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Wal-Mart holiday sales dip

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Wal-Mart Stores Inc posted a drop in holiday sales at U.S. stores and gave a disappointing profit outlook, casting doubt on its ability to keep shoppers won in the recession.
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Greek drama plays out on Wall Street

U.S. stocks could struggle to make headway this week if a meeting of European finance ministers fails to reassure markets that they can contain Greece's debt problems.
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Wal-Mart cuts 300 jobs in latest reorganization

Wal-Mart Stores Inc is cutting 300 jobs at its headquarters in northwest Arkansas as Chief Executive Mike Duke scours the company for ways to cut costs and make the world's biggest retailer more efficient.
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Jan retail sales seen up, clues sought on Q1

January sales at top U.S. retail chains should rebound into positive territory from last year's decline as shoppers redeemed holiday gift cards and retailers avoided drastic clearance sales.
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Wal-Mart seeks efficiency in new U.S. structure

Wal-Mart Stores Inc is consolidating some U.S. operations and dividing the country into three regions under separate presidents to increase efficiency at more than 3,700 domestic stores.
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Home Depot laying off 1,000 employees: memo

Home Depot Inc, the world's largest home improvement chain, is laying off about 1,000 employees, according to an internal memo obtained by Reuters, two days after warehouse club store Sam's Club said it would cut more than 11,000 jobs.
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Retail industry sales seen up 2.5 percent for 2010

U.S. retail sales should rise 2.5 percent this year, signaling that store chains have made it through the worst of the downturn as improvements in the housing and job markets bolster shoppers' confidence, a trade group forecast on Tuesday.
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Dow rises on retailers, upgrades, and Travelers earnings

The Dow Jones Industrial Average managed to gain 27.36 points, or 0.27 percent at 11:10 a.m. ET, as several of its components made big gains. The stocks that lifted the index into positive territory include Travelers (NYSE:TRV), Alcoa (NYSE:AA), Wal-Mart (NYSE:WMT), and American Express (NYSE:AXP).
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U.S. retail industry sales seen up 2.5 percent for 2010

U.S. retail sales should rise 2.5 percent this year, signaling that store chains have made it through the worst of the downturn as improvements in the housing and job markets bolster shoppers' confidence, a trade group forecast on Tuesday.
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Wal-Mart cuts 11,200 jobs at Sam's Club

Sam's Club, the warehouse club division of Wal-Mart Stores Inc is cutting roughly 11,200 jobs, or about 10 percent of its workforce, as it outsources in-store product demonstrations and eliminates positions used to recruit new business members.
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Sam's Club cuts 11,200 jobs, 10 percent of workforce

Sam's Club, the warehouse club division of Wal-Mart Stores Inc is cutting roughly 11,200 jobs, or about 10 percent of its workforce, as it outsources in-store product demonstrations and eliminates positions used to recruit new business members.
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Stock buybacks could be back in vogue in 2010

Share buybacks by U.S. corporations could be back in style this year as an improving economy makes companies more willing to loosen their purse strings to fund transactions that could reward investors with a higher share price.

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