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Tag Archives: Wal-Mart Stores Inc.

Wal-Mart says loss likely from bribery probe

NEW YORK — Wal-Mart Stores Inc. said it is ‘probable’ that the world’s largest retailer will incur a loss due to ongoing bribery investigations by itself and government agencies, but it says it is too early to speculate on the ...

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Judge in no rush to hear Wal-Mart bribery lawsuit

WILMINGTON, Del. — A Delaware judge has chastised attorneys for two large public employee retirement systems for rushing to court with lawsuits over allegations of bribery involving Wal-Mart Stores Inc.’s operations in Mexico. The judge on Monday denied competing motions ...

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Wal-Mart’s 4Q results show rebounding U.S. business

NEW YORK — 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 ...

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