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View Full Version : Wal-Mart Drops After Profit Forecast Lags Some Estimates - Bloomberg



NewsWhore
08-16-2012, 08:40 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGcV7rv4PHOgSaP7wkX5S7hsAgT-g&url=http://www.bloomberg.com/news/2012-08-16/wal-mart-drops-after-second-quarter-sales-trail-estimates.html)


Wal-Mart Drops After Profit Forecast Lags Some Estimates (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGcV7rv4PHOgSaP7wkX5S7hsAgT-g&url=http://www.bloomberg.com/news/2012-08-16/wal-mart-drops-after-second-quarter-sales-trail-estimates.html)
Bloomberg
The average of 26 analysts' estimates compiled by Bloomberg was $1.17 a share. Total revenue rose 4.5 percent to $114.3 billion in the quarter. That trailed analysts' $115.8 billion average estimates. Currency exchange rate fluctuations reduced sales ...

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