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Wal-Mart Stores Inc: The discount retailer said...

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From Times Staff and Wire Reports

Wal-Mart Stores Inc: The discount retailer said its first-quarter profit jumped 21% to $306.95 million on revenue that surged 37%to $9.28 billion. The Bentonville, Ark.-based company said that, despite the recession, it expects to achieve its profit and sales goals for the year.

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