Walmart, Hormel Foods, Marriott, others

Check out the companies making headlines before the bell: Walmart (WMT) – Walmart reported adjusted quarterly earnings of $1.39 per share, which includes a 7-cent impact from UK tax repayment. The consensus estimate had been $1.50. Revenue did beat forecasts, and US comparable sales excluding fuel were up 8.6% compared …

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Goldman Sachs’ Marcus makes a splash in the robo-advisory pool

Goldman Sachs’ digital-only consumer bank added an investment tool to bolster its fintech offering. This positions it as a cheaper alternative to incumbents and a direct threat to fintechs’ own rebundling. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry. Learn more about becoming a client. …

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Pfizer vaccine weaker against variant in South Africa, study suggests

Pfizer-BioNTech’s COVID-19 vaccine produces a weakened immune response against the variant found in South Africa, a study suggests. The vaccine produced two-thirds less neutralizing antibodies against a lab-made virus designed to mimic the variant. The study’s author said that the vaccine will probably still be protective in real-life, per Reuters. …

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