Walmart is turning up the heat on Amazon on both sides of the Pacific.
America’s biggest retail chain said late Thursday it would start selling e-books and audiobooks online for the first time later this year.
The shift will bring the company into even closer competition with Amazon (AMZN), which started out as an internet bookseller but has grown into all-encompassing retail giant, both online and offline.
Walmart’s (WMT) move into an established Amazon business is part of a broader alliance with Rakuten (RKUNF), Japan’s largest ecommerce company. As well as teaming up to sell e-books to American consumers, they are also setting up an online grocery platform in Japan.
In the U.S., Walmart will sell Rakuten’s Kobo e-readers, which are similar to Amazon’s Kindle. The Kobo platform, created by a Canadian company that Rakuten bought in 2011, currently offers readers millions of titles.
Scott Hilton, chief revenue officer of Walmart’s ecommerce business, said in a blog post that the deal “enables us to quickly and efficiently launch a full e-book and audiobook catalog on Walmart.com.”
Hot Canadian Stocks To Invest In 2019: PAR Technology Corporation(PAR)
Advisors’ Opinion:
- [By Max Byerly]
News articles about PAR Technology (NYSE:PAR) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PAR Technology earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the software maker an impact score of 46.8901065500531 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Hot Canadian Stocks To Invest In 2019: Core Laboratories N.V.(CLB)
Advisors’ Opinion:
- [By Jason Hall, Tyler Crowe, and John Bromels]
If you’re shopping for great buys in the oil patch right now, three Motley Fool contributors think you should take a close look at tech-heavy but asset-light oilfield services providerCore Laboratories N.V.(NYSE:CLB), value-priced independent oil producerApache Corporation(NYSE:APA), and refining giantMarathon Petroleum Corp(NYSE:MPC).
- [By Maxx Chatsko]
Shares of oilfield services company Core Laboratories (NYSE:CLB) have pinballed around in the last three years to yield a total return of 0.9% in that span. That’s not exactly the type of consistency investors are after.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Core Laboratories (CLB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Maxx Chatsko]
Many of the problems facing EGS today are the same ones shale energy dealt with years ago: drilling wells, stimulating wells (keeping the fractures opened and the fluid flowing), characterizing underground reservoirs to optimize drilling and extraction techniques, and so on. That makes one oil and gas stock uniquely positioned to cash in on the opportunity of EGS: Core Laboratories (NYSE:CLB).
Hot Canadian Stocks To Invest In 2019: Consolidated Communications Holdings Inc.(CNSL)
Advisors’ Opinion:
- [By Dustin Parrett]
Just look at the first stock on our list. Its dividend is yielding 13.62%, and it’s loaded with the potential to return 80% gains over the next 12 months…
Best Dividend Stocks for Growth, No. 3: Consolidated Communications Holdings Inc. (Nasdaq: CNSL)
Consolidated Communications Holdings Inc. (Nasdaq: CNSL) is an Internet service provider (ISP) specializing in high-speed, broadband Internet networks in the northeastern United States.
- [By Ethan Ryder]
Consolidated Communications (NASDAQ: CNSL) is one of 74 public companies in the “Telephone communication, except radio” industry, but how does it contrast to its peers? We will compare Consolidated Communications to related companies based on the strength of its analyst recommendations, profitability, earnings, dividends, institutional ownership, valuation and risk.
- [By Max Byerly]
Frontier Communications (NASDAQ: FTR) and Consolidated Communications (NASDAQ:CNSL) are both small-cap utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, profitability, risk, earnings, analyst recommendations and valuation.
- [By Logan Wallace]
Consolidated Communications (NASDAQ: CNSL) and Liberty Braves Group Series C (NASDAQ:BATRK) are both small-cap utilities companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, risk, profitability, valuation and earnings.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Consolidated Communications (CNSL)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
