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Walmart says USD 16-bn Flipkart deal to hit earnings

Tuesday, October 16, 2018, 7:27 PM

World’s largest retailer Walmart Tuesday said its USD 16-billion investment in Indian e-tailing giant Flipkart will hit its operating income as well as earnings per share. The Bentonville, US-based company said its earnings per share (EPS) is now expected to be around USD 2.65-2.80 as compared to a previous guidance of USD 2.90-3.05 for the fiscal year ending January 31, 2019.

How to Mint Money in Stock Market?

Wednesday, August 8, 2018, 9:47 PM

It is always said that one can make large amounts of wealth in the stock market, but at the same time there remains a risk of losing it as well. So, it is very important to be careful while investing so that we could earn money instead of losing in the stock market.

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