Walmart Restricts Ammunition Sales

By John Heerdink LinkedIn

As per reports, Wal-mart Stores, Inc. (WMT) recently announced its decision to stop the sale of handguns as well as ammunition for assault-style weapons after the two recent deadly shootings at the retailer’s stores. The recent gun violence in the U.S has been drawing attention from fund-management firms to list companies based on inputs including environmental, social, and governance factors.

BlackRock is set to create new products excluding gun makers, after the Parkland, Fla. shooting last year. Walmart was excluded from the two ESG exchange-traded firms, iShares MSCI KLD 400 Social ETF (DSI) and iShares MSCI USA ESG Select ETF (SUSA), as on April 30.

Wal-mart Stores, Inc. (WMT) is a worldwide retailer that operates in various formats. The three segments of the company include Wal-mart U.S., Wal-mart 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, and 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.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

sep(3)

Walmart’s Move on Ammunition Sales Could Aid Its ESG Ratings

After two recent deadly shootings at the retailer?s stores, Walmart announced that it would stop selling ammunition for assault-style weapons, as well as for handguns…

www.barrons.com

Read Full Article
(Read Original Story: in )


YOUR GUIDE TO STAYING INFORMED IN THE MARKETS

Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us