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Walmart didn't stop there. It unveiled plans to sell 100 toys for $10 apiece, roll back prices 20% to 30% on more than 100 other toys and aggressively mark down prices on DVDs, video games and other electronics even before Black Friday. Its push into electronics comes as the sector faces fewer competitors as a result of the demise of Circuit City and Tweeter over the past year. "We will not be beaten on price," said Eduardo Castro-Wright, vice chairman of Walmart Stores Inc., during the company's annual investor meeting last month. Anticipating a crush of early...
...shortly before Stewart sold her Imclone shares to prove that they knew they were acting on insider information. Stewart was convicted in the case and served five months in jail. In the Tyco case, prosecutors used e-mails to show that chief executive Dennis Kozlowski and chief financial officer Mark Swartz pressured Wall Street firms to maintain positive ratings on their company...
13.FM: You are set to work on The Social Network, a movie about Facebook founder Mark E. Zuckerberg. He was a member of your graduating class before he left Harvard. Are you friends on Facebook? LEG: No. (Laughs) I have a Facebook friend policy. I have to know you in the real world before I’m friends with you in the cyber world. So no. Unless I meet him and decide I want to be friends with him at some point in the indeterminate future...
...Reported by Massimo Calabresi, Bobby Ghosh, Michael Scherer, Mark Thompson and Michael Weisskopf / Washington and Hilary Hylton / Fort Hood...
...Crimson got the first shot in overtime, but Kimmel’s attempt at the 73:16 mark sailed wide of the goal. After several minutes of fighting for possession, Columbia was awarded a penalty corner, and a pair of passes from the top found its way to the Lions’ Julia Garrison. Garrison made up for her earlier miscues and shot it past Tassopoulos at the 75:02 mark to secure the Lions victory...