Wal-Mart’s 2Q profit rises 17 percent (AP)
By eTrader on August 14, 2008 at 4:52 am in Online Trading News
Wal-Mart Stores Inc. said Thursday second-quarter profit rose 17 percent and raised its full-year forecast as the world’s largest retailer benefits from low prices that are attracting financially squeezed shoppers in a challenging economy and its campaign to cut costs.
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