Wal Mart Stores News

Best Buy Co. Inc.'s plans to close 50 big-box stores by the end of the year is creating, at least temporarily, a consumer electronics hole that Wal-Mart is eager to fill.

Walmart has found a way to "Keep it Local" by giving area businesses a boost. The Bentonville Butcher and Deli now has expanded by opening two satellite locations inside two of the retail giant's Neighborhood Markets in Rogers and Fayetteville.

Sony's Men in Black 3 posts an impressive $70 million opening weekend, as the film is the first of a trio upon which the studio has spent as much as $1 billion to develop.

Massachusetts' state pension fund said Tuesday it voted against the re-election of seven Wal-Mart Stores Inc directors, the latest public pension fund to protest allegations of a widespread bribery scheme in Mexico and subsequent cover-up. "We need to make it clear that these kinds of corporate abuses are not acceptable, and that serious ... (more)

The Massachusetts pension fund board has joined other pension funds in voting against seven of Wal-Mart's 16 directors at the retailer's shareholders meeting amid allegations of a bribery scheme in the company's Mexican operations.

From float trips and camp outs along the Big Sugar Creek near Noel, Mo., in the early days of Wal-Mart and ice cream socials at the Walton's Bentonville homestead, the annual shareholder meeting has been an evolution in the making since 1969.

Executives at Costco Wholesale Corp. and Wal-Mart Stores Inc., competitors in the $76 billion U.S. warehouse-club market, have taken their rivalry to a new level: national politics.

Wal-Mart's Indian division has reportedly appointed a team in India to brief employees on its anti-corruption compliance programme.

The Consumer Financial Protection Bureau is seeking comment on what should be included in a forthcoming regulation on prepaid debit cards.

Earlier this month, Target confirmed a report by The Verge that it would cease marketing Amazon.com Kindle branded products this spring.

CalPERS and the New York City and Connecticut retirement systems pledged to vote their shares in Wal-Mart Stores Inc.

With a net worth of $29.8 billion Walmart heir Alice Walton has topped the list of female billionaires with her sister-in-law, Christy, taking third place.

In the days before the big race, and today, on the day of the big race, there will be sadness.

Blood is being collected at the following sites today and Monday: * Noon to 4 p.m. today: 1999 E. Nine Mile Road, Pensacola; and 2696 Martin Luther Kind Blvd., Panama City.

LegendaryA fund managerA Peter Lynch once said that you shouldn't invest in any idea you couldn't illustrate with a crayon.

Traders and the media have assumed a path-breaking turn in the ways and mores of the stock market: shareholders are going to rise up and be heard! Some have gone so far as to term this the Shareholder Spring, a reference to last year's Arab Spring, which upended old and deplorable regimes.

The Dow Jones Industrial Average is trading down 24.0 points at 12,505 as of Friday, May 25, 2012, 11:35 a.m. ET.

Closing Bell - May 25, 2012 It is not unusual for large American public companies to be controlled by a founder, a founding family or a corporation that bought out the large majority of shareholders at some time in the past.

Toyota's drive to grow its profits by using local production would get a boost, if its plans to sell more than 1 million subcompact cars in emerging markets by 2015 work out.

A dog owner in the Chicago area has filed a class action lawsuit alleging that his 9-year-old Pomeranian died as a result of eating Nestle Purina's Waggin' Train Yam Good dog treats.