Wednesday, March 08, 2006

Walmart Sneaks it Out (NYSE:WMT)

Wal-Mart sneaks it out. On March 7 Wal-Mart sends an end of day SEC alert announcing the new Board of Directors Compensation plan. Unlike their retail strategy they are not going cheap. So far no press release. For a company who knows how to market and sell stuff this announcement is taking the quiet route. Corporate governance can make and break companies. Being more forth coming would show confidence. Sneaking around the technicalities indicates fear and weakness.