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WMT Dec 2024 35.000 put

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  • Reuters

    Mexico's Walmex expects final ruling from antitrust watchdog soon

    MEXICO CITY (Reuters) -Mexico's Walmex, the local unit of U.S.-based retail giant Walmart, expects antitrust watchdog Cofece to soon announce its final ruling stemming from a probe into alleged anti-competitive practices, a senior executive said on Tuesday. "It will probably happen in just a few days or weeks," Javier Trevino, a Walmex senior vice president, told reporters during a press conference. Cofece has accused Walmex of imposing prices and terms on its suppliers or distributors, in a case that centers on a lack of competition in many parts of Mexico.

  • Yahoo Finance

    Amazon stock sinks as Wells Fargo downgrades shares

    Amazon stock dropped amid a downgrade from Overweight to Equal Weight by Wells Fargo. Wells Fargo said Monday that Amazon's strength in the cloud services market won’t be enough to stave off hurdles: rising competition from Walmart, easing income from its advertising business, and high costs linked to its satellite project.

  • Investor's Business Daily

    Amazon Stock Falls After Rare Downgrade. Watch Out For These 'Multiple Headwinds'

    Amazon stock fell in Monday trading after the tech behemoth got a rare downgrade from an analyst, citing headwinds for margin growth.