Wal-Mart names new U.S. CEO amid slumping sales

Wal-Mart names new U.S. CEO amid slumping sales: CHICAGO (Reuters) - Wal-Mart Stores Inc on Tuesday named Bill Simon to run its U.S. discount stores, which have struggled with sluggish sales as their core customer continues to be pressured by high unemployment. Wal-Mart is a Dow-Jones IA enlisted company. Its shares are traded on CFD market.