While you were sleeping: Wal-Mart rally boosts Wall St

Tue, 10 Oct 2017

By Margreet Dietz Oct. 11 (BusinessDesk) - Wall Street rose to fresh record highs, bolstered by a rally in Wal-Mart shares after the company predicted 40 percent growth in its US online sales next year and announced a US$20 billion share buyback program. “We have good momentum in the business, we’re executing our strategy and moving with speed to win with the customer, who is more connected than ever and embracing tools that will save them both time and money,” Walmart CEO Doug McMillon said in a statement. “We’re combining the acces...

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