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Tuesday November 16, 08:43
Wal-Mart 3Q profit rose 13%, matched expectations
(by Roy Deng)

Wal-Mart 3Q profit rose 13%, matched expectations
Wal-Mart Stores, the world's largest retailer, said today third quarter profit rose 13%. Net income rose to $2.28 billion, or 54 cents a diluted share, from $2 billion, or 46 cents a diluted share. Economists were expecting 54 cents a share. Sales rose 9.7% to $68.5 billion.
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