Financial news on August 27, 2006

Business and Financial news
Wal-Mart Posts Slightly Improved Sales in August

Wal-Mart Stores said that same-store sales for August in the United States rose about 2.7 percent. Read more..

By BLOOMBERG NEWS - The New York Times

Whispers of Mergers Set Off Suspicious Trading

The boom in corporate mergers is creating concern that illicit trading ahead of deal announcements is becoming a systemic problem. Read more..

By GRETCHEN MORGENSON - The New York Times

See what else happened on August 27, 2006