CEO Lee Scott

Retail giant Wal-Mart Stores Inc. is facing a wave of protests this week pushing for company leadership changes at its annual meeting Friday. The goal of protesters, organizers said, is to oust some Wal-Mart board members and push for more ...  

MINNEAPOLIS -- Best Buy Co. Inc.'s plans to close 50 big-box stores by the end of the year is creating, at least temporarily, a consumer electronics hole that Wal-Mart Stores Inc. is eager to fill. The Bentonville, Ark.-based retail giant has ...  

The Massachusetts pension fund board has joined other pension funds in voting against seven of Wal-Mart's 16 directors at the retailer's shareholders meeting amid allegations of a bribery scheme in the company's Mexican operations. The Massachusetts Pension Reserves Investment Management (PRIM) Board said it voted against Wal-Mart Stores Inc. (NYSE: WMT) directors M. Michele Burns, Michael T. Duke, Gregory B. Penner, H. Lee Scott, Jr., Jim C...  

The store will be open 24 hours a day, seven days a week. "Walmart provides job opportunities and career choices for everyone from seniors looking for supplemental income to young people wanting to gain work experience," Boaz said. Like most Walmart store ...  

By Interactive Brokers: Wal-Mart Stores, Inc. (WMT) – Wal-Mart weeklies worked out well for some bullish traders this week. For example, buyers of the May 25 ‘12 $62.5 strike call on Monday paid an average premium of $0.64 apiece for options that are now worth more than four times that amount on their final day of trading ahead of expiration. Trading traffic in call options that expire next Friday suggests some traders anticipate this same...  

(Reuters) - Wal-Mart Stores Inc's (NYS:WMT - News ... removed from the boardroom and activist shareholders threaten to put a damper on the June 1 party, even if their efforts have little chance of succeeding. Wal-Mart was bombarded by negative ...  

(Reuters) - Wal-Mart Stores Inc (NYS:WMT - News) shareholders should vote against Chief Executive Michael Duke, former CEO Lee Scott and other board nominees, two influential proxy advisory firms said. Institutional Shareholder Services and ...  

Seeking to sweep aside Wal-Mart Stores Inc.'s entire board and bring in fresh faces, the California State Teachers' Retirement System will vote against them with every one of its 5.3 million shares. CalSTRS, which owns $313.5 million worth of Wal-Mart (NYSE: WMT) shares, says the retailer's top executives and directors ignored reports of unethical conduct in Wal-Mart's foreign operations. "CalSTRS believes that in some cases, Wal-Mart...  

Wal-Mart Stores Inc. (WMT) (WMT) shareholders shouldn’t relect four directors, including Chief Executive Officer Mike Duke, because of a Mexican bribery probe, according to Institutional Shareholder Services Inc. Duke, former CEO Lee Scott ...  

CEO of the California State Teachers' Retirement System cites 'a breakdown of corporate governance and lack of oversight' in the wake of bribery allegations in Mexico.SACRAMENTO — The California State Teachers' Retirement System will cast its 5.3 million shares of Wal-Mart Stores Inc. against the reelection of the company's board after allegations of bribery in the retailer's Mexican operations.  

The California Public Employees’ Retirement System plans to vote against the re-election of nine Wal-Mart Stores Inc. (WMT) directors following allegations that executives bribed Mexican officials. Calpers, the pension fund for state employees ...  

May 21 (Reuters) - Wal-Mart Stores Inc shareholders should vote against Chief Executive Michael Duke, Lee Scott and five other board nominees, proxy adviser Glass Lewis & Co said on Monday. The firm said it was basing its recommendation on news ...  

The California State Teachers’ Retirement System, the largest teachers’ retirement fund in the country and known as CalSTRS, filed an important lawsuit this month against 27 current and past executives and directors of Wal-Mart Stores Inc ...  

WASHINGTON (Reuters) - U.S. lawmakers investigating Wal-Mart Stores Inc for alleged bribery in Mexico are frustrated by the lack of cooperation they have received from the company, a committee staffer familiar with the investigation said. Attorneys for Wal-Mart briefed the committee earlier on Monday about the company's anti-corruption compliance program, the person said. But Wal-Mart has not committed to briefing the panel on the substantive...  

May 21, 2012 (Datamonitor via COMTEX News Network) -- Wal-Mart Stores, Inc, a hypermarket chain, has unveiled a new selection and of USDA Choice steak, including T-bone, NY Strip, Filet, Ribeye, and Top Sirloin. "Walmart now offers top quality USDA Choice ...