Wal-Mart Japan unit says 2007 loss double forecast
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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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Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) on Monday said it expected sales at its US stores open at least a year to be in the middle of a previously forecast rise of between
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The recent series of typhoons and tremors to have hit Japan are likely to hurt the world's second largest economy just as it is showing signs of vulnerability, analysts say.
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Wal-Mart Stores Inc. ,  the world's biggest retailer, on Tuesday raised its profit forecast for the full year.
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Wal-Mart Stores Inc  said on  Thursday that it is cutting prices on 15,000 more items this  week as the world's largest retailer continues its push to  boost sales headed into the holiday season.
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Subprime losses at Japan's Mizuho Financial Group Inc  may have ballooned to as much as $2.8 billion, potentially forcing the bank to cut its full-year forecast for a second time, newspaper reports said on Wednesday.
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Japanese stocks extended losses into a  fourth straight day by mid morning on Friday following a slide  in U.S. markets, with Sony Corp. adding extra downward pressure  after it cut its operating profit estimate.
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TOKYO (CBS.MW) - Japan&#39;s Mitsubishi Motors Corp. said Monday its first-half net loss widened from a year earlier, and it downgraded its sales and net loss forecast for the year.
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Japan will order drug prices to be cut by an average 5.2 percent in its latest review, a government source said on Tuesday, along with more steps to promote generic medicines in a double blow for branded makers.
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JDS Uniphase Inc.   on Tuesday said it expects to post a wider quarterly loss than previously projected, citing factors including a revenue decline from a major customer for consumer optics and display products.
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Auto parts maker Tower Automotive Inc. (TWR.N: Quote, Profile, Research) said on Tuesday its third-quarter loss would be twice as deep as previously expected because of lower vehicle production in North America and higher steel costs.
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WAL-MART, the worldâs largest retailer, has cut its sales forecast, in the run-up to Christmas, by more than half after suffering a fall in the number of shoppers passing through its doors
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Japanâs economy grew 0.9 percent in the last quarter of 2007, double the expected rate, the government said Thursday.
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Wal-Mart Stores Inc. , the world's biggest retailer, on Tuesday reported higher quarterly profit, meeting Wall Street expectations, and said it was optimistic about the rest of the year.
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FAYETTEVILLE, Ark. -- Wal-Mart will scale back the number of planned U.S. supercenter store openings next year by more than 25 percent, a move that will drop its capital expenditures by $1.5 billion in the current fiscal year, the company announced Friday at its annual shareholders meeting.
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The troubled Japanese carmaker says its losses for the last three quarters of 2004 more than doubled, as it continues to be affected by a defects scandal.
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The drug store chain Rite Aid said Thursday that its second-quarter loss widened sharply, and it warned that it expected to lose more than it had forecast for the year.