Why Wal-Mart Stores Inc. (WMT) Can’t Save the Dow Today

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Fortunately, the retailer’s results from last quarter weren’t quite so dire. This morning the company reported better-than-expected fourth-quarter earnings per share of $1.67, up from $1.50 per share last year and better than the $1.57 expected by analysts. It nevertheless confirmed that February has been “slower than planned” due in part to the IRS’s decision to delay processing tax returns by eight days.

The article Why Wal-Mart Can’t Save the Dow Today originally appeared on Fool.com and is written by John Maxfield.

John Maxfield owns shares of Bank of America. The Motley Fool recommends Home Depot. The Motley Fool owns shares of Bank of America.

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