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Friday, November 12, 2010

Will Wal-Mart Go Shopping? (NYSE: WMT)

Rumors have been floating that Wal-Mart (NYSE: WMT) may bid for Matahari, an Indonesian retailer. Wal-Mart's chief executive of the Asia divisions would not comment on the matter. Wal-Mart stock was down $0.17 today and back up just $0.09 in after hours trading.