News list for " Walmart"
Walmart heir Christy Walton will co-host a fundraiser for U.S. Vice President Kamala Harris, signalling the Democratic candidate's growing popularity among wealthy donors and business leaders. Tickets range from $1,250 to $100,000 for a lunch reception to be held in Jackson Hole, Wyoming, on September 15, with Michigan Gov. Gretchen Whitmer and former Montana Gov. Steve Bullock in attendance, according to the invitation. Walton is listed as a co-host of the event,...
JD.com (JD. O) U.S. stocks fell more than 7 percent in premarket trading after Walmart disclosed a clearance of JD.com shares.
According to Bloomberg, Walmart is said to have raised up to $3.74 billion by selling JD.com shares.
On August 21, foreign media reported that Walmart general merchandise (WMT. N) plans to sell JD.com (JD. O) shares at a price of $24.85 to $25.85 per share, citing people familiar with the matter. Walmart is seeking to sell 144.50 million JD.com shares, sources said, and Walmart can raise $3.74 billion at the highest asking price. Walmart is the largest shareholder of JD.com, data show. JD.com (JD. O) U.S. shares closed at $28.19 per share on Tuesday, down about 10 percent in after-hours trading...
