The American Spectator

home
ADVERTISEMENT

The Spectacle Blog

Analyst Downgrades Wal-Mart Stock on Card Check

By on 3.10.09 @ 10:57AM

A Citigroup analyst has downgraded Wal-Mart's stock writing that it would increase labor costs and and pinch their profits. "We believe that (Wal-Mart) would be the primary target if EFCA/card check were to be passed," the anlayst wrote. Just what the economy needs.

About the Author

Philip Klein is The American Spectator's Washington correspondent. You can follow him on Twitter at: http://twitter.com/Philipaklein

http://spectator.org/blog/2009/03/10/analyst-downgrades-wal-mart-st
ADVERTISEMENT

Clip of the Day

ADVERTISEMENT

Home |About |Contributors |Advertise |Donate |Privacy Policy |Contact

The American Spectator Foundation is the 501(c)(3) organization responsible for publishing The American Spectator magazine and training aspiring journalists who espouse traditional American values. Your contributions are tax deductible to the extent permitted by law. Each donor receives a year-end summary of their giving for tax purposes.

© 2012 Copyright, The American Spectator. All rights reserved.