Ask Question, Ask an Expert

+61-413 786 465

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

Consider the following two mutually exclusive

Consider the following two mutually exclusive projects: Project / Year 0 1 2 3 4 Cost of Capital A -100 40 40 40 40 15% B -73 30 30 30 30 15% Which of the following is closest to the incremental IRR?

Assignment - write a financial analysis for a us-based

Assignment - Write a financial analysis for a U.S.-based, publicly traded organization. To begin, research the latest two years of financial statements for a publicly traded organization based in the United States. Obtai ...

Set up an amortization schedule for a 15000 loan to be

Set up an amortization schedule for a $15,000 loan to be repaid in equal installments at the end of each of the next 4 years. The interest rate is 10%. How large must each payment be if the loan is for $30,000? Assume th ...

Bond valuation relationshipsthe 13-year 1000 par value

(Bond valuation? relationships) The 13?-year, ?$1,000 par value bonds of Waco Industries pay 8 percent interest annually. The market price of the bond is ?$1,085?, and the? market's required yield to maturity on a? compa ...

Chan is now 30 years old and makes 500000 a year she

Chan is now 30 years old and makes $500,000 a year. She expects her income to increase by 2 percent per year. She wants to accumulate 4 million by the time she reaches 60, she will make her first deposit on her 31th birt ...

Why might a firm announcing it will borrow more be taken as

Why might a firm announcing it will borrow more be taken as a good news signal?

Question - sports and leisure - the daytona 500 often

Question - Sports and Leisure - The Daytona 500, often referred to as The Great American Race, is a spectacular sporting event, complete with a pre-race show. Jimmie Johnson won this race in 2013, when the mean speed per ...

You are about to invest some money in a bond fund the

You are about to invest some money in a bond fund. The management fee of the fund is quite low, it only charges a fee of 2%/year on the assets managed. However, you do not believe the bond fund manager has superior abili ...

Hope bonds have a coupon rate of 7 and mature in 7 years

Hope bonds have a coupon rate of 7% and mature in 7 years. Assuming semi-annual coupons with face value of $100, what is the value of this bond? Similar bonds yield 6%.

Portfolio part - case studychoose a hospitality company and

Portfolio Part - Case Study Choose a hospitality company and prepare an analytical & comparative case study of investing potential in the common stock this company over three years (2015, 2016, 2017). Your report should ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As