Merck & Co., Inc. (MRK), Pfizer Inc. (PFE), and the Dow (.DJI) Hits the Fast Lane Toward 15,000

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There were only four losers among the 30 Dow components today, among them Wal-Mart, Inc. (NYSE:WMT), which fell 1%. An Indian judge said he would seek more information from the world’s largest retailer about its illegal lobbying activities in India. As Wal-Mart seeks to further penetrate the world’s second-biggest country, it has again run into legal problems, which potentially include bribery. After hours, the company received some favorable news as the Retail Industry Leaders Association, which represents Wal-Mart along with other retailers, said it would opt out of a $7.2 billion settlement with Mastercard Inc (NYSE:MA) and Visa Inc (NYSE:V), a decision that could give retailers greater leverage over the credit card lenders that take a significant bite out of their profits.

The article Dow Hits the Fast Lane Toward 15,000 originally appeared on Fool.com.

Fool contributor Jeremy Bowman has no position in any stocks mentioned, and neither does The Motley Fool.

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