Monday, April 23, 2012

One ETF For Wal-Mart's Mexico Woes (WMT, EWW)

Wal-Mart Stores Inc. (WMT) stock fell 3.76 percent to $60.10 in pre-market session. The company suppressed an investigation into an extensive bribery campaign carried out by top executives of its Mexican subsidiary, Walmart de Mexico, to gain marketWal-Mart Stores, Inc. (WMT: News ) is falling over 4 percent to $59.84 amidst bribery allegations at its Mexico unit. The company confirmed that it is probing possible violations of the US Foreign Corrupt Practices Act at its Mexican unit.Shares of Dow component Wal-Mart (NYSE: WMT), the world's largest retailer, are off almost 4.5% in early trading Monday, an uncharacteristic move for a stock that is normally viewed as a stodgy blue chip, following an articleUS:WMT - Get Stock quote detail for Wal-Mart Stores Inc. Stock quotes include the latest US:WMT market price and fundamental investing data, price charts Author: freemarking.The

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