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Reuters: Better goods, capex plans to aid Wal-Mart: JP Morgan

Started by chris, November 03, 2008, 04:59:15 PM

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chris

Better goods, capex plans to aid Wal-Mart: JP Morgan
      


(Reuters) - Wal-Mart  would benefit from its improved store base and merchandise, new capital allocation plans and reduced margin drains from its international unit, said J.P. Morgan Securities, which upgraded the world's largest retailer to "overweight" from "neutral."</p><div class="feedflare">
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