Wal-Mart shares drop after report retailer is cutting orders from suppliers

Wal-Mart Stores shares fell 1.5 per cent on Wednesday after a report by Bloomberg said the retailer is cutting orders with suppliers this quarter and next quarter to address rising inventories.

via Business feed http://www.scmp.com/business/companies/article/1318075/wal-mart-shares-drop-after-report-retailer-cutting-orders