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Wal-Mart posts revenue increase, earnings decrease

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Wal-Mart Stores Inc. today reported an increase in revenue and a drop in profits.

Revenue moved up 0.9 percent to $115.9 billion, above the $113.2 billion analysts had projected.

Profits dropped to $30.1 billion from $3.3 billion a year earlier.

Read more from Dow Jones Newswires.

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