Wal-Mart's (WMT -4.1%) Mexican subsidiary, Walmex (WMMVY.PK -15.8%) plummets in early trade in...

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

Wal-Mart's (WMT -4.1%) Mexican subsidiary, Walmex (WMMVY.PK -15.8%) plummets in early trade in wake of the bribery story. Wal-Mart owns 69% of Walmex and it accounts for about 8% of company's overall profit. Walmex controls about 62% of the Mexican food retail market with EPS growth this year expected around 39%.