Market News Briefing – Aug 18th 2016 13:30 (GMT+1)


Wal-Mart beat the forecasts:

The US retail giant Wal-Mart today raised the annual profit forecast after recorded a financial results which were better than expected – $1.07 per share, five cents more than analysts’ forecasts on revenue of $120.9 billion, for the second quarter of the year.
Wal-Mart jumped by 3% in trading before the opening of Wall Street and will open the regular trading hours at the peak of 15 months.


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