August 15, 2006
Germany Exit, Gas Prices Faulted for Wal-Mart Profit Drop
NEW YORK - Wal-Mart Stores Corp. on Thursday reported a decline in profits for the first time in a decade. The world’s largest retailer said second quarter net income was $2.08 billion or 50 cents a share, a 26 percent drop compared with the $2.8...
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