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

A researcher has a sample of 30 rats that are all cloned

A researcher has a sample of 30 rats that are all cloned from the same source. The 30 rats are genetically identical and have been raised in exactly the same environment since birth. The researcher conducts an experiment ...

Assignment lasa- capital budgeting techniquesas a financial

Assignment: LASA- Capital Budgeting Techniques As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities. You have ag ...

Gangland water guns company is expected to pay a dividend

Gangland Water Guns Company is expected to pay a dividend of $2.10 one year from today. If the firm's growth in dividends is expected to remain at a flat 3 percent forever, then what is the cost of equity capital (in per ...

Part -11interest income how can gross interest income rise

Part -1: 1) Interest Income. How can gross interest income rise while the net interest margin remains somewhat stable for a particular bank? 2) Bank Leverage. What does the assets/equity ratio of a bank indicate? 3) Loan ...

1 explain the difference between rejecting and failing to

1. Explain the difference between rejecting and failing to reject the null hypothesis. In which case does a researcher conclude that the independent variable has an effect on the dependent variable? 2. Distinguish betwee ...

What is the difference between initial and residual preload

What is the difference between initial and residual preload? Typically, what percentage of the work we do with a torque wrench ends up as preload in an individual bolt? Is the preload mentioned in question 2 above initia ...

Ims limited issues a partly convertible debenture for 1000

IMS Limited issues a partly convertible debenture for 1000, carrying an interest rate of 10 percent. 360 will get compulsorily converted into two equity shares of IMS Limited a year from now. The expected price per share ...

In november 2009 the government of north korea announced

In November 2009, the government of North Korea announced that it was replacing the existing currency with a new currency. The government would allow people to exchange only a limited amount of the old currency for the n ...

1 how many conditions are there in the simplest possible

1. How many conditions are there in the simplest possible experiment? 2. Describe how participants are assigned to conditions in randomized groups, matched-subjects, and repeated measures experimental designs. 3. What ar ...

1 how has the mne evolved how have the changes in mnes

1. How has the MNE evolved? How have the changes in MNEs affected HR? 2. What are the various choices that MNEs have for entry into IB? How do the functions of HR vary with these various choices? 3. How can IHR help to e ...

  • 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