Wal-Mart (WMT) expects to incur losses from the Mexico bribery scandal, which already cost the...

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

Wal-Mart (WMT) expects to incur losses from the Mexico bribery scandal, which already cost the retailer $157M in the last fiscal year. Wal-Mart didn't provide a specific forecast for the losses, due to the complexity of the affair, but did say that the amount won't have a material effect on its business. (10-K)