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U.S. Morning Call: Stock futures lower; Wal-Mart probe

Sunday, April 22, 2012 - 01:56

April 23 - U.S. stock futures are pointing to a sharply lower open on Wall Street, and a probe into bribery charges at Wal-Mart could eventually cost some executives their jobs.

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Here's your morning call for this Monday US stock index futures pointing sharply lower open on Wall Street. Dow NASDAQ-100 S&P 500 futures down close to 1% -- European -- down across the board after flash purchasing managers report. Point -- pastor -- compassion. The Dutch government prepares to resign and France's Sarkozy loses the first round of elections. Wal-Mart facing years of regulatory scrutiny and a possible management shake up. The New York Times reporting Saturday that executive shut down an internal investigation into bribery at its Mexican subsidiary. And failed to notify US Mexican law enforcement. The retailer found out Paper trail suspect payments totally more than 21 million dollars -- legal and -- experts said that the allegations if proven true. Could ask him for the company and management for years now turning wal mart's stock down about 3% in the premarket. Eyes are cashing in on the sale of its baby food business naturally. Buying the unit for close twelve billion dollars beating out rival to announce it will kidnap Leo -- fast growing emerging markets. The price tag well about ten billion dollars which had been expected. Pfizer shares trading near their 52 week high of 22 EB. More -- to watch include Ardea Biosciences AstraZeneca screened by the US company now reports out drug over one point three billion dollars or thirty dollars a share. A 54% premium to its Friday close. And half from twit company hosting a net loss for the quarter compared to a profit a year earlier sales declined 3%. US companies are stepping up hiring plans at least modestly new survey from the national association of business economics I'm 39% of respondents. Expect hiring to rise and companies and industries over the next six months. That's up twelve percentage points from January 48% expect -- to hold steady while 44% the wages and salaries climbing. That's morning comments Monday I'm John Rogers this is --

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U.S. Morning Call: Stock futures lower; Wal-Mart probe

Sunday, April 22, 2012 - 01:56