Wal-Mart (WMT) Down on Layoffs

Wal-Mart Stores Inc. (NYSE: WMT) shares fell 0.9% to $64.27 after news it is preparing a round of layoffs as early as Friday that would affect hundreds of employees at its Bentonville, Ark., headquarters. Share volume was 521,000, compared to an all-day average of 2.5 million