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Wal-Mart beats Street as profit jumps on strong sales
Bentonville, Ark. -- Wal-Mart Stores Inc. reported a better-than-expected 9.2% increase in first-quarter profit on increased sales in the United States and a strong performance abroad.
Wal-Mart earned $3.74 billion in the quarter ended April 30, 2012, up from $3.39 billion period.
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Walmart expands solar footprint to Massachusetts
New York -- Walmart plans to install solar panels on about half of its stores in Massachusetts, making it the largest user of solar power in the state.
Walmart is partnering with Greenskies Renewable Energy LLC, Middletown, Conn., on the project, which involves 27 stores.