Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editor
Bloomberg Markets: Wal-Mart Raises Hourly Wage, Shorting Tech
Bloomberg Markets
Wal-Mart Raises Hourly Wage, Shorting Tech
Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUESTS:\u0010Matthew Boyle\u0010Retail Reporter \u0010Bloomberg News\u0010Discussing Wal-Mart Stores Inc. is boosting its starting hourly wage to $11 and delivering bonuses to employees, capitalizing on the U.S. tax overhaul to stay competitive in a tightening labor market.\u0010\u0010Sandy Cockrell\u0010Global CFO program leader\u0010Deloitte \u0010Discussing Q4 CFO Signals report on what chief financial officers are thinking and planning for 2018. \u0010\u0010Darren Marble\u0010Chief Executive Officer\u0010CrowdfundX\u0010Discussing how crowdfunding can help emerging companies raise funds for IPOs. \u0010\u0010Walter Todd\u0010Chief Invstmnt Officer\u0010Greenwood Capital Associates \u0010Discussing the markets and macro outlook. \u0010\u0010John C Thompson\u0010Chief Investment Officer\u0010Vilas Capital Management LLC\u0010Discussing tech investing and short selling. \u0010\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Brink's (BCO). Brink's Co.'s shares are headed for their biggest gain since July after the fourth of five analysts covering the armored-car company recommended buying the shares. Sidoti's Greg Pendy, who put a neutral rating on Brink's last month in his first report, upgraded the stock today. He made the call even though Brink's said late yesterday that last year's earnings were at the low end of its forecast. The estimate reflecting an $11 million pretax charge for a gold shipment stolen in December.
Jan 11, 2018