United States: Wal-Mart Stores Inc

Wal-Mart Stores Inc: n" - Wal-Mart Stores Inc WMT.N: Quote reported a surprise decline in quarterly same-store sales in the United States, its biggest market, after shoppers came in less often because higher taxes and gasoline prices were leaving them with less spending money. , according to Reuters. Shares of Wal-Mart were down 2.4 percent at $74.59 in midday trading. By Phil Wahba and Lisa Baertlein The world's largest retailer also cut its revenue and profit forecasts for its fiscal year, raising concerns about retail spending as the all-important holiday season nears. It cited weak results from the United States, as well as Canada, Mexico, Japan and other international markets that it is relying on for long-term growth. (www.immigrantscanada.com). As reported in the news.