Wal-Mart (WMT) Chief Sees Slow Recovery

Robson Walton, Chairman of Wal-Mart (NYSE: WMT) told attendees of a global business conference in Malaysia that he saw any economic recovery as "lethargic".

Robson stated China and India will provide growth but not enough to allow an overall strong global recovery.

Wal-Mart is trading down 0.8% to $48.84/share, while the broader market is down 0.9%.