Thursday, May 19, 2016

Wal-Mart Profit Beats Expectations; Stock Jumps

Wal-Mart Profit Beats Expectations; Stock Jumps


Wal-Mart Stores Inc on Thursday reported a higher-than-expected quarterly profit as sales in the U.S. market rose, an improvement the retailer attributed in part to its increasing wages, and its shares jumped nearly 8 percent.


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