Wal-Mart Bribery Scandal, Vodafone And Nestle Acquisitions

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HFA Staff
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Wal-Mart Stores Inc. (NYSE:WMT) is to see a rocky week for its stock after allegations of corruption at its Mexican subsidiary (. The company’s stock was down almost 4% to 59.99 at time of writing in pre market trading today. The company’s stock has been on a good run in the last year rising in price by 17% in the last 12 months. Allegations of bribery broke last Saturday in a New York Times Report. The scandal centers on the firm’s Mexican subsidiary ((Wal-mart de Mexico S A B de C V (PINK:WMMVY)), where management apparently bribed government officials in 2005 in…

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