H. Lee Scott

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Wal-Mart Stores Going Green

Retail giant lays out energy saving initiative

(Newser) - Retail giant Wal-Mart has launched an ambitious blueprint to go green, with plans to cut energy use of many of its products by 25%, and may even begin to sell hybrid cars and provide sustainable energy to charge them, reports the New York Times. Wal-Mart has already sold 145 million... More »

Weak Wal-Mart Profits Turn Smiles Upside-Down

Stock dips in early trading on anemic report

(Newser) - Wal-Mart stock saw its biggest dip in five years in early trading this morning, after Q2 profits rose less than analysts had expected. The Arkansas-based behemoth says full-year profit will total $3.13 a share, 3 cents lighter than its projections: Bloomberg reports that surging gas prices, faltering home sales... More »

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