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Wal-Mart profit misses forecast; outlook weak CHICAGO (Reuters) - Wal-Mart Stores Inc. on Thursday reported a weaker-than-expected profit and said second-quarter results would miss Wall Street forecasts as steep energy prices and cool, wet weather cut spring sales. Shares of Wal-Mart, which said gasoline prices would continue to curb consumer spending in the current quarter, fell 4 percent in premarket trading. The world's biggest retailer said it expects trends to improve in the second half and remained optimistic about the U.S. economy. "Our results were not up to Wal-Mart standards," Chief Executive Officer Lee Scott said on a recorded message,...

Wal Mart says it imported about $18 billion in goods from China in 2003. The annual sales for that year by Wal Mart was approximately $250 billion dollars. However, when you walk through your local Wal Mart and look on the label of products in the store the majority of products say "Made in China". I went through my local Wal mart the other day and was surprised on what I found. Just about all the Black & Decker and Stanley tools were made in China. GE toasters, microwaves, and vacuum cleaners were all made in China. I looked at...

There have been way too many vanities. We have asked numerous times to please limit your vanities to either the General Interest (Chat) forum or to post your one line vanities on an already existing thread. Guess what, didn't work. So, we will be deleting one line vanity threads, unless it is truly news as reported by a major media outlet. We will be deleting threads misposted to news that clearly belong in the General Interest (Chat) forum. Remember, this is a conservative news forum. So, get ready, your vanity posts will be removed if you can not follow these...