Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

For many years, the large retail firm Wal-Mart chose not to provide guidance. The firm's legendary founder, Sam Walton, wrote in his autobiography that he did not care what the market thought. Beginning in 1994, Wal-Mart's earnings announcements generated a string of negative surprises. In the resulting post-earnings-announcement drift, Wal-Mart's cumulative abnormal return relative to the S&P 500, drifted down for the subsequent four years. Wal-Mart's situation changed dramatically in 1998. An article appearing in Fortune magazine described Wal-Mart stock as being hot again, and noted that the reason stemmed from earnings. The article described Wal-Mart as having applied its "Main Street marketing skills to its interactions with Wall Street analysts. Discuss what it means to apply "Main Street marketing skills.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M946833

Have any Question? 


Related Questions in Basic Finance

The mass m of drops formed by liquid discharging by gravity

The mass M of drops formed by liquid discharging by gravity from a vertical tube is a function of the tube diameter D, liquid density, surface tension, and the acceleration of gravity. Determine the independent dimension ...

1 describe in your own words the techniques that scientists

1. Describe in your own words the techniques that scientists use to help them avoid drawing statistically invalid conclusions. 2. What is a statistically significant result? What is the relationship among statistical sig ...

Instructions bulluse microsoft word 2010 in formulating

Instructions : •Use Microsoft word 2010 in formulating your answers. •Write the answers in your language and avoid copying from the internet. Answer the following questions: 1. What is management? Define it using your ow ...

1 define extraneous variable and confounding variable

1. Define extraneous variable and confounding variable. Describe two methods used to prevent extraneous variables from becoming confounding variables. 2. In an experiment, participants are usually assigned to treatments ...

A convertible bond is a bond that permits the holder to

A convertible bond is a bond that permits the holder to turn in the bond and convert it into a certain number of shares of stock. Conversion would, thus, occur only when the stock does well. As a result of the option to ...

How many variance and covariance terms does the expression

How many variance and covariance terms does the expression of variance on a 5 asset portfolio have?

You work for a company with no international experience

You work for a company with no international experience that has an efficient production method for small engines. A Vietnamese company approaches your CEO with a proposal to form a joint venture with your company in Vie ...

1 without a national mortgage exchange how are mortgages

1. Without a national mortgage exchange, how are mortgages traded in the United States? 2. Explain the relationship between the price and the yield on a mortgage loan. 3. Define the term point and explain how it is used, ...

Assume that european call and put options exist on a stock

Assume that European call and put options exist on a stock. That stock, however, is the target of a takeover in which an acquiring firm offers a fixed price for the stock. The takeover is almost certain to occur shortly ...

1 why is specialization so critical to distribution

1. Why is specialization so critical to distribution efficiency? 2. Describe how the process of assortment overcomes the problems created by specialization. 3. Given the principle of minimum transactions, explain why it ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro