{"id":27242,"date":"2012-02-09T00:45:04","date_gmt":"2012-02-09T05:45:04","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2012\/02\/09\/wal-mart-to-invest-750-million-in-canadian-operations\/"},"modified":"2012-02-09T00:45:04","modified_gmt":"2012-02-09T05:45:04","slug":"wal-mart-to-invest-750-million-in-canadian-operations","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/02\/09\/wal-mart-to-invest-750-million-in-canadian-operations\/","title":{"rendered":"Wal-Mart To Invest $750 Million in Canadian Operations"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"540\" height=\"300\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vedfc8636d9e879614c5ac751cd581688f42e4a1d&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=vedfc8636d9e879614c5ac751cd581688f42e4a1d&#038;tgt=grabnetworks\"\/><\/object><\/div>\n<\/p>\n<p>Reuters reported that, the Canadian unit of Wal-Mart (NYSE:WMT) will invest $750 million in 73 projects in the next 12 months, as it moves to stay ahead of Target (NYSE:TGT) and other competitors.Wal-Mart Canada operates 333 stores in the country, and plans to an additional 4.6 million square feet of retail space to its operations in the next year.Wal-Mart Stores (NYSE:WMT) has potential upside of 1.1% based on a current price of $61.88 and an average consensus analyst price target of $62.56.Wal-Mart Stores is currently above its 50-day moving average (MA) of $59.47 and above its 200-day of $55.30.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/02\/09\/0_nu3t78ln_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/02\/09\/0_nu3t78ln_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters reported that, the Canadian unit of Wal-Mart (NYSE:WMT) will invest $750 million in 73 projects in the next 12 months, as it moves to stay ahead of Target (NYSE:TGT) and other competitors.Wal-Mart Canada operates 333 stores in the country, and plans to an additional 4.6 million square feet of retail space to its operations &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/02\/09\/wal-mart-to-invest-750-million-in-canadian-operations\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wal-Mart To Invest $750 Million in Canadian Operations&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-27242","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/27242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=27242"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/27242\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=27242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=27242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=27242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}