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Wal-Mart Stores Inc.: The Bentonville, Ark., retailer...

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From Times Staff and Wire Service Reports

Wal-Mart Stores Inc.: The Bentonville, Ark., retailer reported a first-quarter profit of $253.4 million, up 28% from the same period last year. Revenue rose 26% to $6.8 billion. The company credited good expense control and an aggressive sales and earnings plan.

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