Wal-Mart's 1Q profit up 10.1 percent
Wal-Mart's 1Q profit up 10.1 percent Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 02:59 p.m., Thursday, May 17, 2012 Wal-Mart also acknowledged in a government filing that the accusations could hurt the company and that media coverage of the scandal could harm its reputation as a ...
Wal-Mart results could move investors past bribe probe
Wal-Mart Stores Inc will try to get investors' minds back on business and away from a Mexican bribery scandal, and continued progress in its U.S. turnaround could do just that. Wal-Mart is expected on ...
Wal-Mart warns of potential costs of bribery probe
Retail giant Wal-Mart has warned shareholders that investigations into bribery allegations in its Mexico business could add to costs for the company and possibly result in fines and criminal convictions.
Wal-Mart bribery probe follows years of lawsuits
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Wal-Mart's 1Q Profit Up 10.1 Percent; Bribery Scheme Investigation Looms
Wal-Mart may have gotten its groove back, but an alleged bribery scheme threatens to curtail its progress. As Wal-Mart reported first-quarter profit on Thursday that beat Wall Street estimates, the world's largest retailer also disclosed that it is expanding an internal probe into alleged bribes at its Mexico unit to include other countries.
Wal-Mart reports strong 1Q results as it discloses bribery probe may widen
By Anne D'Innocenzio, The Associated Press NEW YORK, N.Y. - Wal-Mart may have gotten its groove back, but an alleged bribery scheme threatens to curtail its progress. As Wal-Mart reported first-quarter ...
Wal-Mart Concedes Bribery Case May Widen
The scope of an investigation into foreign bribery issues seemed to have widened at the retailer, which reported higher-than-expected first-quarter earnings.
Wal-Mart probed by SEC, DOJ, Mexican agencies
NEW YORK (MarketWatch) -- Wal-Mart Stores Inc. , undergoing an internal investigation into whether it allegedly violated the U.S. Foreign Corrupt Practices Act in its Mexican market and whether prior allegations were mishandled by the company, said in a regulatory filing on Thursday that both Department of Justice and the Securities and Exchange Commission are investigating the matter ...
Wal-Mart Probe Follows Decade of Sex Bias, Overtime Suits
A U.S. probe of possible bribery in Mexico by a Wal-Mart Stores Inc. (WMT) unit to boost store growth follows more than a decade of allegations that the company violated laws on illegal immigrant workers, overtime, gender bias and preservation of evidence in pursuit of larger profits.