wal mart stores

Wal-Mart Stores reported November sales that trounced expectations Thursday as the discounter continues to gain market share from its rivals in a worsening economy.

Wal-Mart Stores announced Friday that CEO Lee Scott will retire and the company's board has elected Mike Duke, vice chairman of Wal-Mart International, to succeed him.

Wal-Mart Stores Inc. said Thursday that its third-quarter profit rose slightly, beating analysts' estimates, but the nation's No. 1 retailer tightened its full-year profit forecast.

Wal-Mart Stores reported September sales Wednesday that were at the low-end of of its own forecast as its mostly paycheck-to-paycheck customers continued to pull back on discretionary purchases other than clothing and groceries.

Retail behemoth Wal-Mart Stores reported a surge in quarterly profit Thursday, topping Wall Street's expectations.

Wal-Mart Stores Inc. on Thursday reported a 3% increase in July sales at U.S. stores open at least one year, less than analysts expected, and indicated that gains from the government's stimulus program may have run their course.

This is a pretty craven move even for a company who routinely sold products at a loss so they could drive local competition in rural communities out of business.

From Wall Street Journal:

Wal-Mart Stores Inc. is mobilizing its store managers and department supervisors around the country to warn that if Democrats win power in November, they’ll likely change federal law to make it easier for workers to unionize companies — including Wal-Mart.

Stocks gained at Thursday's open, bouncing back from a big selloff, as investors welcomed a stronger dollar, a merger in the chemical industry and an improved earnings forecast from Wal-Mart Stores.

Wal-Mart Stores Inc. trounced analyst expectations Thursday with a 5.8% jump in June sales for stores open at least one year, attributing the increase to the government's economic stimulus payments.