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Wal-Mart De Mexico S.A.B. de C.V. ADR (WMMVY)

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  • Apr. 23, 2012, 9:52 AM
    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%.
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Company Description
Walmart de Mexico y Centroamerica is a major retail chain in Mexico and Central America. As of November 30, 2012 it operates 2,915 units throughout 6 countries (Mexico, Guatemala, Costa Rica, Honduras, El Salvador and Nicaragua), including self-service stores, membership wholesale clubs, apparel... More
Country: México