Check Out Line: Discounting the discounter

[calm_girl]

Check Out Line: Discounting the discounter
      

Check out Wal-Mart’s earnings.
The world’s largest retailer posted a 7 percent rise in quarterly profits.
But even as the discounter drew cash-strapped consumers looking to save money, the company also indicated that it could miss second-quarter earnings estimates, which pressured its stock price in the morning.
Consumers are being hit by higher transportation costs and a difficult [...]
         

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