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CalPERS To Withhold Votes For Nine On Wal-Mart Board -Reuters

DOW JONES NEWSWIRES The California Public Employees' Retirement System said it would withhold votes from nine Wal-Mart Stores Inc. (WMT) board members, including Chief Executive Mike Duke, Reuters reported Wednesday. In addition to Duke, CalPERS plans to vote against Chairman Robson Walton, former CEO Lee Scott, Jim Walton, Christopher Williams, Linda Wolf, James Breyer, Douglas Daft and Michele Burns, according to Reuters. The plan comes amid controversy over allegations that Wal-Mart de Mexico used bribery to expand its business. Earlier this week, the California State Teachers' Retirement System said it planned to vote against the entire Wal-Mart board. Full story at http://www.reuters.com/article/2012/05/23/us-walmart-calpers-idUSBRE84M12W20120523 -Dow Jones Newswires; 212-416-2900

Stock News for Wal Mart Stores (WMT)
DateTimeHeadline
12/19/201411:20:28Wal-Mart's Latin America Chief Also to Head Mexico Unit
12/18/201419:08:01Wal-Mart de Mexico Sells Bank Business to Inbursa -- Update
12/18/201417:53:15Wal-Mart de Mexico Sells Bank Business to Inbursa
12/18/201412:00:14Norway Central Bank to Decide Oil Fund Exclusions
12/17/201414:19:13FedEx Profit Rises Less Than Expected on Plane Costs -- 2nd Update
12/16/201413:23:18Coca-Cola Promotes Julie Hamilton to Chief Customer Post
12/16/201413:05:12Wal-Mart Weighs Appealing Wage Suit to U.S. Supreme Court...
12/16/201412:00:09Wal-Mart Weighs Appealing Wage Suit to U.S. Supreme Court...
12/16/201410:54:38Wal-Mart Weighs Appealing Wage Suit to U.S. Supreme Court
12/14/201417:08:07PetSmart to Be Acquired by BC Partners-Led Group
12/13/201420:41:07How Cheap Oil Complicates Investing
12/11/201413:03:11U.S. Stocks Rally on Robust Retail Sales
12/11/201408:42:30Starboard Confirms Staples Stake, Boosts Position in Office Depot...
12/11/201407:47:19Starboard Confirms Staples Stake, Boosts Position in Office Depot
12/10/201422:21:04Starboard Value Takes Roughly 6% Stake in Staples -- 2nd Update
12/10/201421:59:36Starboard Value Takes Roughly 6% Stake in Staples -- Update
12/10/201415:25:08Wal-Mart Names New Operating Chief for U.S. Stores
12/09/201417:14:15Krispy Kreme Profit Rises 20%
12/09/201411:16:46Tesco Issues Profit Warning -- 4th Update
12/09/201404:43:30Tesco Issues Profit Warning -- 3rd Update

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