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Tuesday, December 31, 2013

Takeover Digest- New York Times business news - Dec 31, (NYSE: WMT)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Despite challenges that have stymied even giants like Wal-Mart Stores Inc, some American technology entrepreneurs are seeking to pursue India's untapped opportunities, and are ready to risk their money on start-ups.* Banks in 16 countries are using a psychometric test to predict whether someone will pay back a loan. Originally a Harvard doctoral project, the Entrepreneurial Finance Lab's test has increasingly won the confidence of risk-averse bankers in places where, many economists believe, credit bottlenecks are severely stunting growth. A new partnership with MasterCard Inc has potential to speed the model's proliferation. ()

Wal-Mart Stores, Inc. (Walmart) operates retail stores in various formats globally. Shares of WMT traded higher by 0.2% or $0.16/share to $78.63. In the past year, the shares have traded as low as $67.72 and as high as $81.37. On average, 6012140 shares of WMT exchange hands on a given day and today's volume is recorded at 3086473.