ADVFN - Advanced Financial Network.
HOME» NYSE » W » WMT Stock Price » WMT Stock News

Wal Mart Stores Share News

 Wal-mart Stores, Inc. Stock Price
WMT Stock Price
 Wal-mart Stores, Inc. Stock Chart
WMT Stock Chart
 Wal-mart Stores, Inc. Stock News
WMT Stock News
 Wal-mart Stores, Inc. Company Information
WMT Company Information
 Wal-mart Stores, Inc. Stock Trades
WMT Stock Trades

Wal-Mart Chairman Says Company Taking Mexico Allegations 'Very Seriously'

By Karen Talley Of DOW JONES NEWSWIRES Wal-Mart Inc. (WMT) is taking "very seriously" bribery and cover-up allegations in connection with its Mexican operations, Chairman Rob Walton said Friday at the company's annual meeting. The comment came as Walton started the shareholder input part of the session and warned gathered employees and shareholders, "Don't be surprised if we have some interruptions" given Mexico is a hot button. A number of proxy advisory firms and large shareholders have indicated they will vote against several board members, including Walton, in the wake of the allegations. Wal-Mart is taking anti-bribery allegations "very seriously" and working with the U.S. government to find out what, if anything, happened, Walton said. "Operating with integrity is an integral part of our business," he said. "If violations of the law are found, appropriate action will be taken." The annual meeting, usually an uninterrupted celebration, this year comes as Wal-Mart is overhauling its global compliance programs and conducting a large-scale investigation into its Mexican operations for possible violations of the U.S. law that prohibits bribery in foreign countries. Wal-Mart off 0.6% to $65.46 in premarket trading after hitting a fresh 12-year high Thursday. -By Karen Talley, Dow Jones Newswires; (212) 416-2196; karen.talley@dowjones.com

Stock News for Wal Mart Stores (WMT)
DateTimeHeadline
12/22/201417:49:14Alibaba's Tmall Global Site Stumbles
12/22/201417:32:09Tesco Faces Fresh Accounting Investigation -- 2nd Update
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%

Wal Mart Stores and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad