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Wal-Mart Rebounds with Record Q4 Sales and Earnings
BENTONVILLE, Ark. -- Wal-Mart Stores, Inc. beat analysts' expectations yesterday, reporting record sales and earnings for the latest quarter. Net sales were $98 billion, an increase of 10.9 percent over the fourth quarter of fiscal year 2006, while income from continuing operations was $3.9 billion, an jump of 8.8 percent, the retailer said. -
FDA Broadens Peanut Butter Salmonella Warning
WASHINGTON -- The FDA on Friday warned consumers to destroy any Peter Pan peanut butter bought since May 2006, in the widening of an earlier alert about salmonella-contaminated peanut butter tentatively tied to a ConAgra plant in Georgia that manufactures Peter Pan-branded peanut butter and also Great Value-branded peanut butter that is distributed to Wal-Mart