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Midday Market Report: 2/21/13

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  • Description

    Wal-Mart out with better earnings than expected

  • Duration 1:29
  • Date

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Wal-Mart out with earnings that are a dime better than expected fourth quarter fun.

And -- dollar 67 -- share the world's largest retailer also said it's raising its quarterly dividend by 18%.

But its quarterly revenue of the -- -- seven billion dollars and its outlook disappointed.

If you were a call Wal-Mart raised eyebrows last week when an executive's email was leaked -- category -- a quote total disaster.

And inflation US consumer prices were unchanged in January for the second month in a row.

Outside of volatile food and energy prices core CPI rose three tenths of 1%.

More Americans filing for jobless benefits last week claims rose to 362000.

And the Labor Department says the four week average a better way to measure trends in the job market.

Rose to a six week hot.

My friends and American's CEO is the last thing French workers and Cullen -- lady Marie Taylor head of tire maker Titan International.

Little letter of February 8 to the French industrial minister explaining why his company would not -- -- part of an ailing Goodyear factory there.

He wrote quote the French workforce get -- high wages and only works for three hours while the French are firing back reminding -- And it's a -- CEO that -- company is quote twenty times smaller than Michelin the French leader in the industry.

Thanks for -- -- foxbusiness.com.

In New York -- Cincinnati.

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