BUZ INVESTORS POTN High Quality Cannabis Extracts Cannabinoids and CBD Extracts continue to be a strong focal point for cannabis operators as revenues climb higher behind a robust jump in sales volume.

PotNetwork Holding, Inc. (POTN) Executes Diversification Strategy to Expand Position into the Cannabis Sector

PotNetwork Holding Executes Diversification Strategy to Expand Position into the Cannabis Sector with the Acquisition of PotNetwork.com

BUZ INVESTORS POTN High Quality Cannabis Extracts Cannabinoids and CBD Extracts continue to be a strong focal point for cannabis operators as revenues climb higher behind a robust jump in sales volume.

FOREX INVESTORS  PRESS RELEASE  PotNetwork Holding, Inc. ( OTC : POTN ), (“Company”) is very pleased to announce the reacquisition of PotNetwork.com, an online resource originally designed to become a leading industry specific news and content provider for the cannabis marketplace. After prior management changes, and a shift in corporate focus, PotNetwork.com was previously sold in March 2016.
According to Forbes Magazine, a controlling interest of High Times Magazine, an industry pioneer in the counter-culture arena, was acquired at a price that values the magazine at $70 million. PotNetwork.com is being completely renovated in preparation of creating a presence in this cannabis digital news and entertainment sector. According to the report in the NY Times, Tommy Chong stated, “It’s a sign of the times.” The comedian, who has appeared on High Times’ cover a record eight times, continued “Weed’s legal and there’s a million High Times out there.” While cannabis is medicinally legal in more than half of the states in America and recreationally legal in eight states, High Times launched when marijuana was viewed akin to heroin.

PotNetwork.com was re-acquired to be fully developed into a counter-culture, cutting-edge digital magazine, publishing up-to-date news and articles on the cannabis industry. Upon conclusion of the transaction, PotNetwork.com will operate as a wholly owned subsidiary of the Company. Management has initiated plans to revamp the graphic design, diversify and enrich PotNetwork.com’s editorial content to include a full range of industry and related consumer topics. It is anticipated that such enhancements, when fortified by a targeted marketing campaign, will serve to increase web traffic and page views, ultimately monetizing the site as a comprehensive industry informational resource. Simultaneously, Management believes such actions will enhance and further cement the “PotNetwork” brand with its target audience across the industry.



PotNetwork Holding

 

Through the future implementation of streaming video broadcasting technologies, PotNetwork.com is expected to be the first of the Company’s ventures set to create an influential presence in the evolving cannabis marketplace. Management’s newly enhanced growth strategy has been structured to not only strengthen brand recognition and top-of-mind awareness, but broaden PotNetwork Holding’s interest in the industry.

“As the industry continues to expand, so does our corporate vision, and market share. In consideration of the fact that visibility and sales for Diamond CBD have experienced such outstanding results, this acquisition comes as a very exciting development. The level by which these two subsidiaries complement each other represents an excellent opportunity for expansion. We have strategized to strengthen shareholder value by streamlining operations and pursuing a singular focus,” stated Gary Blum, Chief Executive Officer, PotNetwork Holding.

Consistent with the Company’s streamlined focus on commerce within the cannabis industry, PotNetwork Holding is winding down the operations of its subsidiary, Sunrise Auto Mall, Inc., and discontinuing its operations. As a result of the exponential growth of the Company’s active subsidiary, Diamond CBD, Inc., Management has determined that resources that would have otherwise been allocated to Sunrise Auto Mall, Inc., would be much more wisely invested if redirected to fuel the strong continued growth and expansion of the Diamond CBD product line as well as the mobilization of new strategic initiatives within the cannabis Industry.

As markets continue to open and create evolving new industry demands, Management is keenly focused on developing congruent market niches that align with PotNetwork Holding’s business model. The Company will keep shareholders updated as events develop.Like up on FACEBOOK


logo



Pharmaceuticals  stocks ( CGC)  ( JNJ ) ( MRK ) ( GSK ) ( celg )  ( gild )



 Get Free Bitcoin  The crypto game Dragon Knights of Valeria, with its latest installment, offers a treat to the gaming community by providing them a chance to earn cryptocurrencies as they embark on new conquests. Launched on June 8, 2017,

Get Free Bitcoin and HYPER Just for Playing Space Strategy Game Valerian Universe

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

Free to play Valerian Universe pays its players with Bitcoin and other cryptocurrencies for their efforts in the virtual world. The space strategy game can be played on all devices including laptops, iPhones, iPads, and Android devices.

 Get Free Bitcoin  The crypto game Dragon Knights of Valeria, with its latest installment, offers a treat to the gaming community by providing them a chance to earn cryptocurrencies as they embark on new conquests. Launched on June 8, 2017,

BUZ INVESTORS PRESS RELEASE  Get Free Bitcoin  The crypto game Dragon Knights of Valeria, with its latest installment, offers a treat to the gaming community by providing them a chance to earn cryptocurrencies as they embark on new conquests. Launched on June 8, 2017, the latest version – Valerian Universe includes an in-game economy driven by its own Anti-Matter (AntiM) tokens. The platform has added support for HYPER and GoldPieces (GP) cryptocurrencies alongside Bitcoin, and HONEY.

Created by Crypto Database, it is one of a kind turn based space strategy game involving inter-galactic travel in battle cruisers and drones, waging wars on rebels on various planets. The extensive gameplay in the Valerian Universe boasts of over 100,000,000 fully explorable and buildable galaxies with over 20,000 spaceports as it continues to expand into space with time. Gamers interested in donning the avatar of space warriors and battle it out in the scifi-esque virtual environment can do so for free while earning Bitcoin and other cryptocurrencies in the process.

The Valerian Universe gameplay allows players to use Credits to upgrade their ships. The cost of upgrade grows exponentially as the ship becomes more formidable. Similarly, planet-buildings are also eligible for upgrades to improve their performance. Each player enters the game with 1 Genesis Seed which they can use to create a new planet. They can expand their control over up to a maximum of 10 planets by purchasing new seeds in any spaceport or from other players on the in-game exchange.




Get Free Bitcoin

Appealing to the gaming and cryptocurrency communities, head developer CryptoDatabase said:

“Step into the Valerian Universe and begin your next journey today. Planets, Battle Cruisers, Drones, Rebels, and more await you in this turn-based space strategy game brought to you by Crypto Database.”

Anti-Matter (DKVU Currency)

Anti-Matter (AntiM) is the Valerian Universe’s own cryptocurrency for use within and beyond the game. The development team behind Dragon Knights of Valeria are working on creating an entire crypto-ecosystem surrounding AntiM. AntiM can be used to purchase game items, and each transaction involving the cryptocurrency will be automatically confirmed as players continue exploring various galaxies within the Valerian Universe. For their contributions, those successfully discovering new blocks will receive rewards as well as a portion of network fees in AntiM tokens.

The AntiM ecosystem within the Valerian Universe also includes an in-game multi-currency exchange where players can trade cryptocurrencies offered in the game for other currencies, game items and more. All trades executed on the exchange platform are free from any trading or transaction fees. Instead, Valerian charges a negligible 0.2% withdrawal fee.

Valerian Universe has also announced a bounty campaign, offering an opportunity to the gamers and cryptocurrency enthusiasts to earn AntiM tokens by contributing towards the improvement of the Anti-Matter ecosystem. These tokens received can be exchanged for any coin offered within the game.

The game also possesses an altruistic streak empowered by HONEY tokens. The platform allocates 5% of proceeds from upgrades made using HONEY to charitable causes which includes providing food and shelter to the needy. By using HONEY, users also end up indirectly supporting apiaries and honey industry.

Valerian Universe has set the total cap for its AntiM tokens at 1 million, and whenever players exchange Dark Matter for AntiM, the tokens are either sent or burnt to conserve its value.

The game is available on multiple platforms (iPhone, iPad, Android devices, Computers) and supports devices of various form factor.

About Valerian Universe

Valerian Universe is a turn based space strategy game powered by Anti-Matter cryptotokens and HYPER. The game is created and backed by Crypto Database. With Anti-Matter and HYPER, the platform brings the power of cryptocurrency into the gaming environment.

About HYPER

HYPER was created in 2014 with the aim of taking over the crypto gaming sector. Over the course of its life it has been added to many games and services as well as worn on the shorts of an ex UFC fighter in a championship fight that he won. HYPER has been listed on financial news websites for a period of time and after 2 years it still has an active community. Learn more about HYPER on bitcointalk at: https://bitcointalk.org/index.php?topic=1872569.0

 

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

Market Quotes by TradingView

Like up on FACEBOOK


logo




BUZ INVESTORS PRESS RELEASE Prospectors The game starts in a world similar to Earth in the late 19th and early 20th century, in the era of primary accumulation of capital. In this period the gold rush was in full swing; rich deposits

Prospectors – Ethereum-Based Online Economic Strategy

Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

What is the game about?

BUZ INVESTORS PRESS RELEASE Prospectors The game starts in a world similar to Earth in the late 19th and early 20th century, in the era of primary accumulation of capital. In this period the gold rush was in full swing; rich deposits

BUZ INVESTORS PRESS RELEASE  Prospectors   The game starts in a world similar to Earth in the late 19th and early 20th century, in the era of primary accumulation of capital. In this period the gold rush was in full swing; rich deposits of gold were found in far northern lands. That attracted the searchers of easy money. Gold seekers with their families and their simple household belongings headed north.

At first, each player must stake out a plot. The same as in the real world, the player may have luck to find a rich deposit, or may not. In another case, there will be a longer (but maybe more interesting) way to earn money.

Besides gold, there will be another resources, which can be mined and further processed. To do this, each player will have a few workers who can do the job on his plot, or he/she can send them to work for other players and receive a reward.

The opportunity of making money

The main feature of MMORTES Prospectors is a chance to monetize the time spent on the game. That means that the players will be able to make money playing Prospectors. How will it work?

The developers created two types of tokens on the basis of Ethereum: token gold and token obligation. Token gold is the gold in game which gold seekers can find on plots, and it’s the only currency for making payments inside the game. But token gold can be taken out of the game; it will be traded on the external markets, and thus have real value.



Prospectors

>>>TRADE NOW<<<

The idea of monetizing the time spent on computer games came to developers from the example of the Steemit decentralized social platform, which enables its users to do the things they like, like writing articles, taking pictures, showing hobbies and voting for the posts of other users.

The idea of DAO is alive

Another type of tokens developed for the game will be token obligation (OBT). Obligations are actually shares of Prospectors company, the owners of which will receive the part of the company’s income, depending on the share they are owning.

Also, shareholding will give the opportunity to influence the decisions vital for the game. As the matter of fact, this is a reincarnation of the ideas of DAO – decentralized autonomous organization. The description of the project on the website is the following:
The owners of obligations will decide how to allocate the withdrawal of gold from Prospectors, what sum to pass for subsequent development and support of the project, make decisions on establishment or change of the value of patents and game technologies, set the limit in the fund of new plots etc.

ICO

The crowdfunding campaign will be launched on 1 July and it will last till the end of the month, or it can be finished earlier if the ICO upper limit is reached. The minimum sum of money planned to be drawn is 8000 ETH and the maximum is 78500. Fundraising during ICO will be held by selling OBT tokens. The maximum number of obligations will be 100 million OBT. During the crowdsale and presale around 80% of the tokens will be sold (except of the fixed amount which will be allocated on Bounty) and 20 % will be allocated to the team of developers and for promotion.

The price at which OBT tokens will be sold during ICO is 1 OBT=0,001 ETH and it will not be changed during the whole period of the crowdfunding campaign. This is done in order to ‘avoid speculations’ on the OBT price and provide assurance that the obligation owners will be those people, who are interested in the further development of the game.

All OBT tokens unsold during the crowdfunding campaign will be burnt.

Like up on FACEBOOK


logo

Market quotes are powered by
TradingView.com



Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )




Buz Investors Strengthening Cloud Alphabet Inc (NASDAQ:GOOG,GOOGL)-owned Google has been focusing on expanding its revenue sources and “Google Cloud” is an important part of this plan. As clear from the recently concluded Cloud Conference,

Google Stock to Get Big Push from Cloud Strategy

GOOG Stock Going High on Strengthening Cloud

Buz Investors Strengthening Cloud Alphabet Inc (NASDAQ:GOOG,GOOGL)-owned Google has been focusing on expanding its revenue sources and “Google Cloud” is an important part of this plan. As clear from the recently concluded Cloud Conference,

Buz Investors Strengthening Cloud Alphabet Inc (NASDAQ:GOOG,GOOGL)-owned Google has been focusing on expanding its revenue sources and “Google Cloud” is an important part of this plan. As clear from the recently concluded Cloud Conference, the company is betting heavily on the lucrative enterprise market. GOOG stock has been inching gradually upwards and Google stock closed at $852.12 on Friday.

As an investor, the best part of investing in Google stock is that it not only has a strong moat, but also a huge potential for future growth. And it is here that things become more interesting. Although Google stock has not been a great performer of late, this should not distract you from looking at the big picture.



OTHER STORIES BUZ TRADERS SHARE

Strengthening Cloud

In January, Google announced quarterly earnings that missed expectations, but revenues gained on account of a good showing by “YouTube” and mobile search. Alphabet also reported higher costs as it invested more in talent and core business.

Google is becoming serious about the enterprise market was evident from its Google Cloud Next ‘17 Conference, which concluded on March 10. It was a great show of how far the firm has come in enterprise cloud applications.

The company showcased an impressive list of new clients for its Google Cloud platform, with the major ones being Verizon Communications Inc. (NYSE:VZ), Walt Disney Co (NYSE:DIS), and Colgate-Palmolive Company (NYSE:CL). Google also announced a number of new and upgraded cloud services at the conference.

The company’s efforts of diversifying itself from the advertising business seem to be paying off as its non-advertising sales in the last quarter jumped by 62% year-over-year to $3.4 billion. This comprised of the sales from the Play, Cloud and hardware businesses

.Ebates Coupons and Cash Back

Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )




Walmart Cyber Monday: New Strategy Could Send Walmart Stock Soaring

Walmart Cyber Monday: New Strategy Could Send Walmart Stock Soaring

Walmart Cyber Monday: New Strategy Could Send Walmart Stock Soaring

  • Buz Investos Walmart Stock Soaring (NYSE:WMT) has been preparing for this holiday season for a long time. And early indications are that the brick-and-mortar giant may have gotten it right this time.
  • The management had already announced Walmart Cyber Monday deals earlier, and WMT stock has been edging higher on the optimism surrounding the holiday shopping frenzy among consumers.
  • On Saturday, Adobe Systems Incorporated (NASDAQ:ADBE) released its 2016 online shopping data for Black Friday and Thanksgiving Day. The data threw light on the important fact that Black Friday became the first day in retail history to drive over $1.0 billion in mobile revenue at $1.2 billion, a 33.0% growth year-over-year.

Walmart Stock Soaring

Walmart Cyber Monday: New Strategy Could Send Walmart Stock Soaring

On Saturday, Adobe Systems Incorporated (NASDAQ:ADBE) released its 2016 online shopping data for Black Friday and Thanksgiving Day. The data threw light on the important fact that Black Friday became the first day in retail history to drive over $1.0 billion in mobile revenue at $1.2 billion, a 33.0% growth year-over-year. More than $5.0 billion was spent online by the end of Black Friday, a 17.7% increase year-over-year. (Source: “Media Alert: Adobe Data Shows Black Friday Breaks Online Sales Record With $3.34 Billion,” Adobe Systems Incorporated,

Other Stories Buz Traders follow

Walmart Stock Soaring

Last Monday, the company announced that it will offer its largest Cyber Week assortment ever. Walmart kicked off the event the day after Thanksgiving with Cyber Week online specials, featuring surprising new brands and unbeatable prices that would be available starting Friday, November 25.

Wal-Mart Stores had already tripled its online product assortment this year from eight million to more than 23 million items in preparation for Walmart Cyber Monday and Cyber Week.

The traffic was also looking up and this improved the same-store sales. The company also made invesments in a Chinese on-demand logistics and grocery e-commerce platform—New Dada. For Walmart Cyber Monday and the coming holiday season, the company has tried to strengthen its logistics.




Blackberry Ltd: Here’s How BBRY Stock Gains from New Strategy

Blackberry Ltd: Here’s How BBRY Stock Gains from New Strategy

Blackberry Ltd: Here’s How BBRY Stock Gains from New Strategy

  • Buz Investors Watch this BBRY Stock Gains BlackBerry Ltd (NASDAQ:BBRY) is back to its recent antics. It seemed as if Blackberry stock had crossed a line.
  • A little over two weeks ago, Blackberry announced that it would let go of the mobile handset game. The market is split between “Android” andApple Inc.’s (NASDAQ:AAPL) “iOS” system, leaving the Canadian company
  • Blackberry stock was looking at a big drop. Instead, it could hit anywhere from $8.50 to over $10.00. (Source: “What is Recommendation from Analysts on BlackBerry Ltd (NASDAQ:BBRY)?,”Post Registrar, September 30, 2016.)

BBRY Stock Gains is Down, But Its New Strategy is Bullish

Blackberry Ltd: Here’s How BBRY Stock Gains from New Strategy

BBRY Stock Gains BBRY stock shot from around $7.20 to $8.33 on the news. The evident logic was that Blackberry, no longer a phone maker, would save on manufacturing and development costs, shifting the bulk of its activities and profits to software and security services.

Now BBRY stock is back down where it started last month. It’s back in the mid- $7.00/share territory. Perhaps investors feel that Blackberry may have acted in haste. They see the fact that the company has ceased making phones as a missed chance to capture the market share left dissatisfied by the Samsung Electronics Co Ltd Galaxy Note 7” debacle.

Other Stories Buz Traders Share

Should that be the case, Samsung may have pulled its Galaxy Note 7 off the market, but the company will be back and stronger than ever. So whatever benefit to BBRY stock would have been fleeting at best.

In that period, however, not everything was wasted. This was what it took to achieve an unusually smooth transition away from what had been its core business. Think of Blackberry’s value now as coming mainly from providing software and services to businesses and governments.

Yet Blackberry will still maintain a presence, and a competitive one. Its third-party Android phone, “Mercury,” might even keep some trademark BBRY characteristics, including a full physical keyboard with a shape reminiscent of the “Bold,” but it will cost less to make. (Source: “Upcoming BlackBerry Mercury with physical keyboard possibly spotted in a benchmark,” GSMArena, October 17, 2016.)

USDJPY short term Outlook and tiers to recognize ahead US NFPs

USDJPY Technical Strategy: Bullish Break

USDJPY Technical Strategy: Bullish Break

USD-JPY

  • Buz Investors USDJPY Technical Strategy: This morning, at 09:40 GMT, the US Dollar is trading at 103.92 against the Yen, 0.29% higher from the New York close.
  • Data revealed that, Japan’s trade surplus (BOP basis) narrowed less than expected in August. During the session, the pair traded at a high of 104.07 and a low of 103.58.
  • Yesterday, the US Dollar traded 0.23% higher against the Yen in the New York session and ended at 103.62. The pair is expected to its find support at 103.35 and its first resistance at 104.28.

USDJPY Technical Strategy

USDJPY Technical Strategy:

USDJPY Technical Strategy To oversimplify how FX has changed since the Financial Crisis of 2008, currencies do not move alone. The strong move of one currency provides a comparative advantage or disadvantage to another economy, which a central bank will tend to fight to ensure they are not sitting at an absolute economic disadvantage.

On Monday, the Chinese Renminbi (off-short Yuan) fell by its largest amount in four months after China opened following National Day Golden Week holiday. The drop amounted to 0.46% for the Yuan but continues to validate the trend of a stronger USDand weaker CNH. The weakening took the Yuan to its lowest level (6.7501) since September 2010 according to Bloomberg data.

 Other Stories Buz Traders Share

So why all this talk about the CNY weakness? In short, the Yuan weakness gives China a comparative and possibly absolute manufacturing and export advantage that could encourage the aggressive fiscal policy stimulus that would naturally align with the “yield curve control’ announced on September 21.

Walmart strategy drives growth and sustainable returns, Plans $20 billion share repurchase program over two years

Walmart strategy drives growth and sustainable returns

Walmart strategy drives growth and sustainable returns, Plans $20 billion share repurchase program over two years

  • The company provided a three-year strategic framework intended to strengthen its U.S. and e-commerce businesses.
  • Net sales growth is expected to range between 3 and 4 percent annually over the next three years, translating to $45 to $60 billion over the period.
  • Investments in people and technology to drive strong shareholder returns over time.
  • Capital investments will be approximately $11.0 billion for fiscal year 2017 and will remain flat in fiscal years 2018 and 2019.  This is below the revised fiscal year 2016 estimate of approximately $12.4 billion, primarily due to a moderation of physical store expansion.
  • Investments in e-commerce and digital initiatives are expected to total approximately $1.1 billion in fiscal year 2017.  

Walmart strategy drives growth and sustainable returns, Plans $20 billion share repurchase program over two years

BENTONVILLE, Ark., Oct. 14, 2015 — Wal-Mart Stores, Inc. (NYSE: WMT) today provided its strategic outlook and growth plans for the future at the company’s 22nd annual meeting for the investment community. The investments outlined today are part of a framework designed to drive sales growth by strengthening the U.S. and e-commerce businesses. This framework is intended to enhance the experience in stores, leverage Walmart’s unique supply chain capabilities to lower costs and build deep digital relationships with customers.

“These are exciting times in retail given the pace and magnitude of change. We have strengths and assets to build on and are making progress to position the company for the future,” said Doug McMillon president and CEO, Wal-Mart Stores, Inc.  “We’re encouraged by recent customer feedback and will continue to get stronger. Our investments in our people, our stores and our digital capabilities and e-commerce business are the right ones. We will be the first to build a seamless customer experience at scale to save our customers not only money but also time.”

Financial Outlook

The company also indicated that as a result of a stronger than anticipated impact from currency exchange rate fluctuations, it now expects net sales growth for the current fiscal year to be relatively flat.  Excluding the impact of currency exchange fluctuations, net sales growth would be approximately 3 percent for fiscal year 2016.  In February, the company indicated that it expected net sales growth of between 1 and 2 percent.

Charles Holley, Walmart’s executive vice president and chief financial officer, outlined the company’s financial priorities for growth and detailed the investment and expansion plans for fiscal year 2017.

“Our sales growth over the next three years is estimated to range between 3 to 4 percent annually, which will add approximately $45 to $60 billion in sales. Within the last year, we have experienced traffic and comp sales improvements in our Walmart U.S. business, and our plan reflects that positive momentum continuing,” said Holley.

McMillon said Walmart is bringing a disciplined approach to managing the company’s financial resources and portfolio. “We are actively reviewing our portfolio to ensure our assets are aligned with our strategy.  But we will be thoughtful in our approach, recognizing our responsibility to drive shareholder value,” he said.

Holley also discussed the company’s profitability over the long-term and provided more insight into certain financial metrics.

“Fiscal year 2017 will represent our heaviest investment period. Operating income is expected to be impacted by approximately $1.5 billion from the second phase of our previously announced investments in wages and training as well as our commitment to further developing a seamless customer experience,” said Holley.  “As a result of these investments, we expect earnings per share to decline between 6 and 12 percent in fiscal year 2017, however by fiscal year 2019 we would expect earnings per share to increase by approximately 5 to 10 percent compared to the prior year.”

Share repurchase

The company also announced that its board of directors has authorized a new $20 billion share repurchase program and retired the $8.6 billion remaining on its 2013 authorization.

“We remain committed to our strong balance sheet and have said that we would only use it for strategic purposes. Last year and this current year, we have not utilized that capacity as we felt it was not the right time to drive a larger volume of share repurchase.  We expect over the next three years to generate around $80 billion in cash. Given the current landscape, we have a strategic opportunity, and our intent would be to utilize this new $20 billion authorization over the next two years,” said Holley.

“This share repurchase program, combined with our annual dividends, reinforces our continued commitment to delivering increased value to shareholders. We remain committed to maintaining a strong balance sheet and financial position that enables us to continue focusing on growth-oriented opportunities,” continued Holley.

Capital expenditure details

Projected capital expenditures are as follows and exclude the impact of future acquisitions, if any:

Capital Expenditure Detail

(US$ billions)

Segment FY 15 Actual FY 16 Original FY 16 Revised FY 17 Projected
Walmart U.S. $6.3 ~$6.1 – 6.6 ~$7.0 ~$6.2
Walmart International $3.5 ~$3.7 – 4.2 ~$3.5 ~$3.0
Sam’s Club $0.8 ~$0.8 ~$0.8 ~$0.8
Total segments $10.6 ~$10.6 – 11.6 ~$11.3 ~$10.0
Corporate & support $1.2 ~$1.0 – 1.3 ~$1.1 ~$1.0
Total $11.8 ~$11.6 – 12.9 ~$12.4 ~$11.0

The capital expenditures listed below provide the breakdown between the company’s physical, e-commerce and digital initiatives provided above.

Capital Expenditure Detail

(US$ billions)

  FY 15

Actual

FY 16

Original

FY 16

Revised

FY 17

Projected

Physical $11.1 ~$10.4 11.4 ~$11.5 ~$9.9
E-commerce & digital $0.7 ~$1.2 – 1.5 ~$0.9 ~$1.1

Projected Walmart U.S. and Sam’s Club U.S. units include new stores, expansions and relocations. Given the conversion of Walmart discount stores to supercenters, the total number of supercenter units will continue to increase, as the number of discount stores declines. Unit growth in the United States is projected as follows:

Total U.S. Unit Growth

(Gross)

Segment FY 15

Actual

FY 16 

Original

FY 16

Revised

FY 17                           Projected
Supercenters* 119 ~60 – 70 ~60 – 70 ~50 – 60
Small format stores** 235 ~180 – 200 ~160 – 170 ~85 – 95
Total Walmart U.S. 354 ~240 – 270 ~220 – 240 ~135 – 155
Sam’s Club 21 ~9  12 ~11  12 ~7  10
Total 375 ~249 282 ~231 252 ~142 165

*Existing supercenters average approximately 178K square feet.
** Existing Neighborhood Markets and rebranded Walmart Express stores range between 12K and 66K square feet.

About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices.  Each week, nearly 260 million customers and members visit our 11,532 stores under 72 banners in 28 countries and e-commerce websites in 11 countries.  With fiscal year 2015 revenue of $485.7 billion, Walmart employs approximately 2.2 million associates worldwide.  Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity.  Additional information about Walmart can be found by visitinghttp://corporate.walmart.com on Facebook at http://facebook.com/walmart and on Twitter athttp://twitter.com/walmart.

Cautionary statement regarding forward-looking statements

This release contains certain forward-looking statements that are intended to enjoy the safe harbor protections of the Private Securities Litigation Reform Act of 1995, as amended, including statements regarding forecasts and expectations of Walmart’s management of or for:

  • the dollar amount and percentage growth of Walmart’s consolidated net sales in fiscal years 2017, 2018 and 2019;
  • investment in people and technology driving strong shareholder returns over time;
  • Walmart’s total capital expenditures in fiscal years 2016 through 2019 and the fiscal year 2017 capital expenditures reflecting moderation of physical store expansion;
  • Walmart’s total net sales in fiscal year 2016 to be flat compared to fiscal year 2015 and the growth of Walmart’s total net sales excluding the effect of currency exchange rate fluctuations in fiscal year 2016 over fiscal year 2015;
  • fiscal year 2017 to be Walmart’s heaviest investment period;
  • the dollar amount of the impact on Walmart’s fiscal year 2017 operating income of Walmart’s investment in associate wages and training and its commitment to further developing a seamless customer experience;
  • the range of the percentage decrease in Walmart’s fiscal year 2017 earnings per share and the range of the percentage increase of Walmart’s fiscal year 2019 earnings per share;
  • Walmart’s use of its $20 billion new share repurchase authorization over the next two years;
  • the generation of around $80 billion in cash over the next three years;
  • the capital expenditures to be made in fiscal year 2016 and fiscal year 2017 by each of Walmart’s operating segments, by Walmart’s operating segments in total, and by Walmart in total for corporate and support, physical, and e-commerce and digital initiatives;
  • Walmart’s total U.S. unit growth, Walmart U.S.’s total unit, supercenter and small format store growth and Sam’s Club’s total unit growth in each of fiscal years 2016 and 2017; and
  • statements regarding Walmart’s plans, objectives and operating frameworks and assumptions on which some forward-looking statements are based.

Walmart’s actual results may differ materially from the guidance, projections, estimates and expectations discussed in or implied by such forward-looking statements as a result of changes in circumstances, assumptions not being realized or other risks, uncertainties and factors, whether globally or in one or more of the markets in which we operate, including:
Economic factors:

  • economic, geo-political, capital markets and business conditions, trends and events, including such factors as unemployment levels, inflation, deflation and commodity prices;
  • currency exchange rate fluctuations and changes in market interest rates;
  • consumer confidence, disposable income, credit availability, debt levels, spending levels, shopping patterns, and demand for certain merchandise; and
  • consumer enrollment in health and drug insurance programs and such programs’ reimbursement rates.

Operating factors:

  • the amount of Walmart’s net sales denominated in the U.S. dollar and foreign currencies;
  • the financial performance of Walmart and each of its segments;
  • factors affecting Walmart’s effective tax rate;
  • traffic and average ticket in and on Walmart’s stores, clubs and e-commerce websites;
  • Walmart’s mix of merchandise sold, its cost of goods sold and its inventory shrinkage;
  • transportation, energy and utility costs and the selling prices of gasoline and diesel fuel;
  • disruptions in Walmart’s supply chain and in seasonal buying patterns;
  • consumer acceptance of and response to Walmart’s stores and clubs, e-commerce websites, mobile apps, initiatives, programs and merchandise offerings;
  • Walmart’s casualty- and accident-related costs and insurance costs;
  • the seasonality of Walmart‘s business and of consumer buying patterns;
  • the availability of attractive e-commerce acquisition or investment opportunities;
  • Walmart’s workforce size and turnover, labor costs, healthcare cost and other benefit costs;
  • market, legal and other factors limiting or delaying Walmart’s ability to build, staff, open and operate new and relocated stores, clubs and other facilities;
  • effects on Walmart’s operations of weather conditions and events, climate change, catastrophes, disasters, public health emergencies, civil disturbances or terrorist attacks;
  • disruption in the availability of Walmart’s online shopping sites;
  • cyber attacks on Walmart’s information systems and any costs and liabilities relating thereto;
  • developments in, the outcome of, and costs and expenses relating to, Walmart’s legal and regulatory proceedings and its FPCA-related matters and compliance program;
  • unexpected changes in accounting principles, estimates and judgments; and
  • unanticipated restructurings and the related expenses.

Regulatory and other factors:

  • competitive pressures, including competitive initiatives of other retailers;
  • adoption of new, and changes in existing, laws and changes in tax rates;
  • the level of public assistance payments and eligibility requirements for such payments; and
  • trade restrictions and tariff rates.

In addition, the risks discussed in Walmart’s most recent annual report on Form 10-K filed with the SEC may cause actual results to differ materially from the guidance, projections, estimates and expectations discussed in or implied by the forward looking statements herein.  You should consider the forward-looking statements in this release in conjunction with that annual report on Form 10-K and Walmart’s quarterly reports on Form 10-Q and current reports on Form 8-K filed with the SEC. Walmart urges you to consider all of the risks, uncertainties and factors identified above or discussed in such reports carefully in evaluating the forward-looking statements in this call.  Walmart cannot assure you that the results discussed in or implied by any forward-looking statement will be realized or, even if substantially realized, that those results will have the forecasted or expected consequences and effects for or on Walmart, its operations or its financial performance. The forward-looking statements made herein are as of the date of this release.  Walmart undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances.

GBPUSD Technical Strategy: Longer-term bearish, near-term price action trading

GBPUSD Technical Strategy: Longer-term bearish, near-term price action trading

GBP-USD

  • Longer-term bearish At 09:40 GMT, the pair is trading at 1.3134, with the Pound trading 0.43% higher against US Dollar from the New York close
  • , after UK’s seasonally adjusted Nationwide house prices unexpectedly advanced on a monthly basis in August. The pair witnessed a high of 1.3157 and a low of 1.3064 during the session.
  • Yesterday, the Pound traded 0.18% lower against the US Dollar in the New York session and ended at 1.3078. Immediate downside, the first support level is seen at 1.3080, while on the upside, the first resistance level is situated at 1.3173.

GBPUSD at least in-part driven by higher than expected inflation

GBPUSD Technical Strategy: Longer-term bearish, near-term price action trading

GBP/USD; at least in-part driven by higher than expected inflation that had begun to show in the U.K. economy. And this made sense: We were all warned of such a situation by BOE Governor Mr. Mark Carney, who months ahead of the referendum noted that a decision to leave the European Union could entail a ‘sharp re-pricing’ in the value of the British Pound, and this could produce higher inflation; all the while coupled with rising unemployment and slowing growth: Pretty much a cornocoppia of pain for a Central Banker. At that point they have to decide whether they want to a) hike rates to stem inflationary pressure at the behest of employment and growth, or b) cut rates at the risk of running even higher levels of inflation which can, of course, begin to choke growth even further, spurn higher levels of unemployment, etc.

The irony of the situation is that, at least at this point, it appears that Mr. Carney’s responsive actions may be driving these risks more than the actual Brexit referendum itself. In the days following the Brexit referendum, Sterling price action was recovering and heading higher. That is, until Mr. Carney called an impromptu press conference to warn that rate cuts were coming. In the days following those warnings, the British Pound drove to even-lower 30-year lows to set price action support at a a level that has yet to be eclipsed. Since then, price action in GBP/USD has been winding deeper into a congestion pattern.

Even the ‘bazooka’ of stimulus launched by the Bank of England in early August failed to set a fresh low; and when price action fails to set a ‘lower-low’ on such an announcement that should elicit extreme bearishness, that’s a sign that a market may still be significantly oversold. And if we combine that with the fact that inflationary pressure is beginning to show, as led by import prices in response to the recent ‘sharp re-pricing’ in the British Pound, this could further the expectation for a bullish backdrop for the currency; as rising inflationary pressure could prevent the BOE from posing any near-term rate cuts.