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Breaking News Sat, 19 May 2012
Exterior of the recently remodeled Wal-Mart in West Hills, Los Angeles, California
(photo: Creative Commons / Wt90401)
Wal-Mart's 1Q Profit Up 10.1 Percent
The New York Times
| NEW YORK (AP) — Wal-Mart Stores Inc. reported a 10.1 percent increase in first-quarter profit that beat Wall Street estimates as its re-emphasis on low prices drove bargain-hungry U.S. shoppers into its stores. The world's largest retailer also offered an upbeat profit outlook for the curren...
Cars parked at Wal-mart Superstore in Highland, Illinois, USA on this cloudy and icy weather on December 16, 2010.
(photo: WN / Janice Sabnal)
Wal-Mart Stores stock slides on bribery probe
The Times Of India
Tweet NEW YORK: Shares of Wal-Mart Stores fell nearly 5 percent after a news report alleged executives at the company's Mexican subsidiary carried out a vast bribery scheme and tried to hush it up. | Wal-Mart's stock price fell $2.70 to $59.75 in midday trading, wiping out its gains since the beginn...
Wal-Mart's Solid Earnings Not so Simple
Denver Post
| http://business-news.thestreet.com/denver-post/story/wal-marts-solid-earnings-not-so-simple/11542854 (hidethestreet) NEW YORK (TheStreet) -- Did Wal-Mart(:WMT) report good first-quarter earnings yesterday? Is the Pope German? Despite a fraught inte...
Wal-Mart's Solid Earnings Not so Simple
The Street
| NEW YORK (TheStreet) -- Did Wal-Mart(WMT) report good first-quarter earnings yesterday? Is the Pope German? Despite a fraught international economy and the world's biggest retailer's merchandising struggles in recent years, Wal-Mart turned in a sta...
Wal-Mart's Strong Earnings Overshadow Bribery Allegations
The Street
| NEW YORK (CNBC) -- Headlines about Wal-Mart Stores'(WMT) better-than-expected earnings mean that, at least for now, Wall Street isn't so concerned about bribery allegations in Mexico and pending investigations. | The world's largest retailer beat t...
How Did Wal-Mart Crack Open China?
Forbes
| Wal-Mart Stores (WMT) entered China in 1996 and has billions of sales there. But how did it crack China? One big answer is a 65%-Wal-Mart-owned joint venture with a company run by the son of a former Chinese vice president who was tossed in 20...
Wal-Mart posts 10.1% profit increase, possibly ending its struggles
The Los Angeles Times
| Despite multiple corruption probes into its Mexican subsidiary, retail giant Wal-Mart Stores Inc. reported first-quarter profits that exceeded Wall Street expectations as more shoppers returned to its U.S. stores. | Analysts say that the 10.1% jump...
Bargain hunters boost Wal-Mart profit
Sydney Morning Herald
| Wal-Mart, the world's largest retailer, is reporting a 10.1 per cent increase in first-quarter profit. | Analysts say a re-emphasis on low prices continues to woo back bargain-hungry shoppers in an uncertain economy. | Wal-Mart says that it earned ...
Wal-Mart Concedes Bribery Case May Widen
The New York Times
| As Wal-Mart reported higher-than-expected first-quarter earnings on Thursday, it also disclosed that the scope of an investigation into foreign bribery issues at the retailer seemed to have widened. Related | Wal-Mart Hushed Up a Vast Mexican Bribe...
Wal-Mart posts 10.1 percent profit increase, possibly ending its struggles
The News & Observer
Email Print Order Reprint Share This Share Text tool name | tool goes here By SHAN LI AND TIFFANY HSU - Los Angeles Times By SHAN LI AND TIFFANY HSU | LOS ANGELES - Despite multiple corruption probes into its Mexican subsidiary, retail giant Wal-Mart...
Markets
Consumers in a shopping mall for buying consumer durables -Electronic goods-Sony Vaio laptop-India
(photo: WN / Sayali Santosh Kadam)
Sony's designs on your computer
The Daily Telegraph
Sony’s new laptops aim to look as good as they perform, and not cost the Earth. Matt Warman examines their chances in a cut-throat market. |   Image 1 of 4 Sony's T-Series features a rectangular design, rather than the ultrabooks' usual wedge shape    Image 1 of 4 Sony's new E-Series features a wra...
Economy
US President Barack Obama is pictured in the oval office at the white House at the end of his meeting with France's new President Francois Hollande on May 18, 2012 in Washington DC prior to attend the G8 summit in Camp David.
(photo: AP)
Obama weighs in on Euro economic crisis
Independent online
Camp David - Leaders of the world's most powerful nations were to focus their attention on Europe's economic woes on Saturday after President Barack Obama threw his weight behind French calls for more pro-growth policies. | Obama set the stage for a fractious G8 summit here by forging an alliance with new French President Francois Hollande over the...



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