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Joseph Feldman, managing director at Telsey Advisory Group, talks with Bloomberg's Carol Massar in New York about Wal-Mart Stores Inc.'s first-quarter profit, forecast and business strategy, and his recommendation of the stock. The world's largest retailer said net income increased 6.9 percent to $3.02 billion, or 76 cents a share. It forecast second-quarter earnings that may trail analyst estimates. Bloomberg's Julie Hyman also speaks.
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Feldman of Telsey Says Wal-Mart Forecast `Makes Sense'

Joseph Feldman, managing director at Telsey Advisory... (more)
Channel:Bloomberg Category:Business Views:2
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