KQED Nightly Business Report October 15, 2015
For employees and Big Investments in ecommerce. That sent shares plummeting, down 10 , its worst day in 27 years, knocking more than 20 billion off its market cap. The revelation underscores the difficulty that company is having reigniting growth. Courtney reagan has more on walmarts unpleasant surprise. Reporter well, no one saw that coming. Today, walmart lost nearly 20 billion in market cap after surprising wall street with new Earnings Guidance at its annual investor meeting at the New York Stock Exchange. The Worlds Largest retailer lowered its Sales Outlook for the current year, citing n...