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Wal-Mart slips on concern about outlook

NEW YORK
Tue May 13, 2008 7:31am EDT

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Journalists walk in front of a Wal-Mart store before the start of a media tour of in Pleasant Grove, Arkansas May 31, 2007. REUTERS/Jessica Rinaldi

NEW YORK (Reuters) - Wal-Mart (WMT.N) shares fell nearly 3 percent before the bell on Tuesday after the retailing bellwether's outlook signaled that its second-quarter earnings per share may trail Wall Street's current expectations.

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In brisk trading before the opening bell, the stock was down $1.52 at $56.50 after closing Monday at $58.02. Year to date, the stock is up 22 percent and is the best performing component of the blue chip Dow Jones industrial average .DJI.

(Editing by Theodore d'Afflisio)
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