Wal-Mart shares fall on poor holiday sales
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Shares in Wal-Mart fell more than three per cent in New York on Monday, after the giant discount retailer cut its forecast for November same-store sales
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Wal-Mart Stores Inc.'s  shares  dipped 1 percent early on Monday as Wall Street tried to  determine what caused surprisingly weak November sales and  looked ahead nervously to a make-or-break December.
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Will steep discounting save Christmas? Retailers, including Wal-Mart Stores (nyse: WMT - news - people ) Chief Executive Lee Scott, will be forced to slash prices this week to spur sales that got off to a weak start this holiday season.
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Stocks opened lower on Thursday as a downgrade of Wal-Mart Stores  and uncertainty about when the Federal Reserve would cut interest rates rattled investors.
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Shares in a range of area retailers dipped Monday on disappointing Thanksgiving sales data from Wal-Mart Stores Inc. In addition, ShopperTrak, which tallies sales results from 30,000 stores nationwide, said
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Early holiday sales reports are weak, with Target Corp., the nation's No.2 retailer, warning that its sales may have fallen in December.
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A DISAPPOINTING sales forecast from Wal-Mart Stores Inc sent US stocks mostly lower today as investors worried that oil prices, which stabilised after last week&#39;s highs, would
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Wal-Mart Stores Inc.'s  shares dipped 1 percent early on Monday as Wall Street tried to determine what caused surprisingly weak November sales and looked ahead nervously to a make-or-break December.
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Wal-Mart Stores Inc.'s share price tumbled nearly 4 percent Monday after the world's largest retailer lowered its November sales forecast over the weekend, disappointing some analysts.
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Wal-Mart Stores Inc.  on Wednesday said September sales growth was smaller than the company estimated just four days earlier, sending its shares down as much as 2.5 percent.
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U.S. stocks slid on Monday, with the Nasdaq losing more than 2 percent, amid concern about Google Inc.'s  valuation and doubts about holiday spending after a disappointing sales estimate from Wal-Mart Stores Inc. .
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U.S. stocks dropped sharply on Monday, with the Nasdaq sliding 2 percent, as investors sold Google Inc.  shares after Barron's newspaper said the stock was overvalued and a disappointing sales forecast from Wal-Mart Stores Inc.  raised doubts about consumers' holiday spending.
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Wal-Mart Stores Inc.  on Wednesday said September sales growth was smaller than the company estimated just four days earlier, sending its shares 2 percent lower and holding back the broader market.
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Wal-Mart Stores Inc. (WMT), the world&#39;s largest retailer, slashed its own expectations of November sales on Saturday, saying customer traffic declined toward the end of Thanksgiving
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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. predicted a rare decline in monthly sales on Saturday, even as U.S. bargain-hunters jammed stores in search of gifts at the start of the crucial holiday shopping season.
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U.S. retailers are expected to post modest November sales this week, with No. 1 retailer Wal-Mart Stores Inc. already cutting its holiday outlook on high oil prices and warmer weather.