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Daily News November 9, 2015

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Wal-Mart de Mexico surges to record high Wal-Mart de Mexico, the nation’s biggest retailer, climbed after same-store sales surged the most in almost four years.Shares gained 4.5 percent to a record $2.72 in Mexico City, posting the biggest increase on Mexico’s benchmark IPC stock index. The retailer said late Thursday that sales at stores in Mexico open at least a year jumped 10.8 percent in October from a year earlier, well above a 6 percent projection by Credit Suisse Group. Chief Executive Officer Enrique Ostale told investors last week that the company is positioned to benefit from a rebound in […]
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