Thursday, February 23, 2012

Wal-Mart's 4Q results show rebounding US business (AP)

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FILE - In this May 16, 2011 file photo, the WalMart Supercenter signage is seen in Springfield, Ill. Wal-Mart Stores Inc. is reporting Tuesday, Feb. 21, 2012, a 4.2 percent decline in fourth-quarter profits. But the world's largest retailer's U.S. namesake business continued its rebound as its grabbed shoppers over the critical holidays. (AP Photo/Seth Perlman, File)AP - Wal-Mart Stores Inc.'s business offers valuable insight into how Americans are reacting in the slow economic recovery: they will spend, but only if they believe they're getting the lowest prices.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/ap/20120221/ap_on_bi_ge/us_earns_wal_mart

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