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Wal-Mart (WMT) trades 2.5% lower in premarket action after a corruption inquiry in Mexico crops...

Wal-Mart (WMT) trades 2.5% lower in premarket action after a corruption inquiry in Mexico crops up. Analysts such as BMO Capital Markets' Wayne Hood expect shares to trade down 1%-2% on the day as the company reviews possible firings due to the scandal.
Comments (4)
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    Corruption is involved in operating in Mexico? Who would ever have guessed such a thing!
    23 Apr 2012, 07:40 AM Reply Like
  • tigersam
    , contributor
    Comments (1711) | Send Message
     
    Bribery is very common in the all part of the world and all companies follow this practice. In the United States is called fee to the lobby. We pay it these fee to lawyers whose friend works at government offices.
    23 Apr 2012, 09:25 AM Reply Like
  • jw4golf
    , contributor
    Comments (340) | Send Message
     
    the USA anti bribery law is simply window dressing, should we address required bribery around the world?
    23 Apr 2012, 10:26 AM Reply Like
  • bill d
    , contributor
    Comments (1906) | Send Message
     
    You guys have obviously never spent very much time in Mexico.
    Don't try it if you equate bribery there with it here.
    24 Apr 2012, 04:48 PM Reply Like
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