Wal-Mart Already Feeling Holiday Cheer; Shares Hit New All-Time High
Posted on October 10, 2012 at 12:24 PM EDT
Wal-Mart (WMT) executives expressed confidence about the holiday season at the retail giant’s annual meeting today, saying customers are making big purchases on layaway and the company continues to grab market share. Shares jumped 3.6% to $76.78 in midday trading, hitting a new all time high. Wal-Mart said that customers have already made $400 million [...]