How consumers can avoid fraud amid big sales week for Amazon, Walmart

  • With e-commerce surging during the coronavirus pandemic, Prime Day and the 2020 holiday season may be the perfect hunting ground for online fraudsters.
  • Business Insider spoke with Amazon’s former Director of Corporate Development Aaron Barfoot, who now serves as the chief financial officer of online security firm Forter. 
  • “Good online hygiene means paying attention and being alert,” Barfoot said. 
  • Visit Business Insider’s homepage for more stories.

It’s a potential nightmare for anyone who’s ever shopped online: checking your bank account or credit card statement to find that a cybercriminal has stolen your identity and run up a huge bill.

During Amazon’s two-day Prime Day sales event and the upcoming 2020 holiday season, that’s a scenario that could become reality for more shoppers than ever before. Former Amazon Director of Corporate Development Aaron Barfoot — who now serves as chief financial officer for online fraud prevention firm Forter — said that

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The Zacks Analyst Blog Highlights: Visa, Walmart, Abbott Laboratories, UnitedHealth Group and Oracle

For Immediate Release

Chicago, IL – October 13, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Visa Inc. (V), Walmart Inc. WMT, Abbott Laboratories ABT, UnitedHealth Group Incorporated UNH and Oracle Corporation ORCL.

Here are highlights from Monday’s Analyst Blog:

Top Research Reports for Visa, Walmart and Abbott

The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Visa, Walmart and Abbott Laboratories. These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Visa shares have modestly outperformed the Zacks Financial Transaction Services industry in the year-to-date

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Whole Foods footfall recovery is far slower than Walmart, Kroger, Aldi

  • Whole Foods had 21% fewer visitors across its stores on October 4 compared to the same day last year, according to data by placer.ai.
  • Shopper traffic is bouncing back much faster at other grocers – it was only down 2% at Kroger’s.
  • Part of this is because Whole Foods normally gets a lot of lunchtime trade from office workers, who are now working from home, a spokesperson said.
  • Sales of packaged goods, like sandwiches and salads, has fallen 75%.
  • A Whole Foods spokesperson told Business Insider the company “is healthy and continues to grow,” and has opened 10 new stores in 2020.
  • Visit Business Insider’s homepage for more stories.

For every five in-store shoppers Whole Foods Markets had last October, it now only has four, new data suggests. 

The supermarket chain had 21% fewer visitors across its stores on October 4 compared to the same day last year, according to

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Dow Jones Posts Small Gain as Boeing Predicts Tough Decade Ahead, Walmart Launches Insurance Business

The stock market was volatile on Tuesday after posting solid gains to start the week. The Dow Jones Industrial Average (DJINDICES: ^DJI) was up 0.37% at 1:10 p.m. EDT today, outperforming the other major indexes.

One thing keeping the stock market in check could be comments from Federal Reserve chairman Jerome Powell, who warned on Tuesday that too little government aid would lead to a weak economic recovery. Congress has yet to agree on additional stimulus measures, and an agreement does not appear close.

Shares of Boeing (NYSE: BA) were moving in the wrong direction on Tuesday after the airplane manufacturer predicted a difficult decade ahead. Meanwhile, the stock of Walmart (NYSE: WMT) was little changed after the retailer announced an insurance brokerage business.

An airplane.

Image source: Getty Images.

Boeing forecasts tough years ahead

The coronavirus pandemic has greatly reduced demand for air travel. While the number of daily air passengers

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