Wal-Mart Cuts Forecast Amid Reports of Retail Strength
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Wal-Mart (WMT:NYSE - news - research) cut its November sales forecast Saturday, citing declining customer traffic over the past week.
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Wal-Mart Stores Inc , the  world's largest retailer, said it plans capital expenditures  for its current fiscal year of $14.7 billion to $15.4 billion,  lower than its previous forecast.
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Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) on Thursday said third-quarter sales were weaker than it had planned but earnings will be at the high end of its estimated range because of improved margins and a better tax rate.
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BENTONVILLE, Ark. -- Wal-Mart Stores Inc. announced Thursday that it expects its third quarter earnings to be at the high end of its forecast of 52 to 54 cents per share.
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NEW YORK - A disappointing sales forecast from Wal-Mart Stores Inc. sent stocks mostly lower Monday as investors worried that oil prices, which stabilized after last week's highs, would curb consumer spending and hurt companies' third-quarter earnings...
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Wall Street stocks moved mostly lower Monday on a disappointing sales forecast from Wal-Mart Stores Inc. as investors worried that oil prices would cut consumer spending and hurt companies&#39; third-quarter profits.
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Wal-Mart Stores Inc. WMT.N lowered  its August sales forecast on Monday as back-to-school demand  failed to meet its expectations and hurricanes in Florida  forced it to close 75 stores.
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Wal-Mart Stores Inc's  Japan unit, Seiyu Ltd , said on Tuesday that it likely lost twice as much money last year as previously forecast due to slumping sales and asset write-downs.
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Goldman cuts No. 1 retailer&#39;s rating to &quot;in-line&quot; from &quot;outperform&quot; on heels of weak November sales. NEW YORK  - Wal-Mart Stores Inc, the world&#39;s biggest retailer, suffered another blow to its star
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Wal-Mart Stores Inc. unsettled the retail industry Thursday, reporting a sales decline for the first time in 10 years and warning that its holiday sales would be disappointing. The discounter's news, coupled with a jump in unemployment benefit claims, raised concerns about the strength of the retailing sector at a critical time of the year.
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By Emily Kaiser CHICAGO  - Wal-Mart Stores Inc.  lowered its August sales forecast on Monday because of disappointing back-to-school demand, casting doubt on the strength of U.S. consumer spending in a key shopping season.
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Holiday shoppers spent 10 percent more Friday than they did a year ago, according to early reports, but Wal-Mart Stores Inc. dampened hopes for a strong start to the key retail season by slashing its November sales forecast by more than half.
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U.S. stocks could start the week lower  after Wal-Mart Stores Inc. , a key barometer of the U.S.  retail sector, forecast a decline in monthly sales, signaling  caution about the holiday shopping season.
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Amid reports yesterday of sluggish back-to-school sales from the nation's largest retailer, Wal-Mart Stores Inc. , analysts maintained forecasts for a decent retail season.
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Wal-Mart Stores Inc's  Japanese unit, Seiyu Ltd , boosted its annual loss forecast by 76 percent due to a charge to cut about 7 percent of its work force as it battles sluggish sales.
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CHICAGO - Wal-Mart Stores Inc. on Monday maintained its September sales forecast and said back-to-school demand picked up for key categories including electronics and clothing after a sluggish start.
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U.S. retailers are expected to post  modest November sales this week, with No. 1 retailer Wal-Mart  Stores Inc. WMT.N already cutting its holiday outlook on high  oil prices and warmer weather.