Hoping to diversify and develop new revenue streams, mega-retailer Walmart (NYSE: WMT), which posted some $40 billion in sales last year, is using that massive scale to launch a new delivery service for small businesses called Walmart GoLocal. Having crushed many smaller retailers by undercutting them on price and selection, Walmart is now looking to help them ahead of what's sure to be a busy Christmas season. It's hardly an altruistic effort because the mega-retailer sees the potential to encroach on the lucrative last-mile market dominated by its archrival, Amazon.com (NASDAQ: AMZN). Read More...
Terex is a global manufacturer of aerial work platforms, materials processing equipment, and specialty equipment, such as material handlers, cranes, and concrete mixer trucks. Its current composition is a result of numerous acquisitions over several decades and a recent shift to focus on its two core segments after divesting a handful of underperforming businesses. These remaining segments see heavy demand in nonresidential construction as well as in maintenance, manufacturing, energy, and materials management.