$WMT Expects More Costs in Relation to Bribery Probes

“Wal-Mart Stores Inc. (WMT), the world’s largest retailer, said it expects to continue incurring costs related to its investigations of possible bribery in its international operations.

The cost related to the probes was $157 million in the year ended Jan. 31, the Bentonville, Arkansas-based company said yesterday in a filing with the U.S. Securities and Exchange Commission….”

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