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Non-Tech : Wal-Mart -- Ignore unavailable to you. Want to Upgrade?

To: sydney who wrote (1022)	3/29/2000 3:56:00 PM
From: TechMkt	Respond to of 1166

Nice rally today. Should last for a few more days. Fez _________________ Wal-Mart shares lead Dow gainers Meat cutters at Illinois store drop support for union By Tomi Kilgore, CBS MarketWatch Last Update: 3:40 PM ET Mar 29, 2000 NewsWatch Bentonville, Ark. (CBS.MW) -- Shares of Wal-Mart rallied to pace gainers in the Dow Jones Industrial Average on Wednesday after meat cutters at an Illinois store decided to drop support for a petition to unionize. Wal-Mart (WMT: news, msgs) climbed 3 7/16, or 6.3 percent, to 57 15/16. It was the leading percentage gainer among the components of the Dow Jones Industrials Average ($INDU: news, msgs). A company spokesperson confirmed that the United Food and Commercial Worker Union withdrew a petition to unionize workers in the meat department at a Wal-Mart store in Normal, Ill., after the workers ended support. "Our associates realized they were being misled by the union, and understand that the company stands by and supports them," said Jessica Moser, a spokesperson for Wal-Mart. In February, meat cutters at a Jacksonville, Texas supercenter voted to unionize their department. Wal-Mart followed by announcing in early March that it would stop its meat-cutting operations there and in 179 other stores in 6 other states, after deciding to sell only pre-packaged meat. Following that announcement, the stock had fallen by 4 percent. See related story. The stock's rally is helping to support its retail brethren, as the CBOE Retail Index ($RLX: news, msgs) climbed 3.2 percent. Among other stocks in the index, shares of Home Depot (HD: news, msgs) gained 3 11/16, or 5.8 percent, to 67 11/16. Home Depot is also a component of the Dow.

To: sydney who wrote (1022)	4/23/2000 1:13:00 PM
From: TechMkt	Respond to of 1166

Wal-Mart to open first U.K. superstore By Ivar Simensen, CBS MarketWatch Last Update: 11:58 AM ET Apr 23, 2000 NewsWatch LONDON (CBS.MW) -- Wal-Mart Stores Inc. is opening the first store under its own name in Britain next month, according to a report in the U.K.'s Sunday Times. The world's biggest retailer took over Asda, the British grocer, last July and has so far acted under the name most familiar to U.K. shoppers. But in a months time the mask is falling, and the first giant Wal-Mart (WMT: news, msgs) store opens in Bristol, South England. Three stores are planned before the end of the year, and ten more will have opened within one year. The store will resemble more closely the American stores, with a greater variety of nonfood products. Today the average Asda store is split 70 percent food and 30 percent nonfood. In the Bristol site, half of the 90,000-square-foot area will be dedicated to beauty products, electrical goods and other products. "The aim is to satisfy local needs in one store. Through the range we are developing we will aim to satisfy most shoppers' needs," Gary Parker, Wal-Mart's U.K. stores director told the Sunday Times. With the new name and profile, Wal-Mart also aims to make life harder for health products stores such as Boots (BOOOY: news, msgs) and Superdrug, music and bookseller WH Smith. Earlier in April, the investment bank Credit Suisse First Boston advised to sell shares of Boots, mainly because Wal-Mart was set to enter the market, the Sunday Times said.

To: sydney who wrote (1022)	5/9/2000 8:34:00 AM
From: TechMkt	Read Replies (1) \| Respond to of 1166

WMT beats earnings estimates. Fez ______________________ Tuesday May 9, 8:08 am Eastern Time Wal-Mart's profits beat estimates, sales up 24 pct BENTONVILLE, Ark., May 9 (Reuters) - Wal-Mart Stores Inc. (NYSE:WMT - news), the world's largest retailer, on Tuesday reported a 24 percent jump in first-quarter sales, while earnings rose 2.64 percent, exceeding Wall Street expectations. Wal-Mart reported net income of $1.33 billion in the quarter, ended April 30, up from $916 million in the year-earlier quarter. Per share earnings rose 50 percent, to 30 cents per diluted share from 20 cents last year. A poll of Wall Street analysts by First Call/Thomson Financial pegged the retailing giant's first-quarter earnings at 29 cents a share. Total sales were $42.98 billion, an increase of almost 24 percent over sales of $34.72 billion a year ago. Last year's first-quarter earnings were reduced by a one-time non-cash charge of about 4 cents per share from an accounting change. As of April 30, Wal-Mart had about 1,784 Wal-Mart discount stores, 753 Supercenters, and 465 Sam's Club warehouse stores in the United States. The company also has stores in Argentina, Brazil, Canada, China, Germany, Korea, Mexico and the United Kingdom.