The Strength Of NYSE: WMT Essential To Environmental Programmes

Is Walmart Inc.'s (NYSE:WMT) High P/E Ratio A Problem For Investors?

The large scale and disapproval of Wal-Mart Stores Inc. NYSE: WMT has been conveyed over the years. However, its magnitude has tremendous consumer influence, and the organisation has started to use this influence to accomplish some worthy aims in recent years. 10 years ago, the supermarket giant’s then CEO Lee Scott reacted to criticism by proposing new business priorities, including fostering balanced environments and reducing greenhouse gas emissions. As he put it: Ecological issues are our concerns because it is one of the biggest businesses in the world with a rising global footprint.

Since Scott left the organisation during 2009, he has been increasing its activities from the promotion of wild fauna protection to sustainable energy options and the quality of the goods they market since his original request to resolve environmental concerns. Walmart, for instance, launched the Acres for America campaign in 2005, which donates money to protect the … Read More

Crunch time for China’s robot startups as pandemic brings pain and opportunities

By David Kirton

SHENZHEN, China (Reuters) – With glowing blue eyes and trusting feline features, a new robot cat by Chinese startup Elephant Robotics seems happily oblivious to the worries of CEO Joey Song as he shows it off at the company’s lab in Shenzhen.

Elephant Robotics’ main business is the automation of factory assembly lines but revenue has plunged by a third this year due to the coronavirus, leading the company to cut staff by a fifth.

“It’s tough,” said Song. “Before, we had more than 30 people.”

Due to the downturn, the firm is putting more energy into the robot cat project funded on Kickstarter in December. Readying its first large batch of 1,000 cats for sale, it hopes that as more consumers work from home, interest in pet robots will grow.

“If the industrial robots can’t sell right now, we just focus on other robots to lower

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Are There Investing Opportunities in the Auto Stocks?

  • (0:45) – The Perfect Storm Hits The Automotive Market

  • (3:45) – How Will This Impact The Automotive Rental Businesses?

  • (10:50) – Car Manufactures and Dealerships

  • (21:25) – Stocks To Watch In The Auto Sector

  • (30:00) – Will It Get Worse For The Automotive Sector?

  • (39:10) – Episode Roundup: HTZ, CAR, LAD, PAG, GM, F, CVNA, RACE, TSLA

  •     [email protected]

 

Welcome to Episode #225 of the Zacks Market Edge Podcast.

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life.

This week, Tracey is joined by Zacks Stock Strategist, David Bartosiak, who is also the editor of Zacks Blockchain Innovator and Surprise Trader newsletter portfolios, to discuss one of their favorite topics: the auto industry.

The coronavirus is impacting all aspects of the auto industry from manufacturing, to the auto dealerships,

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Senior Executives Quit China Wealth Fund Over Pay, Opportunities

(Bloomberg) — China’s sovereign wealth fund is losing senior-level talent at one of the worst possible times.

Three of China Investment Corp.’s top executives have resigned since April, leaving the $941 billion fund without some of its most experienced managers during a period of historic volatility in global markets. The departures add to a steady exodus in recent years that has included at least 17 team heads and managing directors.

Conversations with former and current managers point to shrinking opportunities, sliding compensation competitiveness and rising restrictions, all of which erode CIC’s attractiveness as a government-owned institution trying to operate as a market-based investor. The departures have now become significant enough that they threaten to hurt the fund’s returns, according to Li Jie, head of the foreign reserves research center at Beijing’s Central University of Finance and Economics.

“There’s no doubt that CIC’s appeal to talent in the market has been

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