Reportedly, Walmart Stores, Inc. (WMT) is to closing 3 of its U.S. technology hubs, asking hundreds of workers to relocate to keep their jobs. Walmart would close offices that housed technology staff in Austin, Texas, in Carlsbad, California, and in Portland, Oregon, informed Robert Munroe, Walmart’s director of global communications. The operations would move to hubs including one in San Bruno, California or the company’s headquarters in Bentonville, Arkansas.
Walmart with more than 1.3 million people in the United States, would pay transfer costs of workers who moved and give severance payments to those who want to leave the company.
Walmart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Walmart U.S., Walmart International, and Sam’s Club. The company is comprised of discount stores, supermarkets, supercenters, hypermarkets, warehouse clubs, cash and carry stores, home improvement stores, specialty electronics stores, apparel stores, drug stores, convenience stores, membership-only warehouse clubs; and retail Websites. To learn more about Walmart (WMT) and to continue to track its progress please visit the Vista Partners Walmart Coverage Page.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
DID YOU KNOW?…
We at Vista see this as an incredible time to consider investing into the fertility space in general. The multi-billion-dollar global fertility market is currently predicted to reach approximately US$47.9 billion by 2030 with the massively underserved patient market still unable to access affordable treatment. It is estimated that approximately 90% of patients go without care annually. If you have ever struggled with infertility issues, or know someone who has, you are probably well aware of how demoralizing it can be. Imagine for a moment spending thousands of dollars and months of intensive medical procedure only to end up empty handed, exhausted, sad, and defeated because after all of that time, work, and money, you still don’t have a baby. That’s an incredibly difficult situation, and it’s becoming more common each passing year. Likewise, the need for more effective, less invasive infertility treatment options is increasing with each passing year. This is the sole focus of medtech company INVO Bioscience (NASDAQ: INVO, $.76, up +76.89% YTD). INVO’s mission is to help people realize the dream of parenthood by increasing worldwide access to an efficient, effective, and connected experience in reproductive treatment. The company offers a safe, effective, and more natural way for women to address infertility issues. Their patented and FDA-cleared medical device, INVOcell (pictured above), holds the eggs and sperm within the woman’s body during fertilization and early embryo development: a safe, intimate way for women to be connected right from the very beginning. This differs from IVF in that the fertilization takes place in vivo (inside the woman’s body): hence the company’s trademark for INVOcell, Life Begins Within™ and reduces and/or eliminates the need of expensive labs and monitoring that is needed for IVF. INVO Bioscience is leading the way for an infertility treatment that’s effective and more natural than traditional IVF. Learn more now by reading our latest PROGRESS REPORT by clicking here.
Meet the first and only FDA-cleared and CE-marked medical device, INVOcell, for fertility treatment through intravaginal culture (IVC).
