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Tuesday, February 21, 2012

BREAKING NEWS: Wal-Mart 4Q Profit Beats Street, Revenue Shy

Wal-Mart posted a fourth-quarter profit on continuing operations of $1.51 a share, topping estimates of $1.45. The world's largest retailer, however, reported quarterly revenue of $122.3 billion, which fell short of the $124.2 billion analysts anticipated.


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