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Wal-Mart 2Q profit rises 5.7 pct, raises outlook

August 17, 2012
By ANNE D’INNOCENZIO , THE ASSOCIATED PRESS

NEW YORK - Wal-Mart Stores Inc. reported a 5.7 percent increase in second-quarter net income and raised its outlook for the full year as the world's largest retailer continues to woo back frugal shoppers by re-emphasizing it has the lowest prices on everything from clothes to electronics.

 
 

 

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