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IPFS News Link • Economy - Economics USA

Wal-Mart Posts 1st Profit Fall in Decade

8-16-2006 • AP

Wal-Mart Stores Inc. posted its first profit decline in a decade as the world's largest retailer paid a hefty price for closing its loss-making German stores while high energy prices hit its sales and costs at home.

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Reported By Powell Gammill

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Wal-Mart Posts 1st Profit Fall in Decade

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