Wal-Mart's comparable sales beat estimates
CHICAGO, Feb 21 Wal-Mart Stores Inc reported higher-than-expected global comparable sales on Tuesday, helped by a rise in online sales and higher traffic at Wal-Mart and Sam's Club stores.
Oct 12 Two affiliates of activist hedge fund Elliott Management said its view on Samsung Electronics Co had not diminished, despite the company ditching its flagship Galaxy Note 7 smartphone.
Elliott Management, which owns 0.62 percent of Samsung Electronics, had submitted unsolicited proposals for a radical corporate makeover at the world's biggest smartphone maker earlier this month.
The company also slashed its quarterly profit estimate by a third on Wednesday, taking a $2.3 billion hit after scrapping the Note 7, in what could be one of the costliest product safety failures in tech history. (Reporting by Narottam Medhora in Bengaluru; Editing by Sriraj Kalluvila)
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