Wal-Mart Stores Nominates Marissa Mayer For Election To Board - Quick Facts

Wal-Mart Stores Q1 Profit Rises - Quick Facts

Earnings Watch For May 16 (AMAT, DELL, JCP, WMT, JWN)

Walmart To Inspect Safety Of Bangladesh Factories

Walmart To Conduct In-depth Safety Inspections At Bangladesh Factories

Trade WMT now with

4/16/2012 9:20 AM ET

Wal-Mart Stores Inc. (WMT: Quote) announced that its board has nominated Marissa Mayer of Google Inc. (GOOG: Quote) for election as a new member of the company's board at its Annual Shareholders' Meeting on June 1, 2012. If elected, Mayer would become the sixteenth member of the board, the company said.

Mayer, 36, is vice president of Local and Maps for Google, a position she has held since 2010. She leads the product management and engineering efforts of Google's local, mobile, and local-based products.

Previously, Mayer served as Google's vice president, Search Products and User Experience, beginning in 2005. Mayer began her career with Google in 1999 as its first female engineer and has launched hundreds of products and features during that time.

Click here to receive FREE breaking news email alerts for Wal-Mart Stores Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 123 Articles

Editors Pick

HP Profit Falls Yet Tops Estimates

Hewlett-Packard Co. said Wednesday after the markets closed that its second quarter profit fell 32% from last year, hurt by lower revenue and weaker margins amid a slump in PC sales. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast.

Worries About Fed Tapering Lead To Sell-Off On Wall Street - U.S. Commentary

Stocks showed a substantial downturn over the course of the trading day on Wednesday after seeing some strength in morning trading. Renewed worries about the Federal Reserve tapering its asset purchase program contributed to the sharp pullback by the markets. The major averages climbed off their worst levels going into the close but still ended the day firmly negative.

Fed Minutes Show Some Members Want To Scale Back QE3 This Summer

Some members of the Federal Reserve favor scaling back the central bank's $85 billion a month asset purchase program this summer as long as the economy continues to improve, according the the minutes of the Fed's April 30-May 1 meeting. "A number of participants expressed willingness to adjust the...