• Wal-Mart’s Seiyu division in Japan reports that it lost $459 million last year – though it had a same-store sales increase of 0.6 percent, the first annual increase in 15 years. Wal-Mart owns 54 percent of Seiyu, and has the right to increase that stake to 66 percent.
• Tyson Foods reported that its first quarter net income jumped to $57 million, up 46 percent from $39 million a year earlier. Sales for the period rose 1.6 percent to $6.6 billion from $6.5 billion.
• Tyson Foods reported that its first quarter net income jumped to $57 million, up 46 percent from $39 million a year earlier. Sales for the period rose 1.6 percent to $6.6 billion from $6.5 billion.
- KC's View:
