experience to Chinese consumers that are already connected to the world through smart phones and social media. We are on track to create the next generation of eCommerce, offering the latest in online innovations to give our customers a unique shopping experience. Wal-Mart Stores Inc. (NYSE:WMT) is very impressed with Yihaodian’s strong management team, solid competence in supply chain management and, like Wal-Mart Stores Inc. (NYSE:WMT), they are committed to outstanding service to their customers.”

Wal-Mart Stores Inc. (NYSE:WMT) shares are currently standing at 62.48.

Price History
Last Price: 62.48
52 Week Low / High: 48.31 / 62.63
50 Day Moving Average: 60.19
6 Month Price Change %: 19.5%
12 Month Price Change %: 14.1%

Wal-Mart Stores Inc. (NYSE:WMT) is set to up its investment in Chinese e-commerce firm Yihaodian.

Wal-Mart Stores Inc. To Boost China Investment

Wal-Mart Stores Inc. (NYSE:WMT) has reached an agreement to increase its stakes in the Chinese e-commerce firm Yihaodian in a move to expand its presence in China.

Once the transaction is approved, the company will hold a 51 percent stake in Yihaodian.

Wal-Mart Stores Inc. (NYSE:WMT)’s Global e-commerce president and CEO Neil Ashe said, “This investment further enables Wal-Mart Stores Inc. (NYSE:WMT) to deliver a superb customer experience to Chinese consumers that are already connected to the world through smart phones and social media. We are on track to create the next generation of eCommerce, offering the latest in online innovations to give our customers a unique shopping experience”.

Wal-Mart Stores Inc. (NYSE:WMT) shares were at 62.48 at the end of the last day’s trading. There’s been a 9.2% change in the stock price over the past 3 months.

Wal-Mart Stores Inc. (NYSE:WMT) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.96
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2
Zack’s Rank: 3 out of 18 in the industry

FedEx (NYSE:FDX) has got approval for its expansion plans in Memphis.

FedEx Gets Expansion Go-Ahead

A Memphis City Board has given FedEx (NYSE:FDX) approval to expand in Bluff City.

The shipping giant wants to move all of its training facilities to Memphis, and the shipping giant plans to spend more than $140 million to do it.

The project will consolidate FedEx (NYSE:FDX)’s entire pilot training program into one facility and is expected to be completed in 2016.

FedEx (NYSE:FDX) shares were at 95.00 at the end of the last day’s trading. There’s been a 15.5% movement in the stock price over the past 3 months.

FedEx (NYSE:FDX) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.32
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.32
Zack’s Rank: 1 out of 7 in the industry

Procter & Gamble (NYSE:PG) has partnered with the Canadian Olympic Committee to support youth sports in the country.

Procter & Gamble Makes Canada Olympic Deal

Under this new partnership, the US based Procter & Gamble (NYSE:PG) will sponsor KidSport Canada, a national not-for-profit organization that helps underprivileged kids participate in organized sports.

Thom Lachman, President, Procter & Gamble (NYSE:PG) Canada said, “A great champion is not born overnight; it takes time, dedication and love and support. Moms give so much to see their children achieve their dreams and a helping hand for them can go a long way. This is why Procter & Gamble (NYSE:PG) is standing up for youth sports and partnering with KidSport Canada; it is our way of saying thank you mom.”

Procter & Gamble Co. (NYSE:PG) company shares are currently standing at 65.20.

Price History
Last Price: 65.20
52 Week Low / High: 57.56 / 67.72
50 Day Moving Average: 65.14
6 Month Price Change %: 4.7%
12 Month Price Change %: 1.0%

Wal-Mart Stores Inc. (NYSE:WMT) has appointed a new CEO for its China business.

Wal-Mart Stores Inc. Appoints Foran As China CEO

Wal-Mart Stores Inc. (NYSE:WMT) has announced that it has appointed Greg Foran, its senior vice president for global business, as new president and chief executive officer for China.

Scott Price, president and CEO for Wal-Mart Asia and interim president and CEO for Wal-Mart Stores Inc. (NYSE:WMT) China, said that, “Foran has outstanding achievements in the retail industry. He is a qualified leader who can lead the company’s business development in China”.

Wal-Mart Stores Inc. (NYSE:WMT) has shopping plazas, Sam’s Clubs and community stores in China.

Wal-Mart Stores Inc. (NYSE:WMT) stocks were at 62.22 at the end of the last day’s trading. There’s been a 4.9% change in the stock price over the past 3 months.

Wal-Mart Stores Inc. (NYSE:WMT) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.96
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2
Zack’s Rank: 13 out of 18 in the industry

Procter & Gamble (NYSE:PG) has partnered with the Alliance to Save Energy to educate the public on the benefits of washing laundry in cold water.

Procter & Gamble On Energy Saving Drive

As a part of the move, Procter & Gamble (NYSE:PG) has entered into a strategic partnership with the Alliance to Save Energy (the Alliance), a nonprofit organization, to publicize the environmental and energy savings benefits of washing laundry in cold water.

Len Sauers, Procter & Gamble (NYSE:PG) VP of Global Sustainability said, “We look forward to working with the Alliance to Save Energy to showcase how little acts like switching to cold water washing can create enormous benefits for the environment. Convincing consumers of the benefits of these habit changes is key because there is a tremendous power in the collective actions of these households.”

Procter & Gamble Co. (NYSE:PG) stocks were at 64.48 at the end of the last day’s trading. There’s been a 1.9% change in the stock price over the past 3 months.

Procter & Gamble Co. (NYSE:PG) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 2
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.66
Zack’s Rank: 6 out of 7 in the industry

Wal-Mart Stores Inc. (NYSE:WMT) has unveiled the ‘Great For You’ icon.

Wal-Mart Stores Inc. (NYSE:WMT) Shows Off Health Icon

Wal-Mart Stores Inc. (NYSE:WMT), the nation’s largest food retailer, has announced the launch of the “Great For You” icon.

The icon is a part of the company’s healthier food initiative.

The “Great For You” icon will initially appear on selected Wal-Mart Stores Inc. (NYSE:WMT) Great Value and Marketside items, fresh and packaged fruits and vegetables at Wal-Mart Stores Inc. (NYSE:WMT) U.S. stores nationwide this spring.

Andrea Thomas, senior vice president of sustainability at Wal-Mart Stores Inc. (NYSE:WMT), said that, “Wal-Mart Stores Inc. (NYSE:WMT) moms are telling us they want to make healthier choices for their families, but need help deciphering all the claims and information already displayed on products. Our ‘Great For You’ icon provides customers with an easy way to quickly identify healthier food choices. As they continue to balance busy schedules and tight budgets, this simple tool encourages families to have a healthier diet”.

Wal-Mart Stores Inc. (NYSE:WMT) stocks are currently standing at 61.90.

Price History
Last Price: 61.90
52 Week Low / High: 48.31 / 62.63
50 Day Moving Average: 59.84
6 Month Price Change %: 24.4%
12 Month Price Change %: 11.4%

Procter & Gamble (NYSE:PG) has reportedly entered into a new deal with U.K. cosmetic technology company CyDen Ltd.

Procter & Gamble (NYSE:PG) Makes UK Make-Up Deal

Under this newly signed five-year deal worth $394 million, Procter & Gamble (NYSE:PG) will sell CyDen’s personal hair removal device around the world.

The device will use CyDen’s iPulse intense pulsed light technology, using natural light to remove unwanted body hair permanently.

However, Procter & Gamble (NYSE:PG) has not officially confirmed the report yet.

Procter & Gamble Co. (NYSE:PG) shares are currently standing at 63.88.

Price History
Last Price: 63.88
52 Week Low / High: 57.56 / 67.72
50 Day Moving Average: 65.14
6 Month Price Change %: 4.5%
12 Month Price Change %: -1.1%