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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
11/26/201421:21:35Wal-Mart Stores Inc. Cuts Nearly 30 Directors and Midlevel Managers...
11/25/201415:52:52Wal-Mart's Chief Merchandising Officer to Leave--Update
11/25/201415:46:09U.K. Retailers Embrace Black Friday
11/25/201415:38:53MARKET SNAPSHOT: U.S. Stocks: Futures Rise After GDP Data
11/25/201413:38:26MARKET SNAPSHOT: U.S. Stocks: Futures Point To Further Highs...
11/25/201401:25:08Wal-Mart's Chief Merchandising Officer to Leave - Sources
11/24/201414:05:53Barnes & Noble's Secret Weapon for Black Friday: 500,000 Signed...
11/24/201410:20:07Wal-Mart Adds Former American Airlines CEO Horton to Board
11/21/201413:38:26Black Friday Is No Sure Indicator of Holiday Retail Sales
11/20/201418:28:30Jana Partners Considers Nominating PetSmart Director Slate...
11/20/201417:45:57Jana Partners Considers Nominating PetSmart Director Slate
11/20/201412:33:16Startups Mine Market-Moving Data From Fields, Parking Lots--Even...
11/20/201412:27:26Best Buy Sales Bounce Back Ahead of Holidays -- 2nd Update
11/20/201409:29:25Graco Recalls 4.9 Million Strollers In North America --CPSC
11/20/201408:32:10Dollar Tree Posts Best Sales Figures Since 2011
11/19/201416:00:12Family Dollar Delays Vote on Dollar Tree Deal -- 4th Update
11/19/201414:35:07Family Dollar Delays Vote on Dollar Tree Deal -- 3rd Update
11/19/201410:14:26Family Dollar Delays Vote on Dollar Tree Deal -- 2nd Update
11/19/201409:45:01Family Dollar Delays Vote on Dollar Tree Deal -- Update
11/19/201408:45:18Target Posts Surprise Profit Increase--Update

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