Wednesday, February 22, 2012

Wal-Mart's 4Q results show rebounding US business (AP)

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FILE - In this May 16, 2011 file photo, the WalMart Supercenter signage is seen in Springfield, Ill.  Wal-Mart Stores Inc. is reporting Tuesday, Feb. 21, 2012, a 4.2 percent decline in fourth-quarter profits. But the world's largest retailer's U.S. namesake business continued its rebound as its grabbed shoppers over the critical holidays. (AP Photo/Seth Perlman, File)AP - Wal-Mart Stores Inc.'s low-cost strategy during the holidays both helped and hurt its performance in the fourth quarter: The world's largest retailer reported an almost 15 percent decline in profit, but its namesake U.S. business continued to draw in more shoppers.


Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20120221/ap_on_bi_ge/us_earns_wal_mart

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