WMT

Walmart Announces 3-for-1 Stock Split

Retrieved on: 
Tuesday, January 30, 2024

Walmart Inc. (NYSE: WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1.​ The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach.

Key Points: 
  • Walmart Inc. (NYSE: WMT) announced that it will conduct a split of its outstanding shares of common stock at a ratio of 3:1.​ The stock split is part of Walmart’s ongoing review of optimal trading and spread levels and its desire for its associates to feel that purchasing shares is easily within reach.
  • As part of the benefits provided to its associates, Walmart has had an Associate Stock Purchase Plan for almost 30 years.
  • Walmart's common stock will begin trading on a post-split basis at the market open on Monday, Feb. 26, 2024, under the company's existing trading symbol “WMT.” The stock split and final ratio were approved by Walmart's board.

  • The company expects that the stock split will increase the number of shares of Walmart’s outstanding common stock from approximately 2.7 billion shares to approximately 8.1 billion shares.

Browning West Issues Letter to Gildan Activewear Shareholders Announcing Intent to Requisition Special Meeting to Reconstitute Board of Directors

Retrieved on: 
Friday, December 29, 2023

Today, Browning West issued a letter to shareholders announcing its intent to requisition a Special Meeting of Gildan Shareholders (the “Special Meeting”) to provide shareholders an opportunity to reconstitute Gildan’s Board of Directors (the “Board”) by removing five incumbent directors and installing five highly qualified individuals: Michael Kneeland, Glenn Chamandy, Peter Lee, Karen Stuckey, and J.P. Towner.

Key Points: 
  • Today, Browning West issued a letter to shareholders announcing its intent to requisition a Special Meeting of Gildan Shareholders (the “Special Meeting”) to provide shareholders an opportunity to reconstitute Gildan’s Board of Directors (the “Board”) by removing five incumbent directors and installing five highly qualified individuals: Michael Kneeland, Glenn Chamandy, Peter Lee, Karen Stuckey, and J.P. Towner.
  • Browning West is a significant and long-term shareholder of Gildan, with a beneficial ownership position of approximately 5.0% of the Company’s outstanding shares.
  • We expect that Mr. Kneeland and the re-constituted Board will reassess committee composition and reassign committee chair roles.
  • Gildan’s Board has demonstrated it is unwilling to act in the best interest of the Company and its shareholders.

World Mobile Leads the Telecommunications Revolution With a Decentralized Approach; Accelerates Rural Connectivity With Its African Expansion

Retrieved on: 
Thursday, December 21, 2023

World Mobile utilizes blockchain to create a sharing economy within the trillion-dollar global telecom market to reach its goal of connecting the unconnected.

Key Points: 
  • World Mobile utilizes blockchain to create a sharing economy within the trillion-dollar global telecom market to reach its goal of connecting the unconnected.
  • World Mobile is also recognized for its AirNodes , radios strategically deployed in a sharing economy model, providing connectivity.
  • Led by CEO Micky Watkins, World Mobile is actively combating the digital divide, particularly in emerging markets and the United States.
  • World Mobile's approach, combining cutting-edge technology with a robust economic model and regulatory compliance, establishes it as a frontrunner in the decentralized mobile network industry.

Thinking about trading options or stock in Kenvue, Advanced Micro Devices, Apple, Walmart, or Hut 8?

Retrieved on: 
Tuesday, December 19, 2023

NEW YORK, Dec. 19, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for KVUE, AMD, AAPL, WMT, and HUT.

Key Points: 
  • NEW YORK, Dec. 19, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for KVUE, AMD, AAPL, WMT, and HUT.
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Walmart leadership to participate in upcoming investor events

Retrieved on: 
Wednesday, November 22, 2023

Walmart Inc. (NYSE: WMT) announced that company leadership will participate in upcoming investor events.

Key Points: 
  • Walmart Inc. (NYSE: WMT) announced that company leadership will participate in upcoming investor events.
  • Tom Ward, executive vice president, chief eComm officer, Walmart U.S., will participate in meetings.
  • John David Rainey, executive vice president and chief financial officer, will participate in a keynote fireside chat at 11:45 am CST.
  • Walmart Investor Relations will participate in store tours & meetings.

Daikin Applied Introduces Magnitude WMT: A High-Efficiency Water-Cooled Chiller with an Ultra-Low GWP Refrigerant

Retrieved on: 
Wednesday, November 29, 2023

MINNEAPOLIS, Nov. 29, 2023 /PRNewswire/ -- Daikin Applied today introduced Magnitude® WMT, a next-generation magnetic bearing centrifugal chiller that is able to deliver market-leading energy efficiency at all points of operation. WMT is the only chiller designed for the ultra-low global warming potential (GWP) refrigerant R-1233zd(E) that also features oil-free magnetic bearing technology and a two-stage compressor. This combination provides premium performance and reliability while helping decrease carbon emissions and environmental impact.

Key Points: 
  • WMT is the only chiller designed for the ultra-low global warming potential (GWP) refrigerant R-1233zd(E) that also features oil-free magnetic bearing technology and a two-stage compressor.
  • "The chiller checks all the critical boxes for engineers and owners — comfort, efficiency, reliability — and reduces a facility's carbon footprint at the same time.
  • And the WMT helps customers further their environmental goals by using R-1233zd(E), a high-efficiency refrigerant with ultra-low GWP of 1.
  • Also, follow Daikin Applied on LinkedIn for the latest on commercial HVAC equipment, services and trends.

Vislink Reports Third Quarter 2023 Financial and Operational Results

Retrieved on: 
Wednesday, November 8, 2023

Mt. Olive, NJ, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL), a global technology leader in the capture, delivery, and management of high quality, live video and associated data in the media and entertainment, law enforcement, and defense markets, today reported results for the third quarter ended September 30, 2023.

Key Points: 
  • Vislink, in partnership with FocalPoint VR, ensures reliable, low-latency video for real-time cockpit views at the track and at home.
  • Vislink facilitates crucial data communication between the race cars and their control systems and generates recurring revenue from an annual service-level agreement.
  • Cash burn in the third quarter was primarily influenced by the low revenue volume experienced in the second quarter.
  • Management will host a conference call today, November 8, 2023, at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial results for the third quarter ended September 30, 2023.

Walmart To Host Third Quarter Earnings Conference Call Nov. 16, 2023

Retrieved on: 
Thursday, November 9, 2023

Walmart Inc. (NYSE: WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Thursday, Nov. 16, 2023, to discuss the company’s third quarter earnings results for fiscal year 2024.

Key Points: 
  • Walmart Inc. (NYSE: WMT) announced it will hold a live conference call with the Investment Community at 7 a.m. CST on Thursday, Nov. 16, 2023, to discuss the company’s third quarter earnings results for fiscal year 2024.
  • Doug McMillon, president and chief executive officer, and John David Rainey, executive vice president and chief financial officer, will host the call to discuss the results and answer questions.
  • The event will be webcast live and is accessible by visiting corporate.walmart.com/news/events and selecting the Third Quarter Earnings Release event.
  • The company will release its third quarter earnings results and related materials at 6 a.m. CST Nov. 16.

Unbabel Releases New Open-Source Large Language Model, The First LLM Fine Tuned to Predict Translation Quality

Retrieved on: 
Tuesday, September 26, 2023

SAN FRANCISCO, Sept. 26, 2023 /PRNewswire-PRWeb/ -- Unbabel, the AI-powered Language Operations (LangOps) platform that helps businesses deliver multilingual customer experience at scale, today announced the public release of its new open-source Large Language Model (LLM), CometKiwi XL and XXL, specially designed to predict translation quality. As the first LLM fine tuned for translation quality, CometKiwi offers exceptional performance and unprecedented quality estimation capabilities – contributing to increasingly accurate translations and improved cost savings while supporting global expansion.

Key Points: 
  • As the first LLM fine tuned for translation quality, CometKiwi offers exceptional performance and unprecedented quality estimation capabilities – contributing to increasingly accurate translations and improved cost savings while supporting global expansion.
  • We firmly believe that CometKiwi will make a significant contribution to the growth and innovation of the machine translation field as a whole.
  • Even with its recent rapid advancements, AI translation is not always 100% accurate, especially in complex use cases.
  • Additionally, with the explosion of machine translation products trained on different data sets, some models perform better than others for certain use cases.

Get the First Look at LiveLink — Vislink’s Most Compact and Advanced Bonded Cellular Transmitter — at IBC 2023

Retrieved on: 
Tuesday, September 12, 2023

MT. OLIVE, NJ, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Attendees of the 2023 International Broadcasting Convention (IBC) will witness the world debut of WMT LiveLink, the most technologically advanced bonded cellular transmitter on the market. Vislink Technologies, Inc. (NASDAQ: VISL), a global leader in the capture, delivery and management of high-quality, live video and associated data in the media and entertainment, law enforcement and defense markets, will give a live demonstration of LiveLink in Hall 1, Stand 1.C51.

Key Points: 
  • OLIVE, NJ, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Attendees of the 2023 International Broadcasting Convention (IBC) will witness the world debut of WMT LiveLink, the most technologically advanced bonded cellular transmitter on the market.
  • “LiveLink will be a game-changer in live remote production spaces—from news and sports to crucial live events,” says Mickey Miller, Vislink CEO.
  • LiveLink provides impressive bonding connectivity, supporting up to 4x diverse public cellular connections, WiFi and public internet.
  • With bonded cellular, private 5G and Starlink satellite support, LiveLink also provides seamless roaming across private and public 5G networks.