Wednesday, May 25, 2011

Humana Walmart-Preferred RX Plan (PDP)

Humana and Walmart Announce Innovative Medicare Part D Prescription Drug Plan with Lowest National Monthly Premium Offered in all 50 States and D.C.

Humana Inc. (NYSE: HUM) announced an innovative Medicare Part D prescription drug plan, co-branded with Wal-Mart Stores, Inc. (NYSE: WMT) or (“Walmart”), that can provide significant savings on monthly plan premiums and prescription medicine copayments and cost-shares for Medicare beneficiaries, including seniors and people with disabilities.

How to Enroll in the Plan: Call, Click or Go

Information on the plan is available starting today; annual enrollment for Medicare plans begins Monday, Nov. 15, 2010, and continues through Dec. 31, 2010. To get more information on the Humana Walmart-Preferred Rx Plan (PDP) and to learn more about these savings:

* Call Humana to enroll at 1-800-899-0441. For TTY, call 711, 8 a.m. to 8 p.m., seven days a week.
* Click on humana-medicare.com or medicare.gov to enroll.
* Click on walmart.com/rxplan or samsclub.com/rxplan for additional plan details and links to enroll.
* Visit a Walmart store to speak to a Humana representative.
* Informational kiosks, including many staffed by Humana representatives, are available in approximately 3,000 Walmart stores across the country. Medicare beneficiaries can click on “Find a Location Near You” at walmart.com/rxplan to locate an on-site Humana representative.

Walmart to Webcast Annual Meeting of Shareholders' and Management Update for the Investment Community

WalMart Stores, will webcast its Annual Meeting of Shareholders' Friday, June 3, 2011, as well as its question and answer session with executive management for the investment community.

The shareholders meeting, including pre-meeting activities, will begin at 7:00 a.m. CDT and will conclude at approximately 11:00 a.m. CDT. The executive briefings to analysts and investors, and the question and answer session will begin at 1:15 p.m. CDT and will conclude at approximately 3:30 p.m. CDT. The line-up of executives will be:

* Mike Duke, president and chief executive officer, WalMart Stores, Inc.
* Charles Holley, executive vice president and chief financial officer, Walmart Stores Inc.
* Bill Simon, president and chief executive officer, Walmart U.S.
* Doug McMillon, president and chief executive officer, Walmart International
* Brian Cornell, president and chief executive officer, Sam's Club
* Eduardo Castro-Wright, vice chairman, responsible for Global e Commerce and Global Sourcing

The briefings to analysts and investors web cast will be archived on the company's website for one year.

Walmart Global eCommerce Announces Investment in Yihaodian, a Fast-Growing eCommerce Business in China

WalMart Stores, announced that it has reached an agreement to acquire a minority stake in the holding company of Yihaodian, a fast-growing eCommerce company in China. The transaction is expected to close within 60 days.

Launched in July 2008, Yihaodian offers more than 75,000 SKUs and has achieved a significant position in online grocery sales, as well as in categories such as baby/Mom, consumer electronics and apparel. With 2,000 employees and an existing logistics network based in Shanghai, Beijing, and Guangzhou, Yihaodian is serving a growing customer base with next-day delivery of essential daily items at competitive prices.

Eduardo Castro-Wright, vice chairman, Wal-Mart Stores, Inc. and CEO of Walmart Global eCommerce and Global Sourcing, said, “We are excited about this investment. Online sales in China are growing rapidly and are projected to match U.S. online sales in the next few years. By investing in Yihaodian, we’re continuing to establish a presence in this important eCommerce market, and are moving forward on fulfilling our aspiration of being the leading global multichannel retailer.”

Wan Ling Martello, executive vice president, Global eCommerce, Emerging Markets, said “We are very impressed with Yihaodian’s strong management team, solid competence in distribution and outstanding service to their customers. We have been equally impressed by the fact that their values are consistent with ours. We very much look forward to working closely with them going forward.”

Gang Yu, co-founder chairman of Yihaodian, said, “We are very excited about Walmart’s investment in Yihaodian. Walmart brings its global vision into our business. In addition, its supply chain excellence will help us gain a competitive edge in the eCommerce industry in China.”

Junling Liu, co-founder and CEO of Yihaodian, said, “We are thrilled that Walmart has chosen to invest in Yihaodian. Walmart brings tremendous knowhow and best practices in retail that will help us to better serve our customers in China. We are well on our way to creating a modern lifestyle for our customers. ”