Tagged: Charles Holley

Wal-Mart Stock Drops 10 Percent Amid Lowered Projections

Wal-Mart Stock Drops 10 Percent Amid Lowered Projections

Shares of Wal-Mart Stores Inc. of Bentonville ended the day down 10 percent after CFO Charles Holley revealed that the retailer's earnings per share could drop 6 percent to 12 percent in fiscal year 2017. The retailer made the announcement at its 22nd annual "Meeting for the Investment Community" in New York. read more >

Wal-Mart CEO Doug McMillon Gets $25.6M Pay Package

Wal-Mart CEO Doug McMillon Gets $25.6M Pay Package

C. Douglas McMillon, who became the president and CEO of Wal-Mart Stores Inc. of Bentonville on Feb. 1, saw his total compensation skyrocket 168 percent to $25.6 million for the fiscal year that ended Jan. 31 as compared with the previous year. read more >