Consumer Business Report: Wal-Mart Goes To India, GM Recalls Nearly Half A Million Cars

Wal-Mart Stores, Inc. (NYSE:WMT) expects to launch its first retail stores in India within two years of the government clearing the way for international supermarket chains to come into the country via joint ventures, according to the Wall Street Journal.

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General Motors Company (NYSE:GM) is recalling more than 462,000 Chevrolet, Pontiac, and Saturn sedans between the model years 2007 to 2010 so as to repair a transmission gear problem. Hey, you can’t beat a free transmission fix!

Sealy Corporation (NYSE:ZZ) moves considerably higher on the day, following a disclosure by Hayman Capital Management in a Securities and Exchange Commission filing (13D) that it holds a 5.9 percent investment in the firm. This sector tends to move in tandem, but Sealy is jumping by itself this time.

Dunkin’ Brands (NASDAQ:DNKN) will shut 21 stores in Pakistan as a precautionary measure, says a Bloomberg report.

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