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Tag Archives: Wal-Mart

MetroPCS Communications Share Price Dives

15-Oct-09

MetroPCS Communications Inc.’s share price hit a 52 week low of US$7.08 yesterday, after Wal-Mart Stores Inc. announced that it will expand its low-price, prepaid mobile services across the U.S. Wal-Mart developed the service with TracFone Wireless Inc., the U.S. unit of Mexican billionaire Carlos Slim’s American Movil. It will offer the prepaid service nationwide [...]

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Overnight Market News – August 13, 2009

13-Aug-09

US Federal Reserve Announces Plans to Ease Bond-Buying Program as it Sees Economy “Leveling Out” Euro Zone Close to Recovery as Germany and France Emerge From Recession, Each Reporting Second Quarter Growth of 0.3% Wal-Mart Stores Inc Reports Flat Second Quarter Earnings of USD 0.88 per Share, Beating Estimates of USD 0.85 per Share US [...]

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Wal-Mart Says Its More Than A ‘Recession Stock’

06-Jun-09

Yesterday, Wal-Mart Stores Inc., which has been grabbing increased market share recently, reassured investors that it was more than a ‘recession stock’. The world’s biggest retailer stressed that it is “here to stay”, and is certain it will retain the customers it gained during the economic downturn and continue to outperform its competitors. Wal-Mart also [...]

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Financial News Summary – May 6, 2009

06-May-09

- Wal-Mart Opens Convenience Stores in China – US Private Sector Cuts 491,000 Jobs, Less Than Expected – Bank of America Corp to Need USD 34B of Capital

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