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Wednesday, March 27, 2013

Wal-Mart sees losses from Mexico bribery allegations.

Wal-Mart (WMT) expects to incur losses from the Mexico bribery scandal, which already cost the retailer $157M in the last fiscal year. Wal-Mart didn't provide a specific forecast for the losses, due to the complexity of the affair, but it did say that the amount probably won't have a material effect on its business.

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