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Thursday, February 17, 2005

GIGO = $$

LITTLE ROCK, Ark. (AP) -- Wal-Mart Stores, Inc., the world's largest retailer, announced Thursday it posted a 16.2 percent increase in profits for its fourth quarter, beating Wall Street expectations. Its earnings for the full year topped $10 billion for the first time.

Wal-Mart president and chief executive Lee Scott called it a solid performance but added, "we can do better.''

nyt/link

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